Understanding The True Nature Of Politics And Its Finality ( Archived) (852)

Mar 2, 2011 1:03 AM CST Understanding The True Nature Of Politics And Its Finality
tomcatwarne
tomcatwarnetomcatwarneOcean City, Plumouth, Devon, England UK289 Threads 7 Polls 17,106 Posts
emmaline: their oil companies are minimal compared to exxon et al

they have only been a part of international banking since 2001



China’s Oil Companies: The New Kids on the Oil Block

by Tony D’Altorio, Investment U Research
Wednesday, November 10, 2010

China’s quest for energy has become a hot topic in recent years. Its search for energy resources has changed the global energy landscape… perhaps forever.

This year in particular, its national oil companies have gone into overdrive in expanding.

According to energy consultancy Wood Mackenzie, Chinese companies have spent $24.6 billion on overseas oil and gas acquisitions so far this year, with $11.4 billion into Brazil’s offshore oil fields alone. Altogether, they make up a fifth of the larger industry’s deal making in 2010.

Yet less than two years ago, China’s national oil companies accounted for a mere 4% of mergers and acquisitions in the sector. Clearly, much has changed since then.

Luke Parker, manager of Wood Mackenzie’s merger & acquisition service, notes that the oil price spike in 2007-08 was “a real shock to China.” Since then, its oil companies have had a much more “aggressive and opportunistic view of the long-term price of oil.”

That has led to impressive gains… and opens up a slick opportunity for savvy investors…

Chinese Oil Companies Willing to Spend

With their new, long-term outlook, Chinese oil companies are more willing to spend on exploration and development. And they don’t seem to mind paying top dollar for it.

They have also become more sophisticated in the way they operate and approach deals. They don’t shy away from direct competition with western competitors for hot purchases.

They proved that when bidding on offshore western Africa and Brazil’s pre-salt reserves. Chinese companies like Petrochina ADR (NYSE: PTR), Sinopec ADR (NYSE: SNP), CNOOC ADR (NYSE: CEO) and Sinochem have all proved to be tough negotiators.

Sinopec takes the lead so far this year, spending $13.1 billion on purchases. That includes $7.1 billion for a stake in the Brazilian fields of Repsol ADR (NYSE: REP), and a portion of the giant Canadian oil sands project, Syncrude.

Next comes CNOOC at $5.8 billion. It spent over $1 billion of that on a deal with Chesapeake Energy (NYSE: CHK) in its Texas shale oil and gas project… underscoring China’s appetite for even unconventional energy resources.

Then there’s Sinochem, which had no record of oil exploration or production until 2003. But it has grown steadily since through small acquisitions since.

Most notably, it edged out two other Chinese bidders in May, to pay $3 billion to win a 40% stake in the Peregrino field, owned by Statoil ADR (NYSE: STO).

As for Petrochina – the subsidiary of China’s largest oil and gas producer, CNPC – it could make a major deal soon as well. According to rumors, it even had its eye on BP ADR (NYSE: BP) during the oil spill debacle.

grin devil
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Mar 2, 2011 1:05 AM CST Understanding The True Nature Of Politics And Its Finality
gininitaly
gininitalygininitalyPadova, Veneto Italy23 Threads 2,454 Posts
Well there are always reasons for everything... so why did the Jews become money lenders?

"Around the 12th century Jews were ostracized from most professions by local rulers, the Church and the guilds and so were pushed into marginal occupations considered socially inferior, such as tax and rent collecting and money lending, while the provision of financial services was increasingly demanded by the expansion of European trade and commerce."

Ta da... little did they know where that would lead, right? Oppress a people and they may just come back and bite you on the rear. wink
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Mar 2, 2011 1:08 AM CST Understanding The True Nature Of Politics And Its Finality
gininitaly
gininitalygininitalyPadova, Veneto Italy23 Threads 2,454 Posts
tomcatwarne: China’s Oil Companies: The New Kids on the Oil Block

by Tony D’Altorio, Investment U Research
Wednesday, November 10, 2010

China’s quest for energy has become a hot topic in recent years. Its search for energy resources has changed the global energy landscape… perhaps forever.

This year in particular, its national oil companies have gone into overdrive in expanding.

According to energy consultancy Wood Mackenzie, Chinese companies have spent $24.6 billion on overseas oil and gas acquisitions so far this year, with $11.4 billion into Brazil’s offshore oil fields alone. Altogether, they make up a fifth of the larger industry’s deal making in 2010.

Yet less than two years ago, China’s national oil companies accounted for a mere 4% of mergers and acquisitions in the sector. Clearly, much has changed since then.

