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Tag Archives: China
Increasing role of China in the oil market
At present, China is the fourth largest oil producer in the world By MERLIN FLOWER for OIL-PRICE.NET, 2010/03/31 China, it seems, is everywhere. In what has become a routine, not a day passes without a mention of China in the … Continue reading
China North East Petroleum: Upcoming Oil Producer
China North East Petroleum (NEP), with its innovative business model and flawless execution may be the most promising oil producer. By STEVE AUSTIN for OIL-PRICE.NET, 2008/05/07 Increasingly, governments are demanding higher prices from oil conglomerates for tapping intotheir onshore reserves … Continue reading
China currency could become the new petro-dollar
By MERLIN FLOWER for OIL-PRICE.NET, 2009/10/14 Last month Marconi’s article here in oil-price.net broke the news of how China was building its crude oil reserves, completing 102 million storage facilities and how the country had a big devaluating pile of … Continue reading