This paper provides both a quantitative and qualitative analysis of whether the Chinese national oil companies have “overpaid” than international counterparts in overseas asset acquisitions during 2001-2017. Using a hedonic pricing framework, we find that while the Chinese companies did not...

The decision by Saudi Arabia's Crown Prince Mohammed bin Salman to launch the country's ambitious and generational transformation program to wean the Kingdom away from oil under the Vision 2030 plan in 2016 was also an important milestone for Saudi Aramco. The Vision places an important role for...