The overseas oil and gas production by Chinese oil enterprises maintained stable growth in 2014.Driven by China’s new national strategy‘One Belt and One Road’,the energy cooperation between China,Russia,Central Asi...The overseas oil and gas production by Chinese oil enterprises maintained stable growth in 2014.Driven by China’s new national strategy‘One Belt and One Road’,the energy cooperation between China,Russia,Central Asia and other neighboring countries achieved a major breakthrough.Meanwhile,the number of Chinese private enterprises that implemented the‘Go-Global’strategy hit a new record.Oil and gas mergers and acquisitions(M&A)in the international market were affected by the changing worldwide oil prices,and the trading展开更多
This paper reviews the history of cooperation in overseas oil and gas among Chinese oil companies and selects two indicators of production and initial planned investment to systematically review and analyze in depth t...This paper reviews the history of cooperation in overseas oil and gas among Chinese oil companies and selects two indicators of production and initial planned investment to systematically review and analyze in depth the overseas cooperation process of Chinese oil companies.Based on the analysis of produced quantities (entitlement),it summarizes the current situation,scale and pattern of Chinese enterprises'overseas business. Based on the analysis of the initial planned investment,it summarizes the five stages in the development of overseas cooperation and the development characteristics of each stage.展开更多
In 1993,in the context of China’s opening-up,reforms,and economic globalization,Chinese oil companies,such as China National Petroleum Corporation(CNPC),started their international businesses under the guidance of th...In 1993,in the context of China’s opening-up,reforms,and economic globalization,Chinese oil companies,such as China National Petroleum Corporation(CNPC),started their international businesses under the guidance of the government’s key decision to fully utilize its resources both at home and abroad.After twenty years of rapid development,Chinese oil companies have become important players in the international oil and gas展开更多
The paper analyzed the development and features of China's oil companies' overseas business in 2016.Despite the plummeting crude price and a weak global economy,these companies managed to do well in foreign co...The paper analyzed the development and features of China's oil companies' overseas business in 2016.Despite the plummeting crude price and a weak global economy,these companies managed to do well in foreign countries.They steadily increased their shares of oil and gas in overseas oil and gas projects with their distinctive and unique ways:the three state-owned oil companies had focused on the countries involved in the One-BeltOne-Road Initiative,and others had been stressed more on international cooperation in a broader sense and areas.The small-and middle-scale companies had been matured and grew during the process.The central and local governments also played indispensable roles by providing need support for the cooperations.展开更多
This paper analyzes the status quo and progress of overseas oil and gas business cooperation built by Chinese oil enterprises in 2017. With the slow recovery of the oil and gas industries as a whole, the overseas oil ...This paper analyzes the status quo and progress of overseas oil and gas business cooperation built by Chinese oil enterprises in 2017. With the slow recovery of the oil and gas industries as a whole, the overseas oil and gas business of Chinese oil enterprises has continued to grow in size, and all-round cooperation progress was made along the Belt and Road. Breakthroughs were made in oil and gas cooperation between China and the United States. In the meantime, new features have emerged in the overseas cooperation of Chinese enterprises, and a pattern of diversified investors has basically taken shape.展开更多
文摘The overseas oil and gas production by Chinese oil enterprises maintained stable growth in 2014.Driven by China’s new national strategy‘One Belt and One Road’,the energy cooperation between China,Russia,Central Asia and other neighboring countries achieved a major breakthrough.Meanwhile,the number of Chinese private enterprises that implemented the‘Go-Global’strategy hit a new record.Oil and gas mergers and acquisitions(M&A)in the international market were affected by the changing worldwide oil prices,and the trading
文摘This paper reviews the history of cooperation in overseas oil and gas among Chinese oil companies and selects two indicators of production and initial planned investment to systematically review and analyze in depth the overseas cooperation process of Chinese oil companies.Based on the analysis of produced quantities (entitlement),it summarizes the current situation,scale and pattern of Chinese enterprises'overseas business. Based on the analysis of the initial planned investment,it summarizes the five stages in the development of overseas cooperation and the development characteristics of each stage.
文摘In 1993,in the context of China’s opening-up,reforms,and economic globalization,Chinese oil companies,such as China National Petroleum Corporation(CNPC),started their international businesses under the guidance of the government’s key decision to fully utilize its resources both at home and abroad.After twenty years of rapid development,Chinese oil companies have become important players in the international oil and gas
文摘The paper analyzed the development and features of China's oil companies' overseas business in 2016.Despite the plummeting crude price and a weak global economy,these companies managed to do well in foreign countries.They steadily increased their shares of oil and gas in overseas oil and gas projects with their distinctive and unique ways:the three state-owned oil companies had focused on the countries involved in the One-BeltOne-Road Initiative,and others had been stressed more on international cooperation in a broader sense and areas.The small-and middle-scale companies had been matured and grew during the process.The central and local governments also played indispensable roles by providing need support for the cooperations.
文摘This paper analyzes the status quo and progress of overseas oil and gas business cooperation built by Chinese oil enterprises in 2017. With the slow recovery of the oil and gas industries as a whole, the overseas oil and gas business of Chinese oil enterprises has continued to grow in size, and all-round cooperation progress was made along the Belt and Road. Breakthroughs were made in oil and gas cooperation between China and the United States. In the meantime, new features have emerged in the overseas cooperation of Chinese enterprises, and a pattern of diversified investors has basically taken shape.
