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Tag Archives: China Energy
China Model Perceived as Barrier to India’s Acquisition of Mineral Assets
By Ian Bhullar Jun. 25 – Indian policymakers see China’s state-supported model of acquiring commodities abroad as a barrier to India’s own pursuit, according to an article published in the Business Standard last week. China’s acquisition of mineral resources is supported with extensive financial and diplomatic infrastructure, including favorable loans from state-owned banks, direct government underwriting, foreign aid and multilateral initiatives like the Forum on China-Africa Cooperation. Amongst many deals of this kind, the state-owned China National Petroleum Corporation in 2005 bought the former Soviet Union’s largest oil company, Petrokazakhstan; in the same year the Chinese government awarded US$2 billion … Continue reading
Posted in Business, Energy, Foreign Trade, Mining
Tagged China Energy, Coal India, Foreign Policy, Foreign Trade, India Energy
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Iranian Energy: A Geopolitical Challenge for China and India
There have been two large obstacles that have disrupted Western efforts to reprimand Iran: China and India. They are not only the largest importers of Iranian energy, but also oppose unilateral sanctions. If China and India continue to provide Iran steady revenue through their purchase of energy, they will effectively be acting to prop up the regime, and fund its nuclear program.
Photo: Raheb Homavandi/Reuters
Posted in Featured, Politics
Tagged China Energy, EU Sanctions, India Energy, Iran, U.S. Sanctions
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Coal Consumption Marginalizing China’s Renewable Energy Gains
China dramatically increased its renewable energy production capacity in 2011, tripling output in solar power alone, but environmentalists warn an unwavering reliance on coal to fulfill 70 percent of its energy needs is offsetting the benefits of this new clean development. Continue reading
Posted in Business, Energy, Featured, Mining
Tagged Carbon Dioxide, China Coal, China Energy, China Policy, China Renewable Energy, Emissions, Environment, Fossil Fuels
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Sinopec to Acquire 30% Stake in Galp Energia’s Brazil Unit
China’s state-owned oil giant Sinopec Group announced Friday that it will buy a 30 percent stake in the Brazilian unit of Portuguese oil company Galp Energia for US$3.54 billion in China’s biggest push into the overseas energy market in 2011. Continue reading
Posted in Business, Energy, Featured, Foreign Trade
Tagged Addax Petroleum Corporation, Brazil, China Energy, Galp Energia, Repsol, Sinochem, Sinopec, Statoil
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Led by PetroChina, Asian Energy Companies Rise in Global Rankings
By moving up to fourth position this year, China’s state-owned oil and gas giant PetroChina has become the first Asian firm to break the top five threshold in the 10-year history of the Platts Top 250 Global Energy Company Rankings. Continue reading
Posted in Business, Energy, Featured, Foreign Trade, Markets
Tagged Asia Energy, Carin India, China Energy, CNOOC, CNPC, India Energy, McGraw-Hill, Oil & Natural Gas Corp., PetroChina, Platts, Reliance Industries
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