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Category Archives: English Articles

Canada’s oilfield manufacturers face a huge challenger

Mike Byfield’s article in the Oil & Gas Inquirer (February 15, 2010) is a keen reminder of the severe challenge that Chinese oilfield manufacturers pose to the incumbents in North America. The big question remains whether or not North America’s advantage in research and development can manage to compensate for China’s huge (yet slowly shrinking) [...]

The Economic Downturn and China’s Rise

From the perspective of Chicago during the Gilded Age of the robber barons, economist Thorstein Veblen wrote in The Theory of Business Enterprise that business cycles were the result of manipulation and not natural market processes. This peculiar but very influential conjecture was predicated on the belief in the “machine” as paradigmatic for the modern [...]

China trade mission ‘eye-opening’

加拿大西北地区贸易访问团在中国惊奇不已
YELLOWKNIFE – Two months after a historic trade mission to China, NWT delegates are rife with memories – and are still scrambling to put together a report.
“It was a bit of an eye-opener for us,” said Robin Wotherspoon, president of NWT Tourism and one of the delegates on the 10-day trip.
The $160,000 visit was a [...]

New Money, Old Assets: Asian energy companies are looking for diversification in an unlikely place: U.S. oil fields that are often nearly tapped out

European energy companies have grabbed the headlines recently with mega-deals for Gulf of Mexico oil and gas projects, but Asian energy companies are quietly expanding their presence in the U.S. The deals may be smaller, but carry an outsized importance for resource-starved countries like Japan and Korea, which are picking up mostly older oil and [...]

Canada’s Chinese exports surge: China’s voracious appetite for natural resources drives 43% export jump, the G-7’s top growth rate

加拿大中国输出激增
Canada’s Chinese exports surge: China’s voracious appetite for natural resources drives 43% export jump, the G-7’s top growth rate
Canada’s exports to China may have “surged” during the first part of this year, but critics say Canadian trade with the Asian giant remains “pitifully” low and more must be done to diversify exports away from the [...]

Riding the Dragon: Canada-China trade surges in ‘07

中加贸易2007年激增
OTTAWA — The rate of Canadian exports to China surpassed that of any other G7 country, and this year put China neck-and-neck with Japan as Canada’s third largest export market.
According to a recent report by Stats Canada in the Canadian Economic Observer, Canada’s exports to China surged 43 percent in 2007 from the same period [...]

Chinese-language “Canada Oil” magazine to be launched by Calgary company

卡尔加利媒体公司创造中文石油杂志《加拿大石油》
PRESS RELEASE
SkinnyFish Media announces historic launch of Chinese-language oil magazine
CALGARY, AB – SkinnyFish Media Inc., publishers of Alberta Oil magazine, has become the first Canadian company to launch a commercial, Chinese-language publication in the People’s Republic of China. In partnership with Chinese Petroleum & Chemical Industry Magazine Co. (CPCI), Canada Oil will provide Canadian-based oil [...]

Environmental technology the next boom:Alberta has a golden opportunity to become a world leader and exporter in this area

环保科技会带来下次的商业景气:阿省有机会变成全球领导
Sydney Sharpe
Special to The Edmonton Journal
Monday, November 05, 2007
Despite our provincial wealth, Alberta often seems beset by the turmoil American historian William Leuchtenburg famously labeled as “the perils of prosperity.”
The many challenges of growth, from homelessness to environmental degradation, sometimes make wealth seem more a burden than a blessing.
We fret that it will all end [...]

加拿大艾伯塔省将提高油砂矿区使用费

The Canadian Province of Alberta will raise royalties on oilsands production
(English text below)
位于加拿大西部的艾伯塔省将提高能源企业在该省开采油砂的矿区使用费。石油行业警告说,此举可能会减缓对这种日益重要的石油资源的开发。
艾 伯塔省省长艾德•斯特默(Ed Stelmach)称,他决定将政府在开采收入中的提成比例由原来的47%提高到56%至66%(包括所有联邦及省政府税收和使用费),具体取决于石油的 价格。斯特默说,他认为这不是贪婪,而是合理的做法,一方面可确保能源投资能够继续下去,一方面又能使当地居民从公共资源中获得合理补偿。
目 前,石油行业希望能在加拿大开采出更多石油,提供给美国的炼油厂,生产出更多汽油。目前,每天从该省油砂中开采出来的石油略多于110万桶,约占全球石油 产量的1.3%。曾有人预计到2015年前,这里的石油产量将达到300万桶,为了能够处理更多的加拿大原油,炼油厂已经投入了数十亿美元对设备进行升级 改造。

TOURISM: Associate Minister Ady in China to sell Alberta

阿省省议员Ady在中国促进阿省旅游业
(AlbertaIndex, November 5, Monday) — Tourism Promotion Associate Minister Cindy Ady met with Chinese tourism industry and media contacts during the China International Travel Mart (CITM) in Kunming in Yunnan province last week.
Held from October 31 to November 3, CITM has become the largest and most influential annual tourism industry event in Asia and draws [...]