Latest news with #ChinaNationalPetroleumCorp
Qatar Tribune
23-05-2025
- Business
- Qatar Tribune
Kaabi meets with senior executives of Chinese energy firms
Minister of State for Energy Affairs and President and CEO of QatarEnergy HE Saad Sherida Al Kaabi held cooperation talks with senior executives of major Chinese energy companies on the sidelines of the World Gas Conference in Beijing. Minister Al Kaabi met separately with DAI Houliang, chairman of China National Petroleum Corp (CNPC), ZHOU Xinhuai, president of China National Offshore Oil Corporation (CNOOC), and MA Yongsheng, chairman of China Petroleum & Chemical Corporation (Sinopec). Discussions during the three meetings focused on strengthening existing and future cooperation and bilateral relations in the energy sector. The minister was accompanied during the meetings by a high-level delegation.
The Star
13-05-2025
- Business
- The Star
Former China National Petroleum Corp chairman sentenced to 13 years in prison for bribery
FILE PHOTO: Wang Yilin attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia June 6, 2019. -Photo: Reuters file BEIJING: Wang Yilin, a former chairman of state-owned China National Petroleum Corp (CNPC), was sentenced to 13 years in prison for bribery and fined 3 million yuan (US$416,667), state-run CCTV reported on Tuesday (May 13). State media reported in July 2024 that Wang, who retired from CNPC in 2020, had been expelled from China's ruling Communist Party for discipline violations. The report said he was under investigation for illegally accepting high-value assets and taking advantage of his position to help others seek benefits in project contracting. CNPC, which is the parent company of listed PetroChina , did not immediately respond to a request for comment. The company said in a statement last year that it firmly supported Wang's expulsion from the Party, which it said showed the organisation's "zero-tolerance" stance on corruption. Prior to his role as CNPC chairman, Wang was at the helm of China National Offshore Oil Corp, or CNOOC, the parent of listed CNOOC Ltd. - Reuters ($1 = 7.2000 Chinese yuan renminbi)
Straits Times
13-05-2025
- Business
- Straits Times
Former CNPC chairman sentenced to 13 years in prison for bribery
Former chairman of China National Petroleum Corp Wang Yilin was sentenced to 13 years in prison for bribery. PHOTO: REUTERS Former CNPC chairman sentenced to 13 years in prison for bribery BEIJING - Wang Yilin, a former chairman of state-owned China National Petroleum Corp (CNPC), was sentenced to 13 years in prison for bribery and fined 3 million yuan (S$543,626), state-run CCTV reported on May 13 . State media reported in July 2024 that Wang, who retired from CNPC in 2020, had been expelled from China's ruling Communist Party for discipline violations. The report said he was under investigation for illegally accepting high-value assets and taking advantage of his position to help others seek benefits in project contracting. CNPC, which is the parent company of listed PetroChina, did not immediately respond to a request for comment. The company said in a statement in 2024 that it firmly supported Wang's expulsion from the party, which it said showed the organisation's 'zero-tolerance' stance on corruption. Prior to his role as CNPC chairman, Wang was at the helm of China National Offshore Oil Corp, or CNOOC, the parent of listed CNOOC Ltd. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Yahoo
13-05-2025
- Business
- Yahoo
Former CNPC chairman sentenced to 13 years in prison for bribery
By Colleen Howe BEIJING (Reuters) -Wang Yilin, a former chairman of state-owned China National Petroleum Corp (CNPC), was sentenced to 13 years in prison for bribery and fined 3 million yuan ($416,667), state-run CCTV reported on Tuesday. State media reported in July 2024 that Wang, who retired from CNPC in 2020, had been expelled from China's ruling Communist Party for discipline violations. The report said he was under investigation for illegally accepting high-value assets and taking advantage of his position to help others seek benefits in project contracting. CNPC, which is the parent company of listed PetroChina, did not immediately respond to a request for comment. The company said in a statement last year that it firmly supported Wang's expulsion from the Party, which it said showed the organisation's "zero-tolerance" stance on corruption. Prior to his role as CNPC chairman, Wang was at the helm of China National Offshore Oil Corp, or CNOOC, the parent of listed CNOOC Ltd. ($1 = 7.2000 Chinese yuan renminbi)
Bloomberg
01-05-2025
- Business
- Bloomberg
Venezuela Pleads for China to Buy Oil as Trump Kicks Chevron Out
Venezuelan Vice President Delcy Rodríguez asked Chinese officials to step up oil purchases during a visit to Beijing last week, as the nation seeks to preempt the US-ordered exit of Chevron Corp. and other foreign energy operators next month. Rodríguez, who also runs Venezuela's energy ministry, met with Chinese Vice President Han Zheng and China National Petroleum Corp. Chairman Dai Houliang in Beijing on Thursday and Friday of last week, according to Chinese state media. During the meetings, Rodríguez asked China to increase oil purchases and help provide the diluent and light crude needed to process and export Venezuela's tar-like oil, according to people briefed on the matter.