Luke Parker, manager of Wood Mackenzie’s merger & acquisition service, notes that the oil price spike in 2007-08 was “a real shock to China.” Since then, its oil companies have had a much more “aggressive and opportunistic view of the long-term price of oil.”

That has led to impressive gains… and opens up a slick opportunity for savvy investors…

Chinese Oil Companies Willing to Spend

With their new, long-term outlook, Chinese oil companies are more willing to spend on exploration and development. And they don’t seem to mind paying top dollar for it.

They have also become more sophisticated in the way they operate and approach deals. They don’t shy away from direct competition with western competitors for hot purchases.

They proved that when bidding on offshore western Africa and Brazil’s pre-salt reserves. Chinese companies like Petrochina ADR (NYSE: PTR), Sinopec ADR (NYSE: SNP), CNOOC ADR (NYSE: CEO) and Sinochem have all proved to be tough negotiators.

Sinopec takes the lead so far this year, spending $13.1 billion on purchases. That includes $7.1 billion for a stake in the Brazilian fields of Repsol ADR (NYSE: REP), and a portion of the giant Canadian oil sands project, Syncrude.

Next comes CNOOC at $5.8 billion. It spent over $1 billion of that on a deal with Chesapeake Energy (NYSE: CHK) in its Texas shale oil and gas project… underscoring China’s appetite for even unconventional energy resources.

Then there’s Sinochem, which had no record of oil exploration or production until 2003. But it has grown steadily since through small acquisitions since.

Most notably, it edged out two other Chinese bidders in May, to pay $3 billion to win a 40% stake in the Peregrino field, owned by Statoil ADR (NYSE: STO).

As for Petrochina – the subsidiary of China’s largest oil and gas producer, CNPC – it could make a major deal soon as well. According to rumors, it even had its eye on BP ADR (NYSE: BP) during the oil spill debacle.


Phase II already underway. conversing Thx Tom wave
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Mar 2, 2011 1:08 AM CST Understanding The True Nature Of Politics And Its Finality
Looking_Heart
Looking_HeartLooking_HeartSPRINGFIELD, Missouri USA15 Threads 5 Polls 592 Posts
well you do know that they have relocated all of the national security head quarters to Denver, 5000 ft above sea level next to the new world airport. it seems they know that the public are going to make a run on Washington, so they needed to move all the infrastructure up at higher elevation and closer to their underground military installations under the airport drinking

I guess the Bilderbergs needed to protect their electronic accounting and surveillance systems out of reach of us pesky citizens who desire their country backuh oh
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Mar 2, 2011 1:08 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
tomcatwarne: You need a MP3 player but you do not have good income and it is becoming tough for you to live without it. This is the time that you should start concentrating on different options that you have available. Here you come with a reliable option of going with the Chinese gadgets that are offered at a reliable and good cost as compared to any of the branded ones.

Chinese gadgets are here to offer you great things and you need to have a look at these offers so that you would come to know more and more about different products and the features associated with it. You may not find exactly what you are looking for but you may find something even better. There are so many upcoming functions that you have in your own Chinese electronic gadgets.

When you get in to the world of Chinese products, you will feel to have much more options available to you. There are so many of those options that might be an alternative for what you are looking out for. These Chinese gadgets offer you reasonable price, good quality and service associated with them. So you need not to be upset with its working.

You can get any thing you want in Chinese market as they have started developing everything from a needle to bigger things. Whether you want a DVD player or you want a cell phone, you have every kind of variety in front of your eyes. One of the reason as why do they offer cheap prices is because they know what the people demands and they can easily produce much of the products in shorter span of time. This makes them to be available to customers in shorter time and by keeping low price, they are becoming a trusted name with their customers. Within a short span of time, China made gadgets has made its own place in the world market of electronic market.

These gadgets made from china may not be the best for you but it really solves your problem. Once you start using them it is for sure that you think that you have paid for whatever features you are enjoying. In fact, these days, chinese gadgets have improved a lot in their quality and that is the reason why much people are getting towards buying everything that is made in china. They also use their own innovative thoughts in producing all new Chinese products that may be new to the market.

By Atanu Shaw


495 billion in profits for oil just last year




technology profits are nowhere near that
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Mar 2, 2011 1:12 AM CST Understanding The True Nature Of Politics And Its Finality
Albertaghost
AlbertaghostAlbertaghostCultural Wasteland, Alberta Canada76 Threads 5 Polls 5,914 Posts
emmaline: controls the world


So, these guys control everything then? Even the Chinese, the other rich people and entire countries like Saudi Arabia, Japan, Russia, and such?

