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China National Petroleum may combine units to create a single natural gas company to compete with private rivals, ahead of an inflow of Russian fuel at the end of the decade, Bloomberg reports.
Chinese authorities have begun criminal investigations into three former high-ranking officials over corruption allegations, state media said on Monday, two of whom were allies of powerful, retired domestic security chief Zhou Yongkang.
PetroChina Co. is committed to completing its C$1.32 billion purchase of the stake it doesn't own in the Dover oil-sands project in Canada soon, according to the Beijing-based company's parent.
Updated: Fri Jul 18, 2014 06:11 pm
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