浅谈中国石油企业的现状分析和并购的策略选择

中国石油企业跨国并购是直接利用外资拓展海外市场,获取丰富的石油和天然气资源,来解决问题资金、技术管理的重要形式.我国石油产业对于跨国并购有很好的条件和资源.中国海洋石油公司的两大兼并、中国石油企业跨国并购活动,必须密切结合的特点,利用规模企业管理模式,不断创新的技术优势,建立战略联盟,避免使用外部干预,改善经济实力.本...     

浅谈中国海外石油投资的策略建议

中国石油供需矛盾日益增大,石油对外依存度持续上升,国家石油安全面临考验.石油企业“走出去”进行海外石油投资,不仅是解决石油短缺危机的重要举措,也是企业长远发展的迫切需要.中国石油企业应当在总结和借鉴中谋求海外石油投资之路:应当多方合作,集合优势资源,针对重点油气区域采取有效的投资策略,通过参与国际竞争完善企业管理制度.政府应当在财政、金融、立法等方面,加大对海外石油投资的扶持力度,推动石油企业“走出去”的步伐     

中国石油需求与全球石油库存对国际油价的影响研究

本文基于全球石油总供给、中国石油需求、其它国家或地区石油需求、全球石油库存和国际石油价格等时间序列,构建一个五变量的SVAR模型,研究国际石油价格对各因素的结构响应.并重点分析了中国石油需求和全球石油库存对国际石油价格的影响.本文的实证结果显示,中国石油需求对国际石油价格有显著的正向冲击,而全球石油库存对国际石油价格有显著的负向冲击.本文还发现中国石油需求和全球石油库存对国际石油价格波动的贡献度较大,两者之和占比高达20％左右.因此,中国石油需求和全球石油库存是影响国际石油价格重要因素,分析国际石油价格变化时不能被忽视.     

中国石油天然气资源和安全对策

一、中国油气资源分析 (一)中国石油资源总体观。 1.对中国油气资源应持“两点论”的分析。(1)中国是石油大国,虽然勘探难度加大,但仍有巨大的发展潜力;(2)中国油气的“丰度”(每平方千米国土的资源占有量)明显低于世界平均值、油气相对贫乏。 2.对石油和天然气的比较。(1)石油已处于壮年期,天然气发展滞后,仍处于青年期;(2)天然气的资源当量值低于石油。     

浅谈中国海外石油投资的策略建议

中国石油供需矛盾日益增大,石油对外依存度持续上升,国家石油安全面临考验。石油企业“走出去”进行海外石油投资,不仅是解决石油短缺危机的重要举措,也是企业长远发展的迫切需要。中国石油企业应当在总结和借鉴中谋求海外石油投资之路：应当多方合作,集合优势资源,针对重点油气区域采取有效的投资策略,通过参与国际竞争完善企业管理制度。政府应当在财政、金融、立法等方面,加大对海外石油投资的扶持力度,推动石油企业“走出去”的步伐。     

入世对中国石油企业的影响及应对策略

中国的入世为中国石油企业加强石油石化国际经营 ,分享国际油气资源 ,实施油气资源扩张战略 ,解决我国原油资源巨大缺口提供了国际规则保障。但中国石油企业内部中下游企业竞争能力不强 ,要在有限的保护期内 ,通过多种途径大力实施低成本市场扩张战略以应对挑战     

中国石油企业国际竞争力评价

本文通过构建我国石油企业国际竞争力评价指标体系,选取全球500强中的7家世界主要石油公司及我国的中石油、中石化、中海油三大石油公司的最新相关数据进行样本分析,采用SPSS因子分析的方法计算出上述10家最具竞争力石油公司的国际竞争力指标值,从而对我国石油企业的国际竞争力进行分析评测.通过将中国石油企业置身国际市场中分析其国际竞争力的优劣,探讨在国际化环境下提升中国石油企业国际竞争力的有效方式和途径.     

中国石油企业对外投资合作的税收问题调查

石油是当今人类社会生产生活的重要能源和资源。我国石油资源相对稀缺,供求矛盾比较突出,需要寻求更大的资源空间以满足国内供应。早在1992年,中央就明确提出了充分利用国内外两种资源、两个市场发展中国石油工业的战略方针。对此,中国国有大型石油企业,积极配合国家能源战略需要,主动开辟海外市场,     

中亚石油合作与中国能源安全战略

中国经济的和平发展战略越来越受到能源瓶颈的制约,能源安全问题日益突出,如何保证国家能源安全已经成为关系和平发展战略能否实现的战略性问题.中亚蕴藏着丰富的石油、天然气资源,中国加强同中亚国家的石油合作,可以解决中国石油短缺、对外依赖度高、进口单一的问题,是中国规避石油进口风险、提高能源安全水平的战略选择之一,对中国和平发展战略的实现具有重大意义.     

