Caixin OnlineBusiness & IndustryTop Stories Industry CNPC Scandal Has Links to Oil Fields in Iraq
11.22.2013 19:39

CNPC Scandal Has Links to Oil Fields in Iraq

Zhou Bin and classmate arranged deal that involved shipping Chinese equipment though United States to company in the Middle Eastern country
By staff reporters Huang Kaixi, Yu Ning, Wang Xiaoqing, Li Xuena and Wang Duan

(Xi'an) – A legal storm that started with China's largest state-owned oil company has expanded to include Iraq and led to the detention of more people.

Mi Xiaodong, a former mid-level official at China National Offshore Oil Corp. (CNOOC) was detained by party discipline officials in early October, sources say. The source also said Mi was managing oil business for Zhou Bin, former chairman of Beijing Zhongxu Yangguang Petroleum and Natural Gas Technology Ltd.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Sign up to receive our free daily newsletter


Latest Issue
On the Cover:

Hong Kong Prop

Issue 98
February , 2016



Economics & Finance
Latest Issue:
Hong Kong Prop
China's central bank is supporting the yuan and fending off short-sellers in the world's largest offshore yuan market
Issue 98

Subscribe       |       Newsletter        |        FAQ