Fuelling the Future
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FU Chengyu Professor of Management Practice of Governance and Innovations at Large Corporations, CKGSB
FU Chengyu Professor of Management Practice of Governance and Innovations at Large Corporations, CKGSB Mr. Fu was born in 1951 in Heilongjiang Province, China. He graduated from China’s Northeast Petroleum Institute majoring in geology, and later received a master's degree in petroleum engineering from the University of Southern California USA.. Mr. Fu has over 40 years of experience in the oil & gas industry. He had been Chairman and CEO of CNOOC, Chairman of SINOPEC, member of the 17th the Central Commission for Discipline Inspection (CCDI) and member of the 12th Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC), a political advisory body in China. He was the member of the board of the UN Global Compact (UNGC) and is Honorary Chairman of UNGC Network China. He is currently the Board Member of Trustees of the University of Southern California and the member of the Advisory Board of Center for Global Energy Policy (CGEP), Columbia University, member of the board of directors of the school of international strategy of Peking University, vice chairman of the industrial transformation advisory committee of the Internet industry research institute of Tsinghua University and the member of the University council of Shanghai Tech University. Over last 40 years in the oil industry Mr. Fu had almost 20 years experience working with international Oil & Gas companies in Joint Venture and he was one of the first Chinese executive appointed by foreign company in China in 1995. Mr. Fu has been well recognized in the global oil & gas industry and the capital markets. -
Resignation and Proposed Appointment of Directors
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 0386) RESIGNATION AND PROPOSED APPOINTMENT OF DIRECTORS The Board announces that Mr. Su Shulin has tendered his resignation as chairman and a non-executive Director with immediate effect, and Mr. Fu Chengyu has been proposed to be appointed as a non-executive Director, subject to the approval of the shareholders of Sinopec Corp. by way of ordinary resolution(s) at the AGM. RESIGNATION OF DIRECTOR The board (the “Board”) of directors (the “Directors”) of China Petroleum & Chemical Corporation (“Sinopec Corp.”) announces that, due to new working arrangement, Mr. Su Shulin has tendered his resignation as chairman and a non-executive Director on 19 April 2011 with immediate effect. Mr. Su Shulin has confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation as chairman and a non-executive Director that need to be brought to the attention of the shareholders of Sinopec Corp. Mr. Su Shulin is diligent and responsible during his tenure of directorship, taking this opportunity, the Board would like to express its gratitude to Mr. Su for his hard work and contribution to Sinopec Corp. -
Election of Chairman
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 0386) ELECTION OF CHAIRMAN The Board is pleased to announce that Mr. Fu Chengyu has been elected as chairman of the Fourth Session of the Board of Sinopec Corp. at the Fourteenth Meeting of the Fourth Session of the Board held on 13 May 2011 with immediate effect. ELECTION OF CHAIRMAN The board (the “Board”) of directors (the “Directors”) of China Petroleum & Chemical Corporation (“Sinopec Corp.”) is pleased to announce that Mr. Fu Chengyu, whose appointment as a non-executive Director has been approved at the Annual General Meeting for 2010 of Sinopec Corp., has been elected as chairman of the Fourth Session of the Board of Sinopec Corp. at the Fourteenth Meeting of the Fourth Session of the Board held on 13 May 2011 with immediate effect. Mr. Fu Chengyu Fu Chengyu, aged 59, Chairman of Board of Directors of China Petrochemical Corporation, President and Secretary of Communist Party of China (CPC) Leading Group of China Petrochemical Corporation. Mr. Fu is a senior economist with a master degree. From 1983, Mr. Fu served as the Chairman of the Management Committees formed through joint ventures between China National Offshore Oil Corporation (“CNOOC”) and some large foreign petroleum companies such as Amoco, Chevron, Texaco, Phillips Petroleum, Shell and Agip. -
China National Offshore Oil Corporation) – the Future of Chinese State Owned Enterprises
