In the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis which permanently…
Tag: China offshore
China’s offshore CNOOC started to peak in 2010
The China National Offshore Oil Corporation (CNOOC) is the largest producer of offshore oil and gas in China. Production statistics should therefore be pretty much indicative of what is happening along China’s…