Chin The Second Largest Oil

Canadian National Railway is a company that is a part of the transportation rail industry. It transports a variety of goods around Canada and the United States. After thoroughly analyzing the annual report for 2015, it is evident that CN is doing well and has been for the past years. This report includes the historic success of CN, comparison to industry and competing company and the analysis of the financial statements. These information help understand how its revenues, profit and overall success is increasing year by year.

The chapter by Manabu Shimizu focuses on Japan’s efforts in oil exploration and the country’s future goals in the oil industry. Since Japan imports all of its oil, the “challenge is to establish a long-term, sustainable oil supply” (Shimizu 113). Japan has begun to fund Central Asian oil exploration in the hopes of a big oil market being produced for that region. However, Japan does not intend to import oil from Central Asia, rather they want other regions to do import. By doing so, some of the production pressure is lifted from the Middle East, which is where most of Japan’s oil comes from. At the moment, the Middle East is the main producer of oil for many countries with great power over the market, and Japan hopes to create another market

In addition to the US peak oil situation, the US Oil Drilling and Gas Extraction Industry faces heavy foreign market competition. In 2011, the US ranked 3rd in oil production, behind Saudi Arabia and Russia (Energy, 2012). Saudi Arabia’s OPEC governor expects Saudi output to rise steadily beyond 2030 with a 1.5 million barrel per day spare production capacity then (Energy, 2012). Russia holds the world’s largest

Sinopec International Petroleum belongs to Sinopec Corp., which is one of the largest integrated energy and chemical companies in China. It business mainly covers oil and gas activities. It is China 's largest producer and supplier of refined oil products by annual volume processed and major petrochemical products and its second largest crude oil producer, following Petrochina. In 2007 it was ranked in

The view of present company situation. Company managed to successfully market itself for 3 decades as well as expand very fast through retail franchising model. Constant product development has shown positive results in sales. Trading relationships with communities in need has enabled company to outsource high quality sustainable and relatively cheap materials.

After his election in 1951, Mohammad Mossadegh became the prime minister to the Iranian ruler, Mohammad Reza Shah Pahlavi. Prior to this time, there existed an oil company in Iran called the Anglo-Iranian oil company. Although it was Iranian oil, because the British had discovered it first, they claimed it to be theirs and took main control over the Iranian oil, the company and the clients of this company were all Europeans. After the Second World War, the British economy was very poor and indebted to its allies (mostly the USA). Iranian oil was highly beneficial to them as they relied heavily on the strong dollar income provided by the oil. The oil company was of huge benefit to the British but not so the Iranians.

Petroleum is a thick and flammable mixture of gaseous, liquid and solid hydrocarbons that occurs naturally beneath the earth’s surface. It can be separated into fractions including natural gas fuels, lubricating oils and so on. There are some major oil producing regions around the globe. Kuwait and Saudi Arabia’s crude oil fields are the largest. But in Texas, the former world’s major oil region is now almost completely dry. The real catalyst for petroleum production is World War I. It is being produced in large amount during the war. Petroleum is a commercial product in this modern era. Sometimes, petroleum and crude oil are used to mean the same thing, or in other words, petroleum products after crude oil is refined in a factory. There are

Nevertheless, the most interesting part is that investment may be an art of counterbalance and compromise, when you look at the tremendous market volume and brilliant prospectus of China’s oil and gasoline market. This country has the largest population of 1.3billion, the second longest highways length of almost 100,000 kilometers and the second largest automobile population of 85 million. And it was growing in average 8% during the years. No one wants to miss the chance to invest in a such economy.

Alternative reference: China National Petroleum Corporation is also referred to in this report as “CNPC”,

There is a large oil gathering station in the outskirts of Edmonton, all the crude oil from oil field and product oil are swallowed by this western’s largest oil station that owned by Enbridge, then after measure them and exports to the United States. Today, although the operations from Enbridge are already all around South America, Africa and other countries, the rise of the emerging Chinese market catches Enbridge’s eyes, and makes the company looks to the distant Asia. This “Northern Gateway project” is a giant investment project uses to develop the Asian market.

United States, China and Russia are the top 3 producers of Oil shale in the world. Oil shale is important because of its usage and economical factor , It can be transformed or treated into diesel and jet fuels or petrol. Oil shale was deposited in the Songlio Basin(NE china) during the upper cretaceous period, representing an excellent hydrocarbon source of rocks.

World oil demand is increasing as emerging economies need more energy to increase their living standards. Estimates, shown below, are that by 2030, China and India as emerging markets will import over 70% to 90% of their fossil fuel needs (1) . Coupled to a continued high and growing demand for oil, makes this a robust market for the next 30 years.

The largest world supplier oil company is Saudi Aramco. It is the most profitable company on the earth. Since it is the most powerful oil company, it has a great impact on the world economy. As a result, a strong international relationship was built with the Kingdom of Saudi Arabia. In addition, the strong developing of international relationship with other industrial countries resulted in massive contributions to the politics, economy, and many different aspects. In 1933, Saudi government bestowed oil concession to California Arabian Standard Oil Company (Chevron). The main factor for this grant was to explore the oil in the eastern region of the Kingdom of Saudi Arabia. After discovering a huge amount of oil, part of the

Besides, the organization has upgraded its technological capacity through the projects and innovation section of its business. In this word, there are few oil companies and most of the oil and natural business is controlled by powerful organizations. The large amount of capital investment tend to remove a lot of supplier of rigs, pipeline, refining and other. even the suppliers product are important info to the oil organizations, the oil organizations still have critical control over smaller drilling and support

There is a significant change in the order of energy in the world, and there is the need of China to enforce its ability in becoming one of the major forces in global markets, and in the geopolitics that occur regarding energy. There are opportunities and challenges that are created as China aims to expand its global and regional linkages as they look for security in the supply of energy.