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China’s Top Anti-Graft Regulator to Inspect 26 State Companies

China is singling out 26 state-owned enterprises as targets for its first large-scale inspections in 2015, after similar probes last year found graft and abuse of power.

Energy companies including China National Petroleum Corp., the nation’s biggest oil and gas company, feature on the target list. China National Offshore Oil Corp., the country’s biggest offshore oil and gas explorer, and State Grid Corp. of China are also named, according to a statement yesterday from the Communist Party’s Central Commission for Discipline Inspection.