Zheng, 2017 [24]

Oil security is the major concern of China’s energy policy due to the no effective substitute oil and the heavy reliance on internationally imported crude oil.

American Journal of Industrial and Business Management

Liu & Ma, 2016 [40]

The low oil price has resulted in business performance decline of oil and gas companies.

Natural Gas Industry B

Li, Cheng, & Yang, 2015 [41]

The oil industry is mainly influenced by domestic demand shock, while plays the dominant factor of the returns of oil exploitation and oil sales industries.

Energy Procedia

Wu, 2014 [9]

China is now a net importer of oil, natural gas, and coal.

Energy Policy

Jiang et al. 2016 [42]

The low-cost strategy will be indispensable to oil and gas business.

Natural Gas Industry B

Yang et al., 2016 [4]

China is the world’s largest emitter of greenhouse gases, sulfur dioxide, nitrogen oxides and particular matter.

Environmental Development

Yang, Tong, & Ou, 2014 [43]

If China’s energy consuming sectors adopted appropriate energy-saving technologies, total energy-savings would be 200 million, 450 million, 650 million and 800 million tons of standard coal in 2015, 2020, 2025 and 2030, respectively.

Open Journal of Energy Efficiency

Pan et al., 2017 [21]

Over-capacity in China’s refining industry is at the severest level. The measurement reveals the driven-force of over-capacity from supply chain perspective and demonstrates a quantitative method to figure out the proper capacity of energy supply industry.

Applied Energy

Burger & Luke, 2017 [44]

Continued cost declines, technological innovation, and changing policy and regulatory landscapes mean the business models of tomorrow will likely look very different than the business models of today.

Energy Policy

Tang et al., 2018 [12]

The changes in tax policies have become the important factors of risk in oil and gas investment.

Journal of Petroleum Science and Engineering

Duan et al., 2018 [5]

Overseas energy investment as an effective way of securing energy supply is being favored by the world’s leading energy-consuming countries.

Journal of Cleaner Production