A case study of CNOOC (China National Offshore Oil Corporation) – the future of Chinese state owned enterprises Master Thesis in International Business and Entrepreneurship Xin Tong 19780314 Ye Li 19840421 Tutor: Jean-Charles Languilaire Date: 23/11/2009 Abstract Title: A case study of CNOOC (China National OffshoreOil Corporation) – the future of Chinese state owned enterprises Program: International Business and Entrepreneurship Authors: Xin Tong Ye Li Supervisor: Jean-Charles Languilaire Date: 23/11/2009 Problem Statement: How CNOOC as a Chinese state-owned enterprise became a multinational enterprise? Purpose: The main purpose of this dissertation is to understand why CNOOC needs to be a multinational enterprise and what kind of expansion process that CNOOC is taking, which theories could explain those CNOOC’s internationalization activities. According to the successful experience of CNOOC, we will try to find an appropriate developing way for other Chinese state-owned enterprises. Method: We will explain why we chose the target company how we perform our research process, how we collect primary data and secondary data and what sort of analytical approach we have chosen. Theoretical Framework: We start with the definitions of state-owned enterprise and multinational enterprise, the development direction from SOE to MNE; then the market entry mode of internationalization, follows by the entrepreneurial perspective which is the internal factors of the transformation, and end with the relationship between politics and economy perspective. Conclusion: The process of CNOOC became a multinational enterprise is a gradual process. By fully using and integrating of its internal strength and resources, the strong support from government, ensuring its competitive advantage and position in the domestic market as a premise, persisting in international development strategy, using flexible market entry mode and diversified development patterns, CNOOC had successfully achieved the transformation from the state-owned enterprises to multinational enterprise. -
Essays on China's Political Organization And
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Grünberg, Nis Doctoral Thesis The Party-state Order: Essays on China’s Political Organization and Political Economic Institutions PhD Series, No. 3.2018 Provided in Cooperation with: Copenhagen Business School (CBS) Suggested Citation: Grünberg, Nis (2018) : The Party-state Order: Essays on China’s Political Organization and Political Economic Institutions, PhD Series, No. 3.2018, ISBN 9788793579538, Copenhagen Business School (CBS), Frederiksberg, http://hdl.handle.net/10398/9596 This Version is available at: http://hdl.handle.net/10419/209052 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen -
Chinese Nocs and World Energy Markets: Cnpc, Sinopec and Cnooc
THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY RICE UNIVERSITY CHINESE NOCS AND WORLD ENERGY MARKETS: CNPC, SINOPEC AND CNOOC BY STEVEN W. LEWIS JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY PREPARED IN CONJUNCTION WITH AN ENERGY STUDY SPONSORED BY THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY AND JAPAN PETROLEUM ENERGY CENTER RICE UNIVERSITY – MARCH 2007 THIS PAPER WAS WRITTEN BY A RESEARCHER (OR RESEARCHERS) WHO PARTICIPATED IN THE JOINT BAKER INSTITUTE/JAPAN PETROLEUM ENERGY CENTER POLICY REPORT, THE CHANGING ROLE OF NATIONAL OIL COMPANIES IN INTERNATIONAL ENERGY MARKETS. WHEREVER FEASIBLE, THIS PAPER HAS BEEN REVIEWED BY OUTSIDE EXPERTS BEFORE RELEASE. HOWEVER, THE RESEARCH AND THE VIEWS EXPRESSED WITHIN ARE THOSE OF THE INDIVIDUAL RESEARCHER(S) AND DO NOT NECESSARILY REPRESENT THE VIEWS OF THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY NOR THOSE OF THE JAPAN PETROLEUM ENERGY CENTER. © 2007 BY THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY OF RICE UNIVERSITY THIS MATERIAL MAY BE QUOTED OR REPRODUCED WITHOUT PRIOR PERMISSION, PROVIDED APPROPRIATE CREDIT IS GIVEN TO THE AUTHOR AND THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY ABOUT THE POLICY REPORT THE CHANGING ROLE OF NATIONAL OIL COMPANIES IN INTERNATIONAL ENERGY MARKETS Of world proven oil reserves of 1,148 billion barrels, approximately 77% of these resources are under the control of national oil companies (NOCs) with no equity participation by foreign, international oil companies. The Western international oil companies now control less than 10% of the world’s oil and gas resource base. In terms of current world oil production, NOCs also dominate. -
The Party-State Order Essays on China’S Political Organization and Political Economic Institutions Grünberg, Nis
