Cnooc’s Wang Said to Return to CNPC Amid Leadership Shuffle
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Cnooc Ltd. Chairman Wang Yilin will return to China National Petroleum Corp. amid the latest leadership shuffle at state-run energy companies, according to people familiar with the situation.
Cnooc Vice Chairman Yang Hua will replace Wang and also assume his chairmanship role at the company’s parent China National Offshore Oil Corp., according to the people, who asked not to be identified because the appointments haven’t been announced. Wang will take over as chairman of CNPC.