Beijing maintains expansionist tendencies
China has not lost its interest in oil and gas assets around the South China Sea
China has not been distracted from its assertive agenda in the South China Sea despite its domestic focus on combating Covid-19. It continues to deploy oil and gas vessels and military muscle to bolster its position in the strategically vital region. The major focus of China’s obstructive role in the area is where its claims overlap with both Malaysia and Vietnam, neither particularly friendly towards Beijing. Malaysian national oil company (NOC) Petronas is exploring in blocks ND1 and ND2, which are in waters also claimed by the Vietnamese and within China’s so-called nine-dash line boundary. The Chinese elbowing into the bilateral dispute is described by US-based thinktank the Asia Mari

Also in this section
26 March 2025
Well-functioning democracies are required for healthier economies and a thriving oil industry
26 March 2025
Nigeria’s mega-refinery is traversing the world in search of crude for the majority of its needs and may well export large swathes of its products
26 March 2025
Oil majors including Shell, TotalEnergies and Chevron are turning to Suriname’s oil potential as South America’s smallest country seeks to replicate the success of neighbouring Guyana
26 March 2025
The Paris-based energy watchdog is reverting to its core mission and putting security over transition