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Tag Archives: cnpc

Iran makes $6 billion deal with Total, CNPC

total SA, Iran

According to the Wall Street Journal, Iran plans to sign a preliminary $6 billion deal with Total SA on Tuesday to help develop an onshore gas field. The move by Total is the first return by a Western energy company since sanctions were lifted this year. Total was long one of the most active Western oil companies in Iran, and ...

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GM of China’s largest oil refiner under investigation

BEIJING — The general manager of China’s largest oil refiner, Sinopec, has been placed under criminal investigation amid an ongoing crackdown on corruption. A one-sentence notice from the ruling Communist Party’s anti-corruption watchdog body on Monday said Wang Tianpu was suspected of serious violations of laws and discipline. The phrase usually refers to corruption and abuse of power. Wang had ...

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PetroChina vice chairman under investigation amid graft crackdown

BEIJING – PetroChina Vice Chairman Liao Yongyuan is being investigated for “serious disciplinary violations,” the company said, as an anti-corruption crackdown reaches deeper into the Chinese state-owned oil giant. In a brief statement issued late on Monday, PetroChina said the company, China’s top oil and gas producer, was operating normally. Liao is the most senior of two vice chairmen at ...

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China’s top oil firm blacklisted for environmental breaches

china

BEIJING Feb 13 (Reuters) – The China National Petroleum Corporation (CNPC), the country’s biggest oil producer, has been put on a pollution blacklist for the second time in six months after breaching regulations at one of its refineries, the state environment watchdog said. As Beijing tries to placate public complaints about the condition of the country’s air, water and soil, ...

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