Posted on 29 October 2012. Tags: Global Commodities
Gabe Collins, “Copper Conflict—Mongolia is Betting That Rio Tinto’s Resolve Will Crash Before Mongolian GDP Does,” China Oil Trader™, No. 8 (29 October 2012). CHINA’S OIL & GAS SECTOR FROM WELLHEAD TO CONSUMER Mongolia’s antagonistic stance toward foreign investors risks driving investment dollars into other regions, such as Chile for copper and making Mongolia even […]
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Posted in Global Commodities
Posted on 16 October 2012. Tags: Alternative Fuels, Oil Consumption
Battery Maker A123’s Bankruptcy Should Help “Charge Up” Global Oil Markets Gabe Collins, “Battery Maker A123’s Bankruptcy Should Help “Charge Up” Global Oil Markets,” China Oil Trader™, No. 7 (16 October 2012). CHINA’S OIL & GAS SECTOR FROM WELLHEAD TO CONSUMER What has happened A123 Systems Inc. (“A123”), which makes lithium ion batteries for electric […]
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Posted in Alternative Fuels, Oil Consumption
Posted on 04 October 2012.
Quick Note #3 China’s domestic oil production growth has been driven by two regions–offshore and nearshore in the Bohai Gulf (whose production is credited to Northeast China) and by aggressive drilling by Shaanxi Yanchang Petroleum and PetroChina in Shaanxi Province (production credited to Central China). Between 2004 and 2010, net oil production rose by 14% […]
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Posted in Upstream
Posted on 04 October 2012. Tags: Upstream
Quick Note #2 Tianjin and Shaanxi now produce as much oil as Argentina and Malaysia, respectively. Between 2004 and 2011, China’s domestic oil production increased by 543 thousand barrels per day—roughly 16%. In 2011, China was the world’s 5th largest oil producer, pumping approximately 4 million barrels per day (Exhibit 1). Exhibit 1: China domestic […]
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Posted in Upstream
Posted on 01 October 2012. Tags: Energy Security, Natural Gas, Upstream
Quick Note #1 Xinjiang’s massive–and largely untapped–coal reserves offer China a way to continue using large volumes of coal and do so at a much lower cost than before. Xinjiang’s large and high-quality thermal coal seams often lie close to the surface and can be mined for US$25/tonne or less. This is much lower than […]
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Posted in Energy Security, Natural Gas, Upstream
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