China’s National Oil Companies Investing in North American Unconventional Oil and Gas Assets for Energy Security
Summary
China’s National Oil Companies (NOCs) have been increasing investments in unconventional oil and gas projects in the US and Canada since 2009. So far, China’s NOCs have made a total investment of about $12.4 billion in North America’s unconventional oil and gas projects. The investments are driven by China’s will to gain energy security amidst its increasing dependence on oil and gas imports. Besides this, Chinese companies are also striving to gain the technology needed to develop their domestic unconventional oil and gas resources.
Scope
Reasons to buy
Summary
China’s National Oil Companies (NOCs) have been increasing investments in unconventional oil and gas projects in the US and Canada since 2009. So far, China’s NOCs have made a total investment of about $12.4 billion in North America’s unconventional oil and gas projects. The investments are driven by China’s will to gain energy security amidst its increasing dependence on oil and gas imports. Besides this, Chinese companies are also striving to gain the technology needed to develop their domestic unconventional oil and gas resources.
Scope
- The report highlights the trend of increasing investments by China's NOCS in unconventional oil and gas assets in North America.
- The reoirt provides analysis of China's interests in increasing investments in unconventional oil and gas projects in North America.
- The report highlights securing oil supplies and technological expertise to develop domestic unconventional oil and gas resources are the key drivers for China's investments in North American oil and gas projects.
Reasons to buy
- To gain understanding of China's increasing investments in unconventional oil and gas assets overseas - the new step in China's multipronged approach for energy security.
- To keep abreast of key drivers for China to make investments in North America's unconventional oil and gas projects.
- To be aware of Canada's interest in allowing China's NOCs to make investments in oil sands projects.
1 TABLE OF CONTENTS
1.1 List of Tables
1.2 List of Figures
2 SUMMARY
3 CHINA’S NATIONAL OIL COMPANIES INVESTING IN NORTH AMERICAN UNCONVENTIONAL OIL AND GAS ASSETS FOR ENERGY SECURITY
3.1 Unconventional Oil and Gas Assets are the Primary Targets for China’s Investments in North America
3.2 Energy Security is the Key Driver for China’s investments in Unconventional Resources in North America
4 APPENDIX
4.1 Methodology
4.2 Contact Us
4.3 Disclaimer
LIST OF TABLES
Table 1: Major Acquisitions of Chinese Oil and Gas Companies in North America, 2009–2011 (October)
LIST OF FIGURES
Figure 1: Oil and Gas, China, Comparison of Consumption and Imports, MMboe, 2006–2011 (estimated)
1.1 List of Tables
1.2 List of Figures
2 SUMMARY
3 CHINA’S NATIONAL OIL COMPANIES INVESTING IN NORTH AMERICAN UNCONVENTIONAL OIL AND GAS ASSETS FOR ENERGY SECURITY
3.1 Unconventional Oil and Gas Assets are the Primary Targets for China’s Investments in North America
3.2 Energy Security is the Key Driver for China’s investments in Unconventional Resources in North America
4 APPENDIX
4.1 Methodology
4.2 Contact Us
4.3 Disclaimer
LIST OF TABLES
Table 1: Major Acquisitions of Chinese Oil and Gas Companies in North America, 2009–2011 (October)
LIST OF FIGURES
Figure 1: Oil and Gas, China, Comparison of Consumption and Imports, MMboe, 2006–2011 (estimated)