Sinopec, Cnooc Parent Rise in Oil Consultant’s Top 100 List
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China Petroleum & Petrochemical Corp. and China National Offshore Oil Corp. each advanced four places in the 2012 Energy Intelligence Group ranking of the top 100 oil companies as acquisitions added to production and reserves.
China Petroleum, or Sinopec, the publicly traded arm of state-owned China Petrochemical Corp., rose to 22nd in the ranking and China National Offshore, parent of Cnooc Ltd., rose to 34th, Ian Nathan, who has compiled the report for the past four years, said today in an interview.