Energy Journal Roundup: April 2009

Oil and Energy Trends – China looks for more oil

The growing share of imports in China’s oil balance is a source of increasing concern to policy-makers in Peking. The government’s response has been to try and secure as much crude oil as possible from foreign suppliers under long-term contract arrangements. To this end, it has concluded several deals: often on a government-to-government basis…Two of the latest deals have involved loans totalling $37 bn to Venezuela and Russia.
TOD