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World Energy: Focus on BP

From the Pages of World Energy Magazine:

The Future of Energy in Emerging Asia

Lee R. Raymond
Chairman and CEO
Exxon Mobil Corporation

Asia has seen unprecedented economic growth in recent decades, resulting in a great increase in energy demand. The author addresses the energy challenges in Asia and worldwide, urging cooperation between companies and government to establish the necessary investment climate while balancing the economic and environmental concerns of the public.

China and the World Economy: Prospects and Challenges

Lord John Browne of Madingley
Group Chief Executive
BP p.l.c.

hina has made great advances over the last 25 years, but the country still faces many challenges. The author focuses on two of these: energy supply and the environmental impact of increased energy consumption.

Energy Security in Asia: The Case for Flexibility

Lord John Browne of Madingley
Group Chief Executive
BP p.l.c.

As energy demand continues to grow worldwide, and especially in Asia, the means for maintaining deliveries of adequate energy supplies is changing. The author suggests that natural gas, and a more flexible approach to its marketing and delivery, will be critical in supplying Asia with the energy it needs to continue growth and economic development.

China's Petroleum Industry

Lidian Chen
Professor
Chinese National Petroleum Corporation

From the discovery of petroleum in China 2,000 years ago, the nation's industry has moved beyond its period of stagnation and into the modern era. The author gives a brief overview of recent accomplishments and current objectives.

Oil and Gas Projects Flourish in Asia-Pacific

Gerald M. Glenn
Chairman, President and CEO
CB&I

The Asia-Pacific region is home to well-developed nations such as Japan, China, Australia and New Zealand. Growing energy demand throughout the region is driving new projects and technologies. The author examines local markets from economic and production standpoints.

Sustainability and Corporate Responsibility: More Than a Passing Trend

Dr. Tony Hayward
Chief Executive, Exploration and Production
BP p.l.c.

While they may be fashionable phrases, corporate responsibility and sustainability are anything but passing trends for energy companies. Proof of a company's responsibility comes in the form of its leaders, the nature of its products and the impact it has on people's lives. The author uses the policies and accomplishments of BP and TNK-BP to exemplify these ideals.

Asia's Energy Future: Technology as a Catalyst

A. M. Naik
Chairman and Managing Director
Larsen & Toubro Limited

Like China, India is an Asian nation that's becoming a major consumer of energy. The author sees both countries' R&D, manufacturing and technical prowess as building blocks to today's nuclear options, renewables and LNG - and tomorrow's hydrogen economy.

China's Environmental Challenges as a World Trading Partner

Dr. E. Kent Robinson
President and Managing Director
CH2M HILL International, Ltd.

The People's Republic of China will soon take its place as a member of the World Trade Organization and will be extended Permanent Normal Trade Relations status with the United States, which will surely attract increased trade opportunities. However, China's ability to reap expected trade and investment benefits will hinge on how well it addresses daunting environmental issues, including major, long-standing air and water pollution problems.

A Global Outlook for the Chinese Economy

Harry Roels
Group Managing Director
Royal Dutch/Shell Group of Companies

The Great Wall that divided China from other nations for over 2,000 years may still be physically intact, but the thinking behind it has gone. As China nears accession to the World Trade Organization, the author notes that the Chinese government is making many positive changes that will improve opportunities for foreign investment.

Australia's Role in China's Growing Energy Market

Donald Voelte
Managing Director and CEO
Woodside Energy Ltd.

With a goal of quadrupling its 1990 gross domestic product by 2020 and with a current growth rate that will make China the world's third-largest economy by the end of this decade, China is on track to achieve one of the most remarkable feats of wealth creation the world has seen. Noting a long and mutually beneficial relationship between Australia and China, the authors describe how Australia, in supplying China with clean, secure and reliable sources of energy, can further this relationship and help the country prosper.

Energy: Key to Asia's Economic Recovery

Roger C. Beach
Chairman & CEO
UNOCAL Corporation

Although the nations of Asia are resilient and offer excellent opportunities for long-term energy development on the part of American companies, there are some bumps in the road. These include Japan's recession, recent nuclear weapons tests in India and Pakistan and how China reacts to recent economic and military developments. But the worst problem is America's increasing use of unilateral sanctions for political purposes. To maximize the potential of U.S. business in Asia, we need flexibility and the opportunity to invest. The author explains the potential benefits.

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