The flight of the dragon: Increasingly cramped in its nest, the Chinese dragon spreads its wings
excerpts:
Thirsty for petroleum and other raw materials needed to keep its flame alight, the Chinese dragon is seeking to enlarge its hunting territory and its influence.
According to Wenran Jiang of the University of Alberta, the other great powers should think [...]
Who’s profitting?
This rise in oil prices is providential to oil producing countries such as Canada which is a net oil exporter.
The economist Pierre Fortin remarked that [...] when the oil crisis starts to truly harm the rest of the country, the pressure in favour of federal intervention to dampen the fiscal unbalance [betwen Alberta and [...]
Husky Energy returns to the South China Sea
Chinese national company CNOOC signs agreement with Alberta-based Husky Energy to drill in the South China Sea. Husky has proven experience in similar drilling environments at White Rose off the Newfoundland/Labrador coast.
Canada’s Oil: A Source of Prosperity or a Cause of Instability
A surge in a nation’s petro-wealth often has unexpected negative effects. Owing to Alberta’s huge hydrocarbon reserves, Canada could soon be faced with an array of social, economic and political problems. A comparison with Holland’s “dutch disease” may not be out of line. Albertans have [...]
Total says its ready to invest $10 billion to exploit Canada’s heavy crude oil.
article – Le Monde (payment required)
Everything for Alberta, Nothing for the Others?
Albertans are already 50% richer than the average Canadian. Yet their petroleum production causes 40% of Canada’s greenhouse gases. Without Ottawa’s intervention, the future of the country is threatened.
The Summer of Oil Agitation: China's Insatiable Appetite
This article from Le Monde examines the causal connection between the 2002 worker strikes in Daqing (Heilongjiang Province) following PetroChina's listing on Wall Street and the dire oil shortages in Guangzhou/Canton (Guangdong Province) in 2005.
China's oil industry is caught between the baroque control of the Communist [...]
Alberta’s Premier leads a Mission to China and South Korea