So, any idea as to why they want Iran to have a nuclear weapon? I mean, they control everything so whatever happens is straight from joo central right?confused
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Mar 2, 2011 1:16 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
tomcatwarne: China’s Oil Companies: The New Kids on the Oil Block

by Tony D’Altorio, Investment U Research
Wednesday, November 10, 2010

China’s quest for energy has become a hot topic in recent years. Its search for energy resources has changed the global energy landscape… perhaps forever.

This year in particular, its national oil companies have gone into overdrive in expanding.

According to energy consultancy Wood Mackenzie, Chinese companies have spent $24.6 billion on overseas oil and gas acquisitions so far this year, with $11.4 billion into Brazil’s offshore oil fields alone. Altogether, they make up a fifth of the larger industry’s deal making in 2010.

Yet less than two years ago, China’s national oil companies accounted for a mere 4% of mergers and acquisitions in the sector. Clearly, much has changed since then.

Luke Parker, manager of Wood Mackenzie’s merger & acquisition service, notes that the oil price spike in 2007-08 was “a real shock to China.” Since then, its oil companies have had a much more “aggressive and opportunistic view of the long-term price of oil.”

That has led to impressive gains… and opens up a slick opportunity for savvy investors…

Chinese Oil Companies Willing to Spend

With their new, long-term outlook, Chinese oil companies are more willing to spend on exploration and development. And they don’t seem to mind paying top dollar for it.

They have also become more sophisticated in the way they operate and approach deals. They don’t shy away from direct competition with western competitors for hot purchases.

They proved that when bidding on offshore western Africa and Brazil’s pre-salt reserves. Chinese companies like Petrochina ADR (NYSE: PTR), Sinopec ADR (NYSE: SNP), CNOOC ADR (NYSE: CEO) and Sinochem have all proved to be tough negotiators.

Sinopec takes the lead so far this year, spending $13.1 billion on purchases. That includes $7.1 billion for a stake in the Brazilian fields of Repsol ADR (NYSE: REP), and a portion of the giant Canadian oil sands project, Syncrude.

Next comes CNOOC at $5.8 billion. It spent over $1 billion of that on a deal with Chesapeake Energy (NYSE: CHK) in its Texas shale oil and gas project… underscoring China’s appetite for even unconventional energy resources.

Then there’s Sinochem, which had no record of oil exploration or production until 2003. But it has grown steadily since through small acquisitions since.

Most notably, it edged out two other Chinese bidders in May, to pay $3 billion to win a 40% stake in the Peregrino field, owned by Statoil ADR (NYSE: STO).

As for Petrochina – the subsidiary of China’s largest oil and gas producer, CNPC – it could make a major deal soon as well. According to rumors, it even had its eye on BP ADR (NYSE: BP) during the oil spill debacle.



The term supermajor, also called International Oil Company (IOC), illustrates the six largest, non state-owned energy companies, as seen in popular financial news media around the world.
Trading under various names around the world, they are considered to be:
BP p.l.c. (United Kingdom) (BP)
Chevron Corporation (United States) (CVX)
ConocoPhillips (United States) (COP)
ExxonMobil (United States) (XOM)
Royal Dutch Shell plc (Netherlands/United Kingdom) (RDS)
Total S.A. (France) (TOT)

Between 2004 and 2007, the profits of the six supermajors totaled $494.8 billion

so that works out to be around 30 billion per year per company
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Mar 2, 2011 1:17 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
Albertaghost: So, these guys control everything then? Even the Chinese, the other rich people and entire countries like Saudi Arabia, Japan, Russia, and such?

So, any idea as to why they want Iran to have a nuclear weapon? I mean, they control everything so whatever happens is straight from joo central right?


stop calling them joos alberta. thats being anti semiticscold
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Mar 2, 2011 1:17 AM CST Understanding The True Nature Of Politics And Its Finality
tomcatwarne
tomcatwarnetomcatwarneOcean City, Plumouth, Devon, England UK289 Threads 7 Polls 17,106 Posts
The extrapolation of the recent chinese achievements is mind boggling.

