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: 婷婷社区五月天 | 成人免费视频观看视频 | 精品99视频 | 日本色视频 | 欧美成人一区二区三区 | a网站在线观看 | 少妇性高潮视频 | 日韩永久免费 | 日韩视频中文字幕在线观看 | 欧美群p | 伊人精品一区二区三区 | 日韩首页| 欧美日韩在线视频观看 | 欧美大片免费看 | 免费一级片在线观看 | 男人的天堂久久久 | 天天舔天天射 | www国产视频 | 久久久久久久久影院 | 91社在线观看 | 欧美日韩在线综合 | 午夜亚洲视频 | 亚洲经典在线观看 | 精品免费一区二区三区 | a级黄色免费视频 | 国产色视频 | www.超碰在线观看 | 午夜视频a | 黄色片网站视频 | 午夜视频入口 | 欧美日韩午夜 | 久久综合影视 | 成人69视频| 亚洲男人天堂影院 | 天天做天天爱天天爽综合网 | 国产精品精品 | 欧美日韩精品久久久免费观看 | 国产精品18p | 欧美理论在线观看 | 国产精彩视频 | 欧美日韩一区二区在线视频 |