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Abstract Since 2022, the game among the world’s major powers has intensified, and the overseas oil and gas investment environment has become complicated. Relations among countries in the Middle East have gradually eased, with a stable overall situation and a grim local situation, and the importance of resource countries has been highlighted, with expanding foreign energy cooperation, and diversified economic development; the political situation in Central Asia and Russia is basically stable, the US sanctions on Russia have intensified, and the situation in Kazakhstan and Turkmenistan is stable; Western oil companies have withdrawn from Russia, so Russia’s economic development faces challenges, and Central Asia’s economic development is better than expected, but faces challenges of economic downturn. The political and security situation in Africa is grim, with expanding foreign energy cooperation and slow economic development. In North America, the development of the low-carbon industry is slow and economic development is facing challenges. With the rise of the left wing in Latin America, the situation in Latin America is uncertain and it is difficult for the economy to develop rapidly. It is recommended that Chinese oil enterprises should maintain their focus, implement policies by regions, and cautiously promote overseas oil and gas cooperation.
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Published: 13 January 2023
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