 | Oil Wars: Chinese Corp. pt.4/5 China National Petroleum Corporation (CNPC), can be traced from the beginning as a governmental department of the PRC government. In 1949, the Chinese government formed a Fuel Industry Ministry dedicated to the management of fuel. In January 1952 a sub department of the fuel ministry was formed to manage petroleum exploration and mining, it was called the Chief Petroleum Administration Bureau. In July 1955 a new ministry was created to replace the Fuel Industry Ministry, it was called the Ministry of Petroleum. From 1955 to 1969, approximately 4 oil fields were found in 4 areas in Qinghai, Heilongjiang (Daqing oilfield), Bohai Bay and Songliao basin. CNPC was finally created in 17 September 1988 when the government decided to disband the Ministry of Petroleum and created a state owned company to handle all Petroleum activities in China. 1993 marks the beginning of CNPC international operation. CNPC sign a service contract with the government of Peru to manage the Talara oilfield. It was followed by an oil contract with the government of Sudan to manage Block 1/2/4 in the Muglad oilfield. Then in June 1997 the company bought a 60.3% stake in the Aktobe Oil Company of Kazakhstan, the next month CNPC won an oil contract for the Intercampo oilfield and East Caracoles oilfield in Venezuela. Further In July 1998, the company was restructurized by the government in accordance with the upstream and downstream principle of oil industry. On 5 November 2007, CNPC was listed as A share in the Shanghai Stock Exchange. |
 | Africa: America's Next Oil Target (1/5) As world oil reserves decline, the US and other world powers are competing for African oil. US energy and foreign policies have now merged: they militarize choke points and oil-producing countries that can be loyal to the US. Currently [2005], 14% of US oil comes from Africa, while experts predict that America's own national oil supply will run out in eight years. Thus securing an energy supply is a top strategic priority in an oil-hungry world, which explains the sudden interest from America, Europe, China and Japan for Africa. Under the guise of the wars against 'terror' and 'poverty' the US is setting up military bases in West Africa and planning for a possible conflict with Europe and China. Year of production: 2005 *content shortened from 43 min to 38 min* |
 | China quake lake gets shelled by PLA PLA Soldiers have fired shells at rocks to speed the drainage of a lake in China formed by May's earthquake. Mark Worthington reports. Original video: http://news.bbc.co.uk/2/hi/asia-pacific/7443568.stm |
 | Oil Wars: The Kingdom pt.1/14 ...You've got to pass the propaganda, but its' an excellent documentary on Saudi Arabia. Looks at the founder of the Saudi monarchy, the struggle for power, influence of Wahab's teachings on Saudi mindset as well as Saudi Arabia's troubling relationship with radicalism and terrorism. House of Bush, House of Saud: The Secret Relationship Between the World's Two Most Powerful Dynasties is a 2004 book by Craig Unger that explores the relationship between the Saudi Royal Family and the Bush extended political family. Unger asserts that the groundwork for today's terrorist movements and the modern wars that have sprung up about them was unintentionally laid more than 30 years ago with a series of business deals between the ruling Saudis and the powerful Bush family. The Saudis received investments and military protection in exchange for cooperation on lucrative oil deals. The author claims that the result has been a shady alliance between "the world's two most powerful dynasties." Unger writes, "Never before has an American president been so closely tied to a foreign power that harbors and supports our country's mortal enemies. The House of Saud (آل سعود transliteration: Āl Suʿūd) is the Sunni Muslim royal family of the Kingdom of Saudi Arabia. The modern nation of Saudi Arabia was established in 1932, though the roots and influence for the House of Saud had been planted in the Arabian Peninsula several centuries earlier. Prior to the era of the Kingdom's founder, Abdul-Aziz ibn Saud, the family had ruled the Nejd and had conflicted on several occasions with the Ottoman Empire, the Sharif of Mecca, and the Al Rashid family of Ha'il. The House of Saud has gone through three phases: the First Saudi State, the Second Saudi State, and the modern nation of Saudi Arabia. The history of the Al Saud has been marked by a desire to unify the Arabian Peninsula and to spread what it promotes as a more purified and simple, though often criticized as less tolerant, view of Islam embodied