Oil companies take on China
Updated
Two of the world's largest oil companies are taking on China in a dispute that involves Vietnam and the South China Sea.
This week Vietnam's state oil group Petrovietnam announced the resumation of oil exploration with two joint venture partners BP and Exxon Mobil. Beijing responded by telling Exxon Mobil to pull out of the deal. Last year BP suspended its planned seismic surveys following chinese criticism
Presenter: Claudette Werden
Speakers: Dr Fereidun Fesharaki, chairman and CEO of FACTS Global Energy consultancy; Dr Kang Wu, senior research fellow at the Hawai based East West centre; Victor Shun -Singapore based oil analyst.
