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Social responsibility and resource extraction: Are Chinese oil companies different?

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Listed:
  • Pegg, Scott

Abstract

In order to meet China’s rapidly increasing demand for oil, Chinese oil companies have been investing in oil production around the world. This article addresses one specific aspect of the more generalized fears expressed about China’s increasing demand for natural resources which is the impact that its oil companies will have on the corporate social responsibility (CSR) movement. In doing so, it limits its analysis to the three main Chinese oil companies: the China National Petroleum Corporation (CNPC), the China Petroleum and Chemical Corporation (Sinopec) and the China National Offshore Oil Corporation (CNOOC) and their investments in sub-Saharan Africa.

Suggested Citation

  • Pegg, Scott, 2012. "Social responsibility and resource extraction: Are Chinese oil companies different?," Resources Policy, Elsevier, vol. 37(2), pages 160-167.
  • Handle: RePEc:eee:jrpoli:v:37:y:2012:i:2:p:160-167
    DOI: 10.1016/j.resourpol.2011.01.002
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    References listed on IDEAS

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    1. Kolstad, Ivar & Wiig, Arne, 2009. "Is Transparency the Key to Reducing Corruption in Resource-Rich Countries?," World Development, Elsevier, vol. 37(3), pages 521-532, March.
    2. Virginia Haufler, 2010. "Disclosure as Governance: The Extractive Industries Transparency Initiative and Resource Management in the Developing World," Global Environmental Politics, MIT Press, vol. 10(3), pages 53-73, August.
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    Cited by:

    1. repec:eee:worbus:v:53:y:2018:i:1:p:27-38 is not listed on IDEAS
    2. Botelho, Tatiana & Magrini, Alessandra & Schaeffer, Roberto, 2014. "Plumbing the depths: Utilizing O&G reserve profiles to develop forward-looking risk assessments for exploration and production activities," Energy Policy, Elsevier, vol. 69(C), pages 489-500.
    3. repec:eee:jrpoli:v:52:y:2017:i:c:p:217-225 is not listed on IDEAS
    4. Van Alstine, James & Barkemeyer, Ralf, 2014. "Business and development: Changing discourses in the extractive industries," Resources Policy, Elsevier, vol. 40(C), pages 4-16.
    5. Tang-Lee, Diane, 2016. "Corporate social responsibility (CSR) and public engagement for a Chinese state-backed mining project in Myanmar – Challenges and prospects," Resources Policy, Elsevier, vol. 47(C), pages 28-37.
    6. Elisa Giuliani & Chiara Macchi, 2013. "Multinational Corporations’ Economic And Human Rights Impacts On Developing Countries: A Review And Research Agenda," Discussion Papers 2013/158, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
    7. Wang, Qiang & Li, Rongrong, 2016. "Sino-Venezuelan oil-for-loan deal – the Chinese strategic gamble?#," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 817-822.
    8. repec:kap:jbuset:v:143:y:2017:i:4:d:10.1007_s10551-016-3073-2 is not listed on IDEAS

    More about this item

    Keywords

    China; Africa; Oil; Chinese oil companies; Corporate social responsibility;

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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