Largely below the media radar, China has intensified its global search for energy supplies to secure its dynamic economy.
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Largely below the media radar, China has intensified its global search for energy supplies to secure its dynamic economy.
Read more: http://tinyurl.com/q6v3xw2
Alberta and China have signed what they term a landmark deal to increase trade ties and collaboration.
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Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the United States’ 6.24 million. This trend is likely to continue and this gap is likely to grow, according to the EIA’s October short-term energy outlook. Wood Mackenzie, a leading global energy consultancy, echoed this prediction, estimating Chinese oil imports will rise to 9.2 million barrels per day (70% of total demand) by 2020.
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Time flies when you’re having fun and for Liu Yongfeng the last three years in Calgary have flown by.
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The latest deal will see the two Star Alliance partners add six new destinations in Canada and six in China to the partnership, via the carriers’ Vancouver and Beijing.
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FORT SASKATCHEWAN — They don’t have any orders yet, but thanks to relationships with some of the world’s biggest energy and chemical companies, Yanda expects its first plant outside China to be humming along soon.
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EDMONTON – Premier Alison Redford’s push to explore petrochemical projects and related trade missions with China during her 12-day trade trip is a welcome move that could help bring billions of foreign investment to Alberta, says an industry expert.
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The oilsands may be under fire close to home but Premier Alison Redford said Tuesday the environmental debate isn’t dampening Chinese enthusiasm for Alberta energy.
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What If War Against Syria Causes China, Russia And The Rest Of The World To Stop Buying US Debt?
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EDMONTON – The timing couldn’t be more propitious for Alberta Premier Alison Redford’s third trade mission to China.
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