ChinaFile Recommends
05.10.17China’s Big Play for Middle East Oil
Bloomberg
China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdulaziz travelled to China to strengthen trade ties, and now a Chinese consortium...
The China Africa Project
06.24.16
Why the Stakes Are So High for China in South Sudan
Nowhere else in Africa do China’s financial, diplomatic, and geopolitical interests confront as much risk as they do in South Sudan. Beijing has invested billions of dollars in the country’s oil sector, deployed over a thousand troops to serve as U...
ChinaFile Recommends
03.04.16Why You Should Care about China's National People's Congress
BBC
It is an opportunity to gauge what Chinese leaders may be thinking about the economy.
The China Africa Project
10.30.15
China’s Risky Oil Strategy in Africa’s Sahel Region
Chad is one of the poorest, most corrupt, and, increasingly, most volatile countries in Africa. A recent wave of suicide bombings, allegedly orchestrated by Boko Haram, killing 36 and injuring 50, highlights the perilous challenges of doing business...
ChinaFile Recommends
03.18.15Party Investigates CNPC Executive Once Seen as Company’s Next Leader
Liao Yongyuan, who oversaw gas pipeline project crossing country, becomes target of inquiry by party graft-buster.
The China Africa Project
10.06.14
‘China Halts Arms Sales to South Sudan’ (Wait, What?)
In June, China’s ambassador to Juba, Ma Qiang, publicly declared that Beijing would not sell weapons to any side of the ongoing civil conflict in South Sudan. So it was a bit of a surprise when it was discovered that $38 million of weapons had been...
Caixin Media
08.25.14
His Start in Oil Fuelled Zhou’s Rise to Top Cop
Zhou Yongkang, a former member of the Politburo Standing Committee, the Communist Party's supreme decision-making body, has been the highest ranking Party cadre to be a target of a corruption investigation.The Party's graft fighters...
ChinaFile Recommends
05.21.14Russia Signs 30-Year Gas Deal with China
BBC
Russia's President Vladimir Putin has signed a multi-billion dollar, 30-year gas deal with China, 10 years in the making, and worth some $400 billion.
Caixin Media
04.23.14
Graft Inquiry at CNPC Uncovers Shady Deal
A little-known deal related to an equally little-known, yet highly productive oilfield has come to light as a graft investigation unfolds at oil giant China National Petroleum Corp. (CNPC). A businessman with strong ties to officials is behind the...
Caixin Media
04.15.14New Sichuan Petchem Plant on Shaky Ground
A controversial petrochemical project in the southwestern province of Sichuan quietly went into operation in March, but questions about the China National Petroleum Corp. (CNPC) facility continue to linger.The project is in Pengzhou, a city of 763,...
Caixin Media
03.25.14
State-Owned Oil Firms Invite Outside Investors
Since February, state-owned oil majors have taken steps toward pilots in mixed-share ownership, following central government calls for reforms to state-owned enterprises (SOEs). After the Chinese New Year, China Petroleum and Chemical...
Caixin Media
01.07.14
Chinese Firm Linked to CNPC Suspected of Fraud in Iraq
Just after the December 29 celebration of the Muslim holiday Ashura in southern Iraq, heads of the Iraqi subsidiary of China National Offshore Oil Corp. (CNOOC) received a letter titled “Suspending all activities of Hermic.”The sender of the letter...
The China Africa Project
08.22.13
Chad Pushes Back Against China’s National Oil Company
The Chadian government shut most or all oil operations run by China National Petroleum Corporation (CNPC) over allegations of an oil spill, poor worker safety, and violations of other environmental regulations. CNPC, not surprisingly, denied the...