Archive for 3.1 Restructuring of the Oil Industry

China’s Petroleum Industry After Reshuffle: the Advent of A New Era

China’s petroleum industry has been restructured in accordance with the government’s institutional reform plan approved by the National People’s Congress in March 1998.The restructuring constitutes a substantial change in the management system of China’s petroleum industry since the country began the reform and opening process, and also a strategic reorganization of the industry’s assets.

3 Oil & Gas, 3.1 Restructuring of the Oil Industry