The Traderszone Network

Published in TZ Latest News 25 May, 2014 by The TZ Newswire Staff

China’s Oil Giant at Center of Corruption Probe

Grins were on the faces of China National Petroleum executives this week as they celebrated a blockbuster 30-year deal for Russian gas. For some, however, those grins could soon turn to grimaces, because the deal comes against a backdrop of a series of high profile corruption investigations by the state, and CNPC has been caught in the dragnet.

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