经济全球化条件下的中国石油安全问题

在经济全球化条件下，石油作为具有战略意义的经济资源对于国家经济发展和经济安全起着举足轻重的作用。近年来，世界石油市场呈现出一些新的发展趋势。由于石油进口依赖度越来越高，中国石油问题受制于人的危险性日益加大，可能对中国经济安全构成重大威胁，因此，应尽快构建中国石油安全保障体系，采取有效的战略措施，确保国家经济安全。     

海外油气投资目标筛选决策支持系统研究

受全球一体化趋势的影响，油气资源与世界经济、政治、外交和军事的关系更加密切，围绕油气资源展开的国际竞争变得异常激烈。随着不确定外部环境的无序演化，油气安全的影响因素日益复杂。海外油气资源的争夺和中国海外油气资源供给渠道的稳定，需要科学的投资目标筛选决策。基于海外油气投资环境的动态演化和石油公司跨国经营非合作博弈特点，全方位构建了包含动态指标的海外油气目标国家投资环境评价指标体系，运用多层次灰色模型建立了海外油气投资目标筛选模型，通过编程建立和实现其决策支持功能。为系统评估海外油气资源争夺的战略机遇提供了方法借鉴。     

生物柴油的发展思路与政策建议

生物柴油是清洁的可再生能源,具有良好的环保性能。发展生物柴油对于调整农业结构、增加农民收入、改善生态环境等具有重要意义。当前,我国生物柴油产业发展处于起步阶段,需要明确发展思路和政策：开展资源调查,制定产业发展规划;加强技术研发;培育持续稳定的市场需求,疏通销售渠道;制定生物柴油质量标准和生物柴油标准体系;加强部门之间的协调,处理好我国国内大型石油公司之间及其与民营企业、其他国有企业以及外资企业的关系。     

Party Politics and the Political Economy of Ghana’s Oil

Ghana’s status as a new oil producer raises questions about the developmental effects of resources, and the role of political institutions in these processes. The conundrum this paper addresses is the rather limited impact of oil exploitation in Ghana despite the country’s strong democratic record and internationally acclaimed oil governance legislation. The reasons for this lie in the nature of elite-based political coalitions and we root our analysis of Ghana’s hydrocarbons in the political settlements literature, which moves us beyond the ‘good governance’ approaches so often linked to ‘resource curse’ thinking. We also move beyond the instrumentalism of political settlements theory to examine the role political ideas play in shaping resource governance. We argue that inter-coalitional rivalry has generally undermined the benefits of Ghana’s oil but that a crude interests-based interpretation is insufficient to explain differences between these coalitions.     

Corruption and natural resource rents: evidence from quantile regression

This study examines the impacts of oil rents on corruption for 157 countries. While existing studies have primarily focused on average effects, we employ quantile regression to estimate the effects of natural resource abundance for different corruption levels. We consider the effects of natural resource rents, mainly oil rents and then compare them with those of total and non-oil natural resources rents. The estimation results show that, generally, more oil rents increase corruption. Specifically, impacts are larger in countries with an intermediate level of corruption and smaller in highly corrupt countries. While total resource rents increase corruption significantly, non-oil resource rents do not. This may be due to non-oil resource rent management (mainly inland) being more subject to public scrutiny. Non-oil natural resources are concentrated in the less-developed sub-Saharan African countries, where corruption is prevalent; therefore, the impacts of natural resource rents are unremarkable.     

