Sinopec Chairman Fu Chengyu Retires


BEIJING, May 4 (Reuters) – Fu Chengyu, the chairman of China Petroleum and Chemical Corporation, or Sinopec Group, has retired, the Chinese state-owned enterprise said on Monday.

Fu, the industry's most recognised executive, will be succeeded by Wang Yupu, a former deputy director of China Academy of Engineering and an oil industry veteran, with prior experience of working at the country's flagship Daqing oilfield.

Sinopec Group is the parent of Sinopec Corp, Asia's largest oil refiner.

Fu became Sinopec chairman in April 2011 after more than 30 years with China National Offshore Oil Company, the country's third-largest oil and gas firm.

(Reporting by Chen Aizhu; Editing by Biju Dwarakanath)

Copyright 2017 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
SR HR Business Partner - Rockies
Expertise: HR - General
Location: Platteville, CO
Project Manager II
Expertise: Estimating|Project Controls|Project Management
Location: Hayward, CA
HRLT and Communications Assistant Job
Expertise: HR - General|Secretarial or Administrative
Location: Houston, TX
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours