Swire Group is a Hong Kong- and London-based British conglomerate. Many of its core businesses can be found within the Asia Pacific region, where traditionally Swire's operations have centred on Hong Kong and mainland China. Within Asia, Swire's activities come under the group's publicly quoted arm, Swire Pacific Limited. Elsewhere in the world, many businesses are held directly by the parent company, John Swire & Sons Limited, in Australia, Papua New Guinea, East Africa, Sri Lanka, the US and UK. Swire controls a large property empire in Asia – mainly Hong Kong. The current chairman is Barnaby Swire. Taikoo meaning Archean, is the Chinese name of Swire. It serves as the brand name for businesses such as Taikoo Sugar and Taikoo Shing.
The Rumaila oil field is a super-giant oil field located in southern Iraq, approximately 20 mi (32 km) from the Kuwaiti border. Discovered in 1953 by the Basrah Petroleum Company (BPC), an associate company of the Iraq Petroleum Company (IPC), the field is estimated to contain 17 billion barrels, which accounts for 12% of Iraq's oil reserves estimated at 143.1 billion barrels. Rumaila is said to be the largest oilfield ever discovered in Iraq and is considered the third largest oil field in the world.
PetroChina Company Limited is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer and was China's second biggest oil producer in 2006. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007, and subsequently entered the constituent of SSE 50 Index. In the 2020 Forbes Global 2000, PetroChina was ranked as the 32nd-largest public company in the world.
China Petroleum & Chemical Corporation (中国石油化工股份有限公司) or Sinopec, is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai and New York.
CNOOC Limited (中国海洋石油有限公司) is China's largest producer of offshore crude oil and natural gas, noted as such in 2010. It is a major subsidiary of China National Offshore Oil Corporation (CNOOC) and has been listed in Hong Kong SEHK: 883 since February 2001. It was listed on the New York Stock Exchange from 2001 to 2021. It was on the Toronto Stock Exchange between 2013 and 2021. It was admitted as a constituent stock of the Hang Seng Index in July 2001.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2020 Fortune Global 500, a global ranking of the largest corporations by revenue.
The Kazakhstan–China oil pipeline is China's first direct oil import pipeline allowing oil import from Central Asia. It runs from Kazakhstan's Caspian shore to Xinjiang in China. The pipeline is owned by the China National Petroleum Corporation (CNPC) and the Kazakh oil company KazMunayGas.
The Central Asia–China gas pipeline is a natural gas pipeline system from Central Asia to Xinjiang in the People's Republic of China. By connecting Turkmenistan to China’s domestic grid, this pipeline makes it possible to transport gas some 7000 km from Turkmenistan to Shanghai. More than half of Turkmen natural gas exports are delivered to China through the pipeline.
Ensuring adequate energy supply to sustain economic growth has been a core concern of the Chinese government since 1949. The country is the world's largest emitter of greenhouse gases, and coal in China is a major cause of global warming. However, from 2010 to 2015 China reduced energy consumption per unit of GDP by 18%, and CO2 emissions per unit of GDP by 20%. On a per-capita basis, it was the world's 51st largest emitter of greenhouse gases in 2016.
Mongolia Energy Corporation Limited is a mining and energy development holding company operating in Mongolia and Xinjiang in northwestern China. It was incorporated in Bermuda and listed on the Hong Kong Stock Exchange. MEC became a constituent to the MSCI Hong Kong Index from June 2008.
China Petrochemical Corporation or Sinopec Group is the world's largest oil refining, gas and petrochemical conglomerate, administered by SASAC for the State Council of the People's Republic of China. It is headquartered at Chaoyangmenwai in Beijing, across the road from the headquarters of fellow state-owned oil company and competitor CNOOC Group.
Shaanxi Yanchang Petroleum Group is a Chinese conglomerate mainly engaged in the exploration, production, transportation, and sale of petroleum and natural gas, and in addition the production and sales of petrochemical products. Founded in 1905, it is the fourth largest oil producer in the country. Almost all its reserves and refineries are located in Shaanxi.
Jiang Jiemin is a former Chinese oil executive and senior Communist Party and economic official. He was the general manager and then chairman of the China National Petroleum Corporation (CNPC), before being appointed the director of the State-owned Assets Supervision and Administration Commission (SASAC) in March 2013. He was also a member of the 18th Central Committee of the Chinese Communist Party.
Iran is an energy superpower and the petroleum industry in Iran plays an important part in it. In 2004, Iran produced 5.1 percent of the world's total crude oil, which generated revenues of US$25 billion to US$30 billion and was the country's primary source of foreign currency. At 2006 levels of production, oil proceeds represented about 18.7% of gross domestic product (GDP). However, the importance of the hydrocarbon sector to Iran's economy has been far greater. The oil and gas industry has been the engine of economic growth, directly affecting public development projects, the government's annual budget, and most foreign exchange sources.
China National Offshore Oil Corporation, or CNOOC Group, is one of the largest national oil companies in China. It is the third-largest national oil company in the People's Republic of China, after CNPC and China Petrochemical Corporation. The CNOOC Group focuses on the exploitation, exploration and development of crude oil and natural gas in offshore China, along with its subsidiary COOEC.
China–Russia relations, also known as Sino–Russian relations, refers to international relations between the People's Republic of China and the Russian Federation. Diplomatic relations between China and Russia improved after the dissolution of the Soviet Union and the establishment of the Russian Federation in 1991. American scholar Joseph Nye states:
With the collapse of the Soviet Union, that de facto US-China alliance ended, and a China–Russia rapprochement began. In 1992, the two countries declared that they were pursuing a "constructive partnership"; in 1996, they progressed toward a "strategic partnership"; and in 2001, they signed a treaty of "friendship and cooperation."
Primary energy use in 2009 in Iraq was 374 TWh and 13 TWh per million persons.
Energy in Hong Kong refers to the type of energy and its related infrastructure used in Hong Kong. Energy is crucial for the development of trade and industries in Hong Kong with its relatively small usable land. Hong Kong mostly imports its energy from outside or produces it through some intermediate process.
Li Hualin is a Chinese oil and gas executive, and former deputy general manager of China National Petroleum Corporation and PetroChina. Li has over 30 years of experience in the oil and gas industry in China. He spent 25 years in state-owned China National Petroleum Corporation, having worked in the United States, Canada, and Kazakhstan. He also at one point served as Zhou Yongkang's secretary.