By the way, compared to the infant American culture, the Chiese go back a little further.
The sciences of astronomy, physics, chemistry, meteorology, seismology,technology, engineering, and mathematics can trace their early origins to China. From 600 AD until 1500 AD, China was the world's most technologically Advanced society.
Scholars routinely discovered scientific principles, invented new

technologies, and influenced the development of human civilizations around the world. China: Ancient Arts and Sciences tells the story of four of these revolutionary Chinese technologies: printing, paper making, gunpowder, and the magnetic compass. Printing and paper making impacted record-keeping and learning for Chinese society. The invention of gunpowder gave the Chinese a distinct advantage over their enemies, changing the nature of warfare. The compass enabled trade and exploration in whole new ways.
grin angel devil
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Mar 2, 2011 1:18 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
gininitaly: Well there are always reasons for everything... so why did the Jews become money lenders?

"Around the 12th century Jews were ostracized from most professions by local rulers, the Church and the guilds and so were pushed into marginal occupations considered socially inferior, such as tax and rent collecting and money lending, while the provision of financial services was increasingly demanded by the expansion of European trade and commerce."

Ta da... little did they know where that would lead, right? Oppress a people and they may just come back and bite you on the rear.


thumbs up thumbs up
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Mar 2, 2011 1:18 AM CST Understanding The True Nature Of Politics And Its Finality
tomcatwarne
tomcatwarnetomcatwarneOcean City, Plumouth, Devon, England UK289 Threads 7 Polls 17,106 Posts
Wow England at the top, please note England bashersgrin angel devil
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Mar 2, 2011 1:20 AM CST Understanding The True Nature Of Politics And Its Finality
Well,seems Pinky and The Brain have finally succeeded!rolling on the floor laughing
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Mar 2, 2011 1:23 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
tomcatwarne: The extrapolation of the recent chinese achievements is mind boggling.

By the way, compared to the infant American culture, the Chiese go back a little further.
The sciences of astronomy, physics, chemistry, meteorology, seismology,technology, engineering, and mathematics can trace their early origins to China. From 600 AD until 1500 AD, China was the world's most technologically Advanced society.
Scholars routinely discovered scientific principles, invented new

technologies, and influenced the development of human civilizations around the world. China: Ancient Arts and Sciences tells the story of four of these revolutionary Chinese technologies: printing, paper making, gunpowder, and the magnetic compass. Printing and paper making impacted record-keeping and learning for Chinese society. The invention of gunpowder gave the Chinese a distinct advantage over their enemies, changing the nature of warfare. The compass enabled trade and exploration in whole new ways.


am quite in awe of their innovations and endeavour.

bt they are simply not the most powerful in the world, yet devil wink
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Mar 2, 2011 1:24 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
tomcatwarne: Wow England at the top, please note England bashers


rolling on the floor laughing
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Mar 2, 2011 1:25 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
Conrad73: Well,seems Pinky and The Brain have finally succeeded!


in what?

proving jews are highly influential in business and politics?
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Mar 2, 2011 1:26 AM CST Understanding The True Nature Of Politics And Its Finality
tomcatwarne
tomcatwarnetomcatwarneOcean City, Plumouth, Devon, England UK289 Threads 7 Polls 17,106 Posts
emmaline: am quite in awe of their innovations and endeavour.

bt they are simply not the most powerful in the world, yet



Yet, oh my gosh..... and none of them are joosgrin angel devil
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Mar 2, 2011 1:26 AM CST Understanding The True Nature Of Politics And Its Finality
gininitaly
gininitalygininitalyPadova, Veneto Italy23 Threads 2,454 Posts
emmaline: am quite in awe of their innovations and endeavour.

bt they are simply not the most powerful in the world, yet


But we have given them our most advanced technology to replicate... we have helped them to jump the whole R&D that the US had to pay for.. which gives them a good edge on catching up very fast.
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Mar 2, 2011 1:26 AM CST Understanding The True Nature Of Politics And Its Finality
emmaline
emmalineemmalineatlanta, Georgia USA6 Threads 1,685 Posts
Conrad73: Well,seems Pinky and The Brain have finally succeeded!


i have to go everyone. been nice playing, but i got a man coming over and must get ready blushing devil
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Mar 2, 2011 1:29 AM CST Understanding The True Nature Of Politics And Its Finality
tomcatwarne
tomcatwarnetomcatwarneOcean City, Plumouth, Devon, England UK289 Threads 7 Polls 17,106 Posts
emmaline: i have to go everyone. been nice playing, but i got a man coming over and must get ready



So long Emma, have fungrin devil devil devil devil cool
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Mar 2, 2011 1:29 AM CST Understanding The True Nature Of Politics And Its Finality
gininitaly
gininitalygininitalyPadova, Veneto Italy23 Threads 2,454 Posts
emmaline: i have to go everyone. been nice playing, but i got a man coming over and must get ready


Ciao Em wave ... have fun!
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