Although CNPC’s first overseas investments in the early 1990s were in North and South America (Canada and Peru), these continents have not been prime targets for China’s national oil companies (NOCs).  Rather, the companies have been directing their attention to Central Asia, the Middle East and Africa. The period since May 2009 has seen a … Continue Reading ››

The last two years has seen an accelerating realisation around the world of the significance of the development of large reserves of shale gas in the U.S.A. The domestic gas market in the country has been transformed, at least in the short-term, as has the Atlantic market for liquefied natural gas. The waves from this … Continue Reading ››