by Wahhabism which has gained international controversy since the events of 9/11. The House of Saud is also linked with Wahhabism (Saudis deprecate the term, preferring the term Salafism) through the marriage of the son of Muhammad ibn Saud with the daughter of Muhammad Abd al Wahhab in 1744. Though some have put the family's numbers as high as 25,000,[1] most estimates place their numbers in the region of 7,000,[2] with most power and influence being wielded by the 200 or so descendants of King Abdul Aziz. The current head of the Al Saud and ruler of Saudi Arabia is King Abdullah bin Abdul Aziz who announced, on 20 October 2006, the creation of a committee of princes to vote on the viability of kings and the candidature of nominated crown princes - in effect, clarifying and further defining the Al Saud's line of succession process. The committee, to be known as the Bay'ah Council, or Allegiance Commission, would include all the sons and some grandsons of the late King Abdul-Aziz who would vote for one of three princes nominated by the king as Heirs Apparent. In the event that either the sitting king or the crown prince were deemed unfit to rule, a five-member transitory council, appointed by the Council, would be empowered to run state affairs for a maximum of one week, before naming a successor. The intent is to prevent a situation as was the case with the late King Fahd, who after multiple strokes beginning in 1995, remained on the throne for 10 years, most of them without the faculties to rule. |
 | Chinese People's Liberation Army From the earthquake-stricken area from the People's Liberation Army 10,000 people in tears greet returning heroes |
 | future war for oil this is a scientific prediction for the end of civilization in 2012. again, the west will say this is a war of ideology between communism and capitalism, freedom and democracy, etc. and all those craps. but in reality, it is nothing but war for oil. |
 | Peak Oil - Last Oil Shock - Part 2 Peak Oil is here. The current energy crisis is here to stay and will go from bad to worse. Art Bell interviews Matt Savinar (June 2007) |
 | Alberta Sudanese Youth Ent. Sudanese Youth Entertainment in Alberta...presented By Your Boy Tutty Fruitty |
 | Oil Wars: The Kingdom pt.14/14 ..You've got to pass the propaganda, but its' an excellent documentary on Saudi Arabia. Looks at the founder of the Saudi monarchy, the struggle for power, influence of Wahab's teachings on Saudi mindset as well as Saudi Arabia's troubling relationship with radicalism and terrorism. House of Bush, House of Saud: The Secret Relationship Between the World's Two Most Powerful Dynasties is a 2004 book by Craig Unger that explores the relationship between the Saudi Royal Family and the Bush extended political family. Unger asserts that the groundwork for today's terrorist movements and the modern wars that have sprung up about them was unintentionally laid more than 30 years ago with a series of business deals between the ruling Saudis and the powerful Bush family. The Saudis received investments and military protection in exchange for cooperation on lucrative oil deals. The author claims that the result has been a shady alliance between "the world's two most powerful dynasties." Unger writes, "Never before has an American president been so closely tied to a foreign power that harbors and supports our country's mortal enemies. The House of Saud (آل سعود transliteration: Āl Suʿūd) is the Sunni Muslim royal family of the Kingdom of Saudi Arabia. The modern nation of Saudi Arabia was established in 1932, though the roots and influence for the House of Saud had been planted in the Arabian Peninsula several centuries earlier. Prior to the era of the Kingdom's founder, Abdul-Aziz ibn Saud, the family had ruled the Nejd and had conflicted on several occasions with the Ottoman Empire, the Sharif of Mecca, and the Al Rashid family of Ha'il. The House of Saud has gone through three phases: the First Saudi State, the Second Saudi State, and the modern nation of Saudi Arabia. The history of the Al Saud has been marked by a desire to unify the Arabian Peninsula and to spread what it promotes as a more purified and simple, though often criticized as less tolerant, view of Islam embodied by Wahhabism which has gained international controversy since the events of 9/11. The House of Saud is also linked with Wahhabism (Saudis deprecate the term, preferring the term Salafism) through the marriage of the son of Muhammad ibn Saud with the daughter of Muhammad Abd al Wahhab in 1744. Though some have put the family's numbers as high as 25,000,[1] most estimates place their numbers