Author: H.H. Wang
Publisher: Elsevier
ISBN: 0080529119
Category : Business & Economics
Languages : en
Pages : 429
Book Description
This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.The author analyzes the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international oil trades.The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in different regions of the vast country.
China's Oil Industry and Market
Author: H.H. Wang
Publisher: Elsevier
ISBN: 0080529119
Category : Business & Economics
Languages : en
Pages : 429
Book Description
This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.The author analyzes the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international oil trades.The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in different regions of the vast country.
Publisher: Elsevier
ISBN: 0080529119
Category : Business & Economics
Languages : en
Pages : 429
Book Description
This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.The author analyzes the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international oil trades.The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in different regions of the vast country.
Energy Economy in China
Author: Kang Wu
Publisher: World Scientific
ISBN: 9814335673
Category : Business & Economics
Languages : en
Pages : 287
Book Description
The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional and provincial oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2020. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil and gas supplies, energy security, the use of natural gas in coastal provinces for power generation, oil and gas related environmental issues, and the need for foreign investment in the oil and gas sector development. The impact of China's oil market development and imports on the Asia-Pacific region will also be examined. Energy Economy in China also reviews all current and future domestic and international oil and gas pipelines, import plans and emerging new gas markets in China over the next fifteen years.
Publisher: World Scientific
ISBN: 9814335673
Category : Business & Economics
Languages : en
Pages : 287
Book Description
The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional and provincial oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2020. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil and gas supplies, energy security, the use of natural gas in coastal provinces for power generation, oil and gas related environmental issues, and the need for foreign investment in the oil and gas sector development. The impact of China's oil market development and imports on the Asia-Pacific region will also be examined. Energy Economy in China also reviews all current and future domestic and international oil and gas pipelines, import plans and emerging new gas markets in China over the next fifteen years.
China's Quest for Energy Security
Author: Erica Strecker Downs
Publisher: Rand Corporation
ISBN: 0833048325
Category : Political Science
Languages : en
Pages : 83
Book Description
China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.
Publisher: Rand Corporation
ISBN: 0833048325
Category : Political Science
Languages : en
Pages : 83
Book Description
China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.
The Structure of China's Oil Industry
Author: Michal Meidan
Publisher:
ISBN: 9781784670573
Category :
Languages : en
Pages : 55
Book Description
Publisher:
ISBN: 9781784670573
Category :
Languages : en
Pages : 55
Book Description
States and Markets in Hydrocarbon Sectors
Author: Andrei V. Belyi
Publisher: Springer
ISBN: 1137434074
Category : Political Science
Languages : en
Pages : 371
Book Description
Research on the role of states and markets in the hydrocarbon sector is highly topical in contemporary International Political Economy. This edited collection will approach this subject from a broader perspective, investigating the very essence of the interaction between the state and the market and how this varies on a regional basis.
Publisher: Springer
ISBN: 1137434074
Category : Political Science
Languages : en
Pages : 371
Book Description
Research on the role of states and markets in the hydrocarbon sector is highly topical in contemporary International Political Economy. This edited collection will approach this subject from a broader perspective, investigating the very essence of the interaction between the state and the market and how this varies on a regional basis.
Crude Volatility
Author: Robert McNally
Publisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336
Book Description
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.
Publisher: Columbia University Press
ISBN: 0231543689
Category : Business & Economics
Languages : en
Pages : 336
Book Description
As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.
The Chinese Oil Industry
Author: Lianyong Feng
Publisher: Springer Science & Business Media
ISBN: 1441994106
Category : Technology & Engineering
Languages : en
Pages : 123
Book Description
The Chinese Oil Industry: History and Future presents a wealth of tables and figures with new data on Chinese fossil fuel production and consumption, together with a peak oil model to forecast future trends in energy supply and demand. Energy experts in China and the United States provide you with a unique overview of the entire Chinese oil industry. The authors discuss trends in production and consumption of global significance through to the middle of the 21st century, including the energy returned on energy invested (EROI) for China’s oil and gas. The role of oil in the industrialization of China is described as are four phases in the history of the Chinese oil industry. Detailed coverage of resources and exploration, pipeline development, refining and marketing, petroleum and natural gas pricing policies, and international cooperation is followed by consideration of conservation, renewable energy, and environmental impact. The authors also address the importance of coal and the probable future of coal production. - Offers a comprehensive view of the Chinese oil industry - Presents new and previously unpublished data - Covers history and future trends in production and consumption - Introduces a new peak oil model for China - Discusses EROI trend of oil and natural gas and its consequences for the Chinese economy - Written from an objective viewpoint by leading energy experts
Publisher: Springer Science & Business Media
ISBN: 1441994106
Category : Technology & Engineering
Languages : en
Pages : 123
Book Description
The Chinese Oil Industry: History and Future presents a wealth of tables and figures with new data on Chinese fossil fuel production and consumption, together with a peak oil model to forecast future trends in energy supply and demand. Energy experts in China and the United States provide you with a unique overview of the entire Chinese oil industry. The authors discuss trends in production and consumption of global significance through to the middle of the 21st century, including the energy returned on energy invested (EROI) for China’s oil and gas. The role of oil in the industrialization of China is described as are four phases in the history of the Chinese oil industry. Detailed coverage of resources and exploration, pipeline development, refining and marketing, petroleum and natural gas pricing policies, and international cooperation is followed by consideration of conservation, renewable energy, and environmental impact. The authors also address the importance of coal and the probable future of coal production. - Offers a comprehensive view of the Chinese oil industry - Presents new and previously unpublished data - Covers history and future trends in production and consumption - Introduces a new peak oil model for China - Discusses EROI trend of oil and natural gas and its consequences for the Chinese economy - Written from an objective viewpoint by leading energy experts
Oil and Governance
Author: David G. Victor
Publisher: Cambridge University Press
ISBN: 1139502883
Category : Political Science
Languages : en
Pages : 1035
Book Description
National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.
Publisher: Cambridge University Press
ISBN: 1139502883
Category : Political Science
Languages : en
Pages : 1035
Book Description
National oil companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. This book explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry.
Oil Prices and the Global Economy
Author: Mr.Rabah Arezki
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.
Publisher: International Monetary Fund
ISBN: 1475572360
Category : Business & Economics
Languages : en
Pages : 30
Book Description
This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses. The model provides, inter alia, a useful analytical framework to explore the effects of: a change in world GDP growth; a change in the efficiency of oil usage; and a change in the supply of oil. Notwithstanding that shale oil production today is more responsive to prices than conventional oil, our analysis suggests that an era of prolonged low oil prices is likely to be followed by a period where oil prices overshoot their long-term upward trend.
China, Oil and Global Politics
Author: Philip Andrews-Speed
Publisher: Routledge
ISBN: 1136732357
Category : Business & Economics
Languages : en
Pages : 245
Book Description
This book provides a critical overview of how China’s growing need for oil imports is shaping its international economic and diplomatic strategy and how this affects global political relations and behaviour. It draws together the various dimensions of China’s international energy strategy, and provides insights into the impact of this on China’s growing presence across the world.
Publisher: Routledge
ISBN: 1136732357
Category : Business & Economics
Languages : en
Pages : 245
Book Description
This book provides a critical overview of how China’s growing need for oil imports is shaping its international economic and diplomatic strategy and how this affects global political relations and behaviour. It draws together the various dimensions of China’s international energy strategy, and provides insights into the impact of this on China’s growing presence across the world.