日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Anti-graft drive to clean up oil industry

By Li Xiang (China Daily) Updated: 2015-03-20 07:14

The anti-corruption drive, which has brought down many senior executives at the State-owned oil giants, has combined with plunging crude prices to darken the outlook for China's petroleum industry.

But the result could be a more efficient industry with a disciplined and transparent system, analysts said.

At least 45 middle- and high-ranking executives from China National Petroleum Corp, the nation's top oil and gas producer, and its subsidiaries are being investigated for corruption allegations.

Liao Yongyuan, CNPC's general manager, was the latest to be sacked and face a corruption investigation.

CNPC's domestic rivals - China Petroleum & Chemical Corp (better known as Sinopec) and China National Offshore Oil Corp - are not immune to the anti-corruption campaign, because the country's graft investigators are digging deeper into the oil industry.

Some foreign observers said that the "surgical removal" of officials from the oil companies might disrupt development strategies.

Others said that the industry may be restructured at the upstream end, which includes such activities as exploration and production. These segments are prone to corruption because they are among the most monopolistic and profitable areas for oil companies.

Zhang Jinghua, an energy analyst at Bohai Securities Co, said the bright side of the corruption scandals is an acceleration in the reform of oil companies, which are streamlining their business operations under mounting cost pressures.

The government has moved to end the dominance of the State-owned oil giants through mixed ownership reform. CNPC will sell a 49 percent stake in its oilfields in the resource-rich Xinjiang Uygur autonomous region to other investors, including private companies.

The company is scheduled to report its 2014 results next Thursday, and analysts have forecast a substantial earnings decline due to the oil price slump.

Han Xiaoping, chief information officer of China Energy Net Consulting Co Ltd, said that the reshuffling of senior executives as a result of the corruption probe could offer regulators an opportunity to initiate substantial reform, which might otherwise face strong internal resistance.

Sinopec has stepped up internal inspections by bringing in 28 Party discipline inspectors.

But Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University, said that it is an exaggeration to claim that the corruption uncovered by the graft investigators will accelerate reforms.

"Given the massive scale of corruption, the problem is no longer a series of isolated cases. The entire system is broken, and it is up to the regulator to drive reforms from the very top," he said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩av成人网| 国产区二区 | 国产又粗又猛又黄视频 | 亚洲欧美日韩在线播放 | 日本美女性爱视频 | 综合天堂av久久久久久久 | 99热这里只有精品8 h片免费在线观看 | 卡一卡二av | 亚洲一级生活片 | 亚洲一区二区在线免费 | 免费的av片 | 国产丰满果冻videossex | 麻豆回家视频区一区二 | 欧美激情一区在线 | 日本三级黄色录像 | 亚洲国产精品久久久久久 | 国产日比视频 | 日本一区二区视频在线 | 成人欧美一区二区三区在线观看 | www日本com| 久久精品一二三区 | 亚洲国产成人在线 | 国产精品资源站 | 色综合中文 | 岛国精品在线 | 日韩在线观看网站 | 国产精品久久久久久久av | 丁香九月激情 | 四虎永久免费在线 | 国产成人精品亚洲 | 国产999在线 | 欧美午夜性 | 国产精品mv | 中文字幕日韩欧美 | 青青综合网| 超碰丝袜 | 九九资源站| 深夜久久| www成人免费视频 | 免费看亚洲 | 日本国产在线观看 |