TITLE

The East is ready for big oil imports, says BP

PUB. DATE
May 2005
SOURCE
Professional Engineering;5/11/2005, Vol. 18 Issue 9, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the escalating oil imports in Far East nations. China alone accounted for around 30% of global oil demand in 2004. With its rapidly growing economy, China will be one of four regions--with Japan, the U.S. and Europe--importing the most oil and gas. Even developing its own resources and diversifying energy supplies, China has little option but to import a lot of oil. These developments will positively impact both importation of energy and the environment. China will increasingly be at the forefront of international partnerships to develop and commercialize new technologies.
ACCESSION #
17085283

 

Related Articles

  • Double Boost For Energy Plans.  // Africa Monitor: North Africa Monitor;Jun2005, Vol. 10 Issue 6, p6 

    The article reports that after a series of delays and false starts, there are signs of renewed haste in Libya's energy sector. The sealing in early May 2005 of a major integrated gas deal with supermajor Royal Dutch/Shell Group coincided with an invitation to international oil companies to...

  • Country Risk Summary: SAUDI ARABIA.  // Middle East Monitor: The Gulf;May2004, Vol. 14 Issue 5, p2 

    Militant violence is continuing and this is unlikely to end in the short term. In mid-April 2004 militants killed four Saudi Arabia policemen at a checkpoint near Riyadh. Earlier in April, one of the Kingdom's most wanted al-Qaeda members, Abdul Aziz Buqrin, called on Muslims to kill US citizens...

  • What happens when the oil is gone? Cook, C. Sharp // Bulletin of the Atomic Scientists;Jun1975, Vol. 31 Issue 6, p7 

    The article reflects on the world supply of oil as of 1975. It believes that the price increase of oil, which was started in 1973 by the oil-exporting countries, is exorbitant. It argues that the Persian Gulf countries that export oil do not need all the money they gained from selling oil. It...

  • One Hundred Years Of Energy. Dunham, Archie W. // Vital Speeches of the Day;6/15/2004, Vol. 70 Issue 17, p523 

    Presents an address by Archie W. Dunham, chairman of ConocoPhillips, delivered during an executive management briefing at the Oklahoma State University in Tulsa on April 28, 2004. Expectations on the future of the U.S. energy industry; Challenges faced by the energy industry; Projection on the...

  • OIL MARKET OUTLOOK.  // Middle East Monitor: The Gulf;May2004, Vol. 14 Issue 5, p1 

    Although falling oil demand as a result of the end of the northern hemisphere winter will result in some stock build in Q2, OPEC's decision to implement the agreed 1mn b/d cut from April 2004 should keep reserves tight and minimise the downward impact on prices. Furthermore, as demand is set to...

  • A changing relationship. Ford, Neil // Middle East;Oct2004, Issue 349, p42 

    This article focuses on the business of oil production. In Syria, declining oil production and the transformation of the country into a net oil importer look set to have a lasting effect on the national economy. Syria's oil export figures have been complicated by the fact that illegal Iraqi...

  • Britain's dependency on gas imports starts. Milne, Roger // Utility Week;4/1/2004, Vol. 21 Issue 14, p3 

    Reports on the dependency of Great Britain on gas imports, according to data from the Department of Trade and Industry published in 2004. Percentage of increase in gas imports in 2003; Countries with which Great Britain has agreement on gas import and export.

  • Regional Energy Market Overview.  // Brazil Oil & Gas Report;Q2 2011, Issue 2, p23 

    The article presents an overview of the energy market in Latin America in the second quarter of 2011. It says that Latin America plays a vital role in the oil production worldwide due to the substantial offshore supply growth of Brazil as well as the reserves and production potential of Mexico...

  • Section 10. International Energy.  // Monthly Energy Review;Aug99, p129 

    Presents statistics on international energy resources for 1999. Crude oil production in May; Petroleum stocks and consumption in March; Nuclear electricity generation in May.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics