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For China Boss, Deep-Water Rigs Are a 'Strategic Weapon'

Authors :
SPEGELE, BRIAN
MA, WAYNE
Source :
Wall Street Journal - Eastern Edition. 8/30/2012, Vol. 259 Issue 50, pB1-B5. 2p. 1 Color Photograph, 1 Map.
Publication Year :
2012

Abstract

The article discusses the dual roles of Wang Yilin, chairman of Chinese oil company Cnooc Ltd. In addition to pursuing his goal of generating healthy returns for Cnooc, Yilin has also injected his company into China's strategic concerns by positioning a deep-water oil rig in a portion of the South China Sea that is subject to a territorial dispute among China and other Asian nations.

Details

Language :
English
ISSN :
00999660
Volume :
259
Issue :
50
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
79440306