Modeling Nonrenewable Resources Use with Multiple Demands and Multiple Sources

The theoretical literature following Hotelling (J Polit Econ 39:137–175, 1931) assumed that all nonrenewable resource needs are satisfied by one type of resource (e.g. “oil”), extractible at different per-unit costs. This formulation implicitly assumes that all users are the same distance from each resource pool, that all users can switch costlessly from one type of resource to another (e.g. liquid fossil fuels to coal or vice-versa), and that all users are subject to the same regulations. These assumptions imply, as Herfindahl (Extractive resources and taxation. University of Wisconsin Press, Madison, pp 63–90, 1967) showed, that in competitive equilibrium all users will exhaust a lower-cost resource completely before beginning to extract a higher-cost resource: simultaneous extraction of different grades of oil or of oil and coal should never occur. In trying to apply the single-demand curve model during the last twenty years, several teams of authors have independently found a need to generalize it to account for users differing in their (1) location, (2) resource needs, or (3) regulatory environment. Each research team found that Herfindahl’s strong, unrealistic conclusion disappears in the generalized model; in its place, a weaker Herfindahl result emerges. Since each research team focussed on a different application, however, it has not always been clear that everyone has been describing the same generalized model. The goal in this paper is to integrate the findings of these teams and to present an easily accessible generalization of the nonrenewable resource model to multiple demand curves.     

TERRORISM AND THE RETURNS TO OIL

The effect of terrorism on global oil prices has been largely explained through demand-side effects. We estimate an empirical model to re-examine the effect of terrorism on the price of global oil stocks across oil market regimes that reflect different supply constraints. We believe that terrorism will have larger impacts when global capacity is tight (i.e. when global demand is close to global supply). This means that any shock to capacity (say by conflict) should have the largest impact on profits before the first OPEC shock in the early 1970s. Since then, conflict shocks would not allow firms to exploit production in the same way, thus reducing the available profits that could be garnered by such production manipulation. If capacity constraints are binding when a conflict occurs, then we predict that a positive stock price reaction can be expected for oil firms from such a shock. We exploit a new panel dataset to investigate the relationship between oil profitability and conflict, using conflict data from the top 20 oil producing and exporting countries in the world. We show that in the later part of our sample, 1974–2005, as cartel behavior of OPEC member countries has diminished and as conflict has become more regular and thus the information surrounding it noisier, oil stock prices do not increase in response to conflict. However, in earlier capacity constrained eras, we find that oil stocks can in fact increase in response to conflict. In some cases, the impact of conflict may cause the return of oil stocks to increase by as much as 10 percentage points.     

U.S. OIL DEMAND AND CONSERVATION

Recent history has lent casual support to three popular theories about U.S. oil demand: (i) U.S. oil consumption is very insensitive to changing oil prices, (ii) non-price conservation has reduced U.S. oil demand, and (Hi) U.S. oil consumption falls more when oil prices rise than it rises when oil prices fall. Together, these theories suggest that one could hold oil consumption constant without much economic sacrifice. The authors' econometric evidence does not support these theories. This evidence indicates that U.S. oil consumption is fairly responsive to price changes over the long run, but with a considerable lag. Sharp oil price increases—or an equivalent policy action—would be needed to hold oil consumption constant during the 1990s.     

浅议建立中国石油安全体系

石油是具有不可再生性和稀缺性的资源,是关系到国民经济振兴和国家安全的战略物资。随着经济的快速发展,我国已经成为仅次于美国的世界第二大石油消费国,石油已经对社会经济的各个方面产生了巨大的影响。要解决石油安全问题,必须突破传统思维,建立起一个综合的安全体系。这个体系不仅包括能源替代、节约和来源进口多元化,还应该涵盖建立石油储备和发展石油期货等措施,从各个方面来确保供给来源,规避价格风险,维护我国石油安全。     

我国油气资源-社会经济系统协调发展综合评价分析

油气资源是一个国家可持续发展的基础，是国家综合国力和国家安全的重要因素，对我国油气资源-社会经济系统协调发展状况进行科学的评价，将有效的促进我国油气资源-社会经济系统的协调发展。本文在确立系统协调发展的目标与思路的基础上，选取2001—2008年我国石油工业、人口、经济、科技、环境等方面的相关数据，运用因子分析等多种方法的综合，对我国油气资源-社会经济系统的发展水平、协调度以及协调发展度进行了评价，并对评价结果进行分析。     

Oil and political survival

Political economy theories on the “natural resource curse” predict that natural resource wealth is a determining factor for the length of time political leaderships remain in office. Whether resource wealth leads to longer or shorter durations in political office depends on the political incentives created by the natural resources, which in turn depend on the types of institutions and natural resource. Exploiting a sample of more than 600 political leadership durations in up to 152 countries, we find that both institutions and resource types matter for the effect that natural resource wealth has on political survival: (i) wealth derived from natural resources affects political survival in intermediate and autocratic, but not in democratic, polities; and (ii) while oil and non-lootable diamonds are associated with positive effects on the duration in political office, minerals are associated with negative duration effects.