I sometimes find grand geostrategic commentary a bit amusing, in part because there is so little overlap between geostratists and economists. I think Tom Barnett gets some aspects of the global flo…

The CNOOC Unocal saga is over. But CNOOC's ambitions remain: Energy market experts now expect Cnooc, which is controlled by the Beijing government, to explore opportunities throughout the Asia-Pacifi…

I think this is potentially very good news.   It is not quite Tom Barnett's scenario - that would imply BP and Exxon buying up Chinese oil firms or building infrastructure to supply the Chinese marke…

Maybe the US would be better off if China owned Unocal's Asian oil fields Not economically.  Unocal's oil and gas fields are presumably worth a bit more now than they were last summer.  But strategic…