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China oil majors may face US delisting after telcos cut – Sydney Morning Herald

China’s largest offshore oil producer CNOOC (China National Offshore Oil Corporation) could be most at risk as the New York Stock Exchange tightens the screws.

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Chinese oil majors may be next in line for delisting in the US after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest telecom companies.
China’s largest offshore oil producer CNOOC (China National Offshore Oil Corporation) could be most at risk as it’s on the Pentagon’s list of companies it says are owned or controlled by Chinese military, according to Bloomberg Intelligence analyst Henik Fung. PetroChina and China Petroleum and Chemical Corporation, also…

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