What’s new: Four former executives of China National Offshore Oil Corp. Ltd. (CNOOC) have been placed under investigation for “suspected serious violations of discipline and law,” the country’s top graft-buster announced, as an anti-corruption crackdown sweeps through the energy sector.
The targets include Zi Shilong, former deputy general manager of CNOOC’s department of legal and foreign affairs; Cao Shujie, former external director of CNOOC’s group office and former director of a subsidiary; Yu Guimin, ex-Communist Party committee member, deputy general manager and chief engineer of the company’s Tianjin branch; and Deng Jianming, former deputy general manager at the engineering and technical department of CNOOC Ltd., the company’s listed arm, the Central Commission for Discipline Inspection (CCDI) said in separate notices Tuesday.
