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 the South…
Category: China
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 and is…
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 that Chinese…
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. China’s oil…
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 1: Range…
China’s oil peak 45 years after the US peak
Fig 1: Oil crisis in China like in 2005? No. By order: Free roads for G20 in Hangzhou https://www.theguardian.com/world/2016/aug/31/china-hangzhou-propaganda-facelift-g20-summit Strategically published only days before the G20 summit the Wall Street Journal had…
Peak Oil in Asia (part 1)
According to data recently published in BP’s 2016 Statistical Review Asian oil production remained at around 8.3 mb/d for 4 years now. Fig 1: Asian oil production We see the dominance of…
Peak oil in the South China Sea (part 1)
The recent deployment of missile launchers and jet fighters on Woody Island of the Paracel islands have put the spotlight on the South China Sea (SCS). Fig 1: The 200 mile Economic Exclusion Zone…
Asia depends on Middle East for 66 % of its oil imports
This post uses data from the inter area oil movement section of the BP Statistical Review published in June 2015. It is a continuation of an earlier post on Asian oil consumption…
Asia’s oil consumption at record high while production peaked in 2010
The annual BP Statistical Review has come out, as usual in June. In this post we focus on the Asia Pacific region. This is important because the Australian government has offered the…