in the region of 7,000,[2] with most power and influence being wielded by the 200 or so descendants of King Abdul Aziz. The current head of the Al Saud and ruler of Saudi Arabia is King Abdullah bin Abdul Aziz who announced, on 20 October 2006, the creation of a committee of princes to vote on the viability of kings and the candidature of nominated crown princes - in effect, clarifying and further defining the Al Saud's line of succession process. The committee, to be known as the Bay'ah Council, or Allegiance Commission, would include all the sons and some grandsons of the late King Abdul-Aziz who would vote for one of three princes nominated by the king as Heirs Apparent. In the event that either the sitting king or the crown prince were deemed unfit to rule, a five-member transitory council, appointed by the Council, would be empowered to run state affairs for a maximum of one week, before naming a successor. The intent is to prevent a situation as was the case with the late King Fahd, who after multiple strokes beginning in 1995, remained on the throne for 10 years, most of them without the faculties to rule. |
 | Oil Wars: Chinese Corp. pt.1/5 Current situation and future plans: China's oil relationship with other countries has shifted from a world exporter to a world importer. This shift to dependence on foreign oil has changed the exploration and acquisition policies of China. China's oil need overwhelms its internal capabilities. Oil acquisition is now a process of investment in foreign lands and a creation of an internal oil reserve in case of emergency. China has taken steps to alter its security polices in places in the world that are rich in oil. China National Petroleum Corporation is invested in producing, marketing, and supplying oil in China. This company supports internal sources of oil production and reserves. Domestic oil production supplies only two thirds of the countries oil needs and it is estimated that China will require 600 million tons of crude oil by 2020. This statistic is horrifying considering that most of the oil fields in the world are already claimed. It is a statistic that has required China to take drastic measures with its internal oil reserve programs. A purely importation driven oil plan would leave China vulnerable to market fluctuations and more susceptible to international oil conflicts due to their dependence. To combat this dangerous position of foreign dependence China is investing in its first national oil reserve bases a program beginning in 2004. There are three different providences that they are focusing on. The first Zhoushan, Zhejiang Province, was build by Sinopec, China's largest oil refining company. The storage space is 5.2 million cubic meters says the National Development and Reform Commission. Zhejiang was originally a commercial oil transfer base. Its costal position makes it convenient and at the same time vulnerable to offshore violence. The next reserve of interest In Huangdao or Qingdao, Shangdong Province and the final Dalian, Liaoning Province. All of these reserves are costal and with their creation comes an analysis of how vulnerable they are to Eastern Asian countries possible attacks. These stock piling strategies as well as international acquisition companies are state run companies to combat supply disruption. In 1993 after China became a net importer of oil. It was presented that these stockpiling sites would be filled with domestic oil yet this assumption has not been yet fulfilled these stock piles of acquired oil are attempting to create a reserve for 90 days of oil. As well as an emphasis on defensive oil stocks, there is a huge push in attempting to create an offensive oil acquisition program an offshore oil drilling rig was approved by all levels of the Chinese government. Liuhua 11-1 is the largest oil field in the South China Sea. Amco and Nanhai East engineering teams experimented with finding an off shore drilling technique, a floating production system that would have drilling and production support. This is the security break through that China would highly value to protect them from market fluctuations and their dependence on imports. The FPSO (floating production, storage and off-loading system) has equipment capable of handling 65,000 bbl of oil and 300,000 bbl of total fluids per day and it would be loaded and shipped by shuttle tankers. Experimental possibilities like drilling in the South China sea exemplify the independent capabilities that China is reaching for its oil production and acquisition projects. |
العربية
中国
Français
Deutsch
Ελληνική
हिन्दी
Italiano
日本語
Português
Русский
Español
