Related Articles
Forward article link
Share PDF with colleagues

Asia rising

As Asian economies and populations boom, NOCs are looking to Africa as their latest resource for supplies to match growing demands

ASIAN national oil companies (ANOCs) are waging a new battle for oil reserves in Africa. Human-rights, anti-corruption campaigns and good governance have all become victims of the scramble, as state-owned companies from countries with weak commitments to all of them invest in host countries with weaker interest in any of them, writes Derek Brower. Or at least that is the perception of many in the West, from non-governmental organisations, to the media, to the international oil companies (IOCs) that previously had Africa to themselves. But is the perception fair? Not necessarily, says a report from Chatham House, a think tank. And nor is it the whole picture, say the report's authors, John

Also in this section
Egypt wears the East Med LNG crown
20 June 2018
With production rising fast and other East Med countries looking for markets, Egypt is hoping that its LNG plants will soon come into their own
Iraq's energy sector needs political deal
20 June 2018
Approval of plans to expand Iraq’s oil output and export capacity awaits the formation of a new cabinet, following May’s inconclusive election results
Map: Libya's conflict
19 June 2018
This regularly updated map shows the ongoing conflict among rival factions seeking control of the territory and oil of Libya.