sinopec

Infographic: China’s State-Owned Enterprises

Ministry of Tofu has translated an infographic from CNpolitics.org which illustrates the dominance of state-owned enterprises among China’s largest companies. The largest private Chinese company, Huawei, ranks just 39th...

Wikileaks Uncovers Honeytrapped Chinese Officials

The Taipei Times reports the alleged capture of high-ranking Chinese officials in a “honey trap” set by a Taiwanese intelligence operative. The story was uncovered by American diplomatic cables recently released by...

China Moves Top Bosses in Oil Sector

The Chinese government has announced that Fu Chengyu, the former chairman of state-owned company Cnooc Ltd., will become the new chairman of Sinopec (China Petrochemical Corp). From Wall Street Journal: China changed top...

Tuesday Map: China’s Oil Empire

Foreign Policy reposts a map created by China’s Economic Observer showing China’s big oil companies’ (CNOOC, CNPC, and Sinopec) interests across the globe. As Foreign Policy points out, Sudan is notable absent...

China’s Sinopec Offers $7.22 Billion for Oil Firm

The New York Times reports: The giant Chinese oil company Sinopec has made a $7.22 billion takeover bid for the international oil and gas exploration company Addax Petroleum, the companies announced Wednesday. The takeover would...

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