Launched in 2019 the OIES China Energy Research Programme, is a center of analytical excellence offering insights into the factors that inform China’s energy policies and choices and their pivotal role in global energy markets.
China is the world’s second largest economy, biggest importer of crude oil, the fastest growing consumer of natural gas as well as the world’s top coal producer and emitter of CO2. The country is endowed with vast reserves of oil, gas and coal all of which it aims to develop in order to enhance its energy security, but, it is also seeking to spearhead a technological revolution in support of its energy transition.
In light of its voracious appetite for energy, its domestic resource potential and its technological ambitions, the way in which China chooses to develop its domestic resource base, consume energy and engage with global markets is of extreme importance to producers, consumers and traders of energy. But the country’s command economy, alongside the dominance of state-owned companies still inform policy design and implementation and are key to understanding the evolution of China’s energy mix and markets.
The China Energy Programme at OIES delves into these developments and offers insights into the factors that inform China’s energy policies and choices.
The Programme is grateful to its Sponsors for their support, without which its research would not be possible.
Anders Hove
Michael Chen
Gabriel Collins
Barbara Finamore
Sheryl Ruan
Stephen O’Sullivan
Ulf Henning Richter
Wei Zhou
Yan Qin
Research is carried out by the programme staff in close coordination with the other OIES programmes and in collaboration with leading researchers and institutes in China and the West. Research will be disseminated via a dedicated research paper series, energy comments, sponsors’ visits, and specialised events.
For information about the programme and questions, please email: Michal Meidan
In this podcast, David Ledesma talks to Michal Meidan about her latest contribution to the OIES Oil Monthly. They discuss the new Chinese consumption tax on blendstocks and the crackdown on the Shandong teapots, how this will impact crude and product flows in and out of China as well as the balance of power between […]
On 11 March 2021, the Chinese government ratified its 14th Five Year Plan and long-term targets for 2035. Since this is the first Five Year Plan (FYP) published following China’s announcement in September 2020 that it would aim to peak carbon emissions by 2030 and reach carbon neutrality by 2060, it was expected to be […]
China’s 2020 Natural Gas Development Report (NGDR), assessing the current state of the country’s gas industry and how it relates to the broader global gas market, was published late last year. If 2019’s focus was on the seemingly inexorable rise in China’s demand for gas, the 2020 reports theme has been the impact of coronavirus. […]
Between 2008 and 2018, China’s gasoline demand doubled, from 1.5 mb/d to 3 mb/d, with gasoline alone accounting for over a third of the country’s total product demand growth. This was closely related to rising incomes and the phenomenal growth of China’s private car fleet. As a result, Chinese refiners and global markets are expecting the next stage of China’s […]
China’s emergence as a global economic power and energy consumer has shaped global energy production and trade flows. In the fossil fuel world, though, China was a technology follower and a price taker. In the energy transition, China is likely to play a vastly different role. Government-supported efforts to spur innovation have coincided with growing […]
Diesel has been the most important refined product in China’s oil demand, accounting for a third of consumption in 2018 and for 25% of oil demand growth on average between 2008 and 2018. Historically, diesel was consumed in industry as well as in freight, fuelling trucks and commercial vehicles. But China’s industrial diesel demand has […]
Dr Katja Yafimava, Senior Research Fellow at OIES, spoke last week about the current energy crunch, Russian gas exp… https://t.co/08BOn9xky6
New OIES Energy Insight - Carbon Capture and Storage: The perspective of oil and gas producing countries -… https://t.co/IOe8URG4ZZ
Meidan quoted on China’s SPR release: What’s happening on Friday is a test, the first test, of China’s SPR mechanis… https://t.co/ldOL1LwVrQ
Dr Vitaly Yermakov quoted in @markets “No matter how hard Gazprom tries, it cannot single-handedly balance such a h… https://t.co/lLLsAWlMJk