Oil Chief Caught in Ferrari Crash Probe
The South China Morning Post reported on Wednesday that officials have questioned the head of China’s biggest oil and gas producer in connection with a potential cover-up of a March Ferrari crash that...
View ArticleSCMP: Former Security Czar to Face Corruption Probe
South China Morning Post reports that Party leaders have agreed to launch a corruption investigation into former security chief Zhou Yongkang, though the probe may not be made public until after...
View ArticleEnvironment Ministry Suspends Refinery Approvals
On Thursday, China’s Ministry of Environmental Protection froze approvals for new refining projects from China National Petroleum Corporation and Sinopec Group, stating that the two companies have...
View ArticleZhou Yongkang Investigation a “One-Off”
South China Morning Post follows up its report of an impending corruption probe into former security chief and Politburo Standing Committee member Zhou Yongkang. Investigating someone of such seniority...
View ArticleGraft Inquiry Sweeps Up Billionaire Oil Entrepreneur
Following recent anti-corruption investigations into former China National Petroleum Corporation chair Jiang Jiemin and other current and former oil officials associated with Zhou Yongkang, a...
View ArticlePowerful Oil Clique at Center of Probes
Some analysts speculate that the recent series of anti-corruption investigations into some of China’s top oil officials, including former China National Petroleum Corporation chair Jiang Jiemin and...
View ArticleCharge Against Security Chief Linked to Bo Xilai Warning?
As China’s former security chief Zhou Yongkang awaits trial for “bribery, abuse of power and intentional disclosure of state secrets,” Reuters’ Benjamin Kang Lim and Ben Blanchard report that the...
View ArticleChina Investigates Head of Supervisory Commission
As the Xi Jinping administration’s crackdown on corruption intensifies, the government announced Sunday that Jiang Jiemin, director of the State Council’s Assets Supervision and Administration...
View ArticleReuters: Zhou Yongkang Not Direct Target of Investigation
Challenging recent claims in the South China Morning Post, Reuters reports that former security chief and Politburo Standing Committee member Zhou Yongkang is not under investigation for corruption....
View ArticleGazprom, CNPC Near Gas Supply Deal
Reuters reports that Russia’s Gazprom and China’s CNPC have come closer on a strategic gas supply deal – one they hope to sign before the end of this year – but remain far apart on price: Pressure is...
View ArticleSichuan Tycoon Reportedly Detained in Ongoing Crackdown
Wu Bing, a Sichuan-based tycoon linked to the oil industry and embattled former security chief Zhou Yongkang, has reportedly been detained in Beijing, according to the South China Morning Post: Wu, who...
View ArticlePetroChina Executives Told to Hand in Passports
Amid a widening probe into the oil industry, officers of PetroChina have had their passports confiscated. AP reports: PetroChina managers at the level of division chiefs and above were ordered to hand...
View ArticleCNPC Strikes New Venezuelan Oil Deal
Ahead of President Nicolás Maduro’s state visit to Beijing on Saturday, The Wall Street Journal’s Kejal Vyas reports that Venezuelan officials have secured a bounty of investment deals with China this...
View ArticleZhou Yongkang Appears Amid Speculation of Graft Probe
Former security chief Zhou Yongkang, whose associates are at the center of a recent series of anti-corruption investigations into China’s oil industry, made a public appearance on Tuesday at the China...
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Sensitive Words: Zhou Yongkang, Taiwan, Comrades
“Always Together!” (@21世纪经济报道/Weibo) As of October 10, the following search terms are blocked on Sina Weibo (not including the “search for user” function). Other Republics long live+Republic of China...
View ArticleCorruption Crackdown Broadens Into New Industries
The ongoing corruption crackdown in China is broadening out into new industries as it takes down more officials. The ongoing investigation into China National Petroleum Corporation has uncovered a...
View ArticleZhou Aides Fall As Corruption Crackdown Reaches Abroad
On Monday, prosecutors in Hubei charged Wang Yongchun, a former executive at China National Petroleum Corporation and an aide of fallen security czar Zhou Yongkang, with graft and abuse of power. Wang...
View ArticleFujian Governor Under Investigation
Su Shulin, governor of Fujian Province and a former top oil executive, has become the first acting governor to be placed under investigation during Xi Jinping’s ongoing crackdown on corruption. James...
View ArticleZhou Yongkang’s Allies Sentenced [Updated]
Chinese courts announced on Monday, October 12, that two key allies of former security chief Zhou Yongkang, himself sentenced to life in prison in June amid Xi Jinping’s ongoing anti-corruption...
View ArticleOil Deal Lets China Stake Claim in Ecuadorian Amazon
In recent years, as Beijing has been expanding economic ties with Latin America, engagement with Ecuador has been viewed with a mixture of hope and unease—while an inflow of Chinese FDI has been...
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