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China Archive
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Peak oil in Asia Update June 2020 (part 2)
Posted on July 15, 2020 | No CommentsContinued from part 1 But there is another metric explaining China’s oil consumption growth: debt. The following graph is from an article by the Institute of International Finance in its […] -
Peak oil in Asia Update June 2020 (part 1)
Posted on June 30, 2020 | No CommentsFig 1: Asian oil consumption is around 5 times higher than production The production decline after the peak in 2015 is very modest. The size of the gap between consumption […] -
Peak oil in Asia: where will the oil come from for the Asian Century?
Posted on September 10, 2019 | No CommentsAsian oil production peaked above 8 mb/d for the period between 2008 and 2016 (with spikes in 2010 and 2015). The 2015 peak was mainly caused by peak oil in […] -
Australian Fuel Security Review ignores peak oil in China 2015 (part 2)
Posted on April 30, 2019 | No CommentsComing back to the 2019 Liquid Security Review https://www.environment.gov.au/energy/liquid-fuel-security-review-consultation Figures 9-11 in part 1 show how dependent Australia has become on fuel imports from South Korea and Japan, even China. […] -
What happened to crude oil production after the first peak in 2005?
Posted on September 18, 2018 | No CommentsThe IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What […] -
Peak oil in China and the Asia Pacific (part 2)
Posted on August 12, 2018 | No CommentsSouth China Sea: ‘Leave immediately and keep far off’ Fig 1: U.S. Navy P-8A Poseidon reconnaissance plane overflying disputed Spratly islands 11/8/2018 https://www.youtube.com/watch?v=dodbqgKn8js https://www.bbc.co.uk/news/av/world-asia-45152525/south-china-sea-leave-immediately-and-keep-far-off Fig 2: Subi reef location in […] -
Peak oil in Asia Pacific (part 1)
Posted on June 18, 2018 | No CommentsThis post uses data released by the BP Statistical Review in June 2018 https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html Oil production seems to have left its bumpy 6 year long (2010-2015) plateau of 8.4 mb/d […] -
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth
Posted on November 4, 2017 | No CommentsAt this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://www.internationalaffairs.org.au/news-item/australia-todays-world/ John Howard was happy to report […] -
Asia Pacific oil supply gap widening as China production drops
Posted on June 19, 2017 | No CommentsThe annual BP Statistical Review with data up to and including 2016 was published last week. In this post we have a look at oil statistics for Asia – Pacific. […] -
South Korea’s oil trade under threat
Posted on April 29, 2017 | No CommentsIn 2010 the China Sign Post blog published an article entitled “Playing with fire. Potential impact of a North Korean threat to South Korean oil refineries”, showing following map: Fig […]
![Peak oil in Asia Update June 2020 (part 2) Continued from part 1 But there is another metric explaining China’s oil consumption growth: debt. The following graph is from an article by the Institute of International Finance in its […]](http://crudeoilpeak.info/wp-content/uploads/China_oil-consumption-debt_2000-18-115x115.jpg)
![Peak oil in Asia Update June 2020 (part 1) Fig 1: Asian oil consumption is around 5 times higher than production The production decline after the peak in 2015 is very modest. The size of the gap between consumption […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_consumption_1965-2019_fill_in-2039-115x115.jpg)
![Peak oil in Asia: where will the oil come from for the Asian Century? Asian oil production peaked above 8 mb/d for the period between 2008 and 2016 (with spikes in 2010 and 2015). The 2015 peak was mainly caused by peak oil in […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_consumption_2005-2018_fill_in-2038-115x115.jpg)
![Australian Fuel Security Review ignores peak oil in China 2015 (part 2) Coming back to the 2019 Liquid Security Review https://www.environment.gov.au/energy/liquid-fuel-security-review-consultation Figures 9-11 in part 1 show how dependent Australia has become on fuel imports from South Korea and Japan, even China. […]](http://crudeoilpeak.info/wp-content/uploads/China_crude_Production_imports_2002_Dec2018-115x115.jpg)
![What happened to crude oil production after the first peak in 2005? The IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What […]](http://crudeoilpeak.info/wp-content/uploads/World_crude_production_1994-May2018-1-115x115.jpg)
![Peak oil in China and the Asia Pacific (part 2) South China Sea: ‘Leave immediately and keep far off’ Fig 1: U.S. Navy P-8A Poseidon reconnaissance plane overflying disputed Spratly islands 11/8/2018 https://www.youtube.com/watch?v=dodbqgKn8js https://www.bbc.co.uk/news/av/world-asia-45152525/south-china-sea-leave-immediately-and-keep-far-off Fig 2: Subi reef location in […]](http://crudeoilpeak.info/wp-content/uploads/US-Poseidon-over-Zhubi-Reef_Aug2018-115x115.jpg)
![Peak oil in Asia Pacific (part 1) This post uses data released by the BP Statistical Review in June 2018 https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html Oil production seems to have left its bumpy 6 year long (2010-2015) plateau of 8.4 mb/d […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_1965-2017-115x115.jpg)
![Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth At this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://www.internationalaffairs.org.au/news-item/australia-todays-world/ John Howard was happy to report […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_consumption_2005-2016_fill_in-2036-115x115.jpg)
![Asia Pacific oil supply gap widening as China production drops The annual BP Statistical Review with data up to and including 2016 was published last week. In this post we have a look at oil statistics for Asia – Pacific. […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_1965-2016-115x115.jpg)
![South Korea’s oil trade under threat In 2010 the China Sign Post blog published an article entitled “Playing with fire. Potential impact of a North Korean threat to South Korean oil refineries”, showing following map: Fig […]](http://crudeoilpeak.info/wp-content/uploads/North-Korea-threat-to-refineries_June-2010-115x115.jpg)