Tag Archives: NOC
Reform of China’s oil industry under low prices
Reform of China’s oil industry at a time of low prices Economic reform is high on the national agenda, at least according to the Third Plenary Session of the 18th Central Committee of the Communist Party of China, held more than two years ago in November 2013. Specific proposals included, among … Continue Reading ››
Whither China’s energy sector reforms?
China watchers are always energised by the arrival of a new national leadership, and those who observe the country’s energy sector are no different. The Third Plenum of the 18th Chinese Communist Party Congress in November 2013 held out the promise of state-owned enterprise (SOE) reform and a … Continue Reading ››
Reforming China’s national oil companies: big bang or small steps?
The last few months have seen a great deal of press speculation about Chinese government plans to reform its national oil companies (NOCs) and the NOC’s own plans to attract co-investors. It is still not clear whether the NOCs face wholesale restructuring or just incremental reforms. Either way, the … Continue Reading ››
China‘s international energy strategies at a time of low prices
The current low level of international energy prices will not only affect China’s macro-economy and its domestic energy sector, as discussed in last month’s column, but it will also have some consequences for the country’s international engagement in the energy arena. Whilst low prices have the potential to reduce the country’s … Continue Reading ››