The Party-state Order Essays on China’s Political Organization and Political Economic Institutions Grünberg, Nis Document Version Final published version Publication date: 2018 License CC BY-NC-ND Citation for published version (APA): Grünberg, N. (2018). The Party-state Order: Essays on China’s Political Organization and Political Economic Institutions. Copenhagen Business School [Phd]. PhD series No. 03.2018 Link to publication in CBS Research Portal General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. Take down policy If you believe that this document breaches copyright please contact us ([email protected]) providing details, and we will remove access to the work immediately and investigate your claim. Download date: 30. Sep. 2021 COPENHAGEN BUSINESS SCHOOL AND POLITICAL ECONOMIC INSTITUTIONS POLITICAL ORGANIZATION ON CHINA’S ORDER: ESSAYS THE PARTY-STATE KILEVEJ 14A, K.3.50 DK-2000 FREDERIKSBERG DANMARK WWW.CBS.DK ISSN 0906-6934 Print ISBN: 978-87-93579-52-1 Online ISBN: 978-87-93579-53-8 Nis Grünberg THE PARTY-STATE ORDER ESSAYS ON CHINA’S POLITICAL ORGANIZATION AND PO- LITICAL ECONOMIC INSTITUTIONS PhD School in Economics and Management PhD Series 03.2018 PhD Series 0 3 -2018 The Party-state order: Essays on China’s political organization and political economic institutions Nis Grünberg Supervisors: -
Historical Dictionary of the Chinese Economy
The historical dictionaries present essential information on a broad range of subjects, including American and world history, art, business, cities, countries, cultures, customs, film, global conflicts, international relations, literature, music, philosophy, religion, sports, and theater. Written by experts, all contain highly informative introductory essays on the topic and detailed chronologies that, in some cases, cover vast historical time periods but still manage to heavily feature more recent events. Brief A–Z entries describe the main people, events, politics, social issues, institutions, and policies that make the topic unique, and entries are cross-referenced for ease of browsing. Extensive bibliographies are divided into several general subject areas, provid- ing excellent access points for students, researchers, and anyone wanting to know more. Additionally, maps, photographs, and appendixes of supplemental information aid high school and college students doing term papers or introductory research projects. In short, the historical dictionaries are the perfect starting point for anyone looking to research in these fields. HISTORICAL DICTIONARIES OF ASIA, OCEANIA, AND THE MIDDLE EAST Jon Woronoff, Series Editor Guam and Micronesia, by William Wuerch and Dirk Ballendorf. 1994. Palestine, by Nafez Y. Nazzal and Laila A. Nazzal. 1997. Lebanon, by As’ad AbuKhalil. 1998. Azerbaijan, by Tadeusz Swietochowski and Brian C. Collins. 1999. Papua New Guinea, Second Edition, by Ann Turner. 2001. Cambodia, by Justin Corfield and Laura Summers. 2003. Saudi Arabia, Second Edition, by J. E. Peterson. 2003. Nepal, by Nanda R. Shrestha and Keshav Bhattarai. 2003. Kyrgyzstan, by Rafis Abazov. 2004. Indonesia, Second Edition, by Robert Cribb and Audrey Kahin. 2004. Republic of Korea, Second Edition, by Andrew C. -
Journal of Current Chinese Affairs
China Data Supplement January 2008 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC ......................................................................... 2 LIU Jen-Kai The Main Provincial Leadership of the PRC ..................................................................... 31 LIU Jen-Kai Data on Changes in PRC Main Leadership ...................................................................... 38 LIU Jen-Kai PRC Agreements with Foreign Countries ......................................................................... 57 LIU Jen-Kai PRC Laws and Regulations .............................................................................................. 68 LIU Jen-Kai Hong Kong SAR ................................................................................................................ 74 LIU Jen-Kai Macau SAR ....................................................................................................................... 81 LIU Jen-Kai Taiwan .............................................................................................................................. 85 LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Studies Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 January 2008 The Main National Leadership of -
A Risk Analysis of China's Oil Enterprises--Takes CNOOC's
2016 National Convention on Sports Science of China, 01056 (2017) DOI: 10.1051/ ncssc/201701056 The M&A risk analysis of china's oil enterprises--takes CNOOC’s acquisition for unocal as an example Jingxia Yu Jilin Business and Technology College, Changchun 130062, China Abstract. It has been more than 30 years since reform and opening up, China's economy continues to grow. Especially in recent years, our GDP is growing at close to 7%, which provides the enterprises a better macroscopic development environment in our country. However, long-term extensive economic development mode consumes immense amount energy. Because China has proven oil reserves and production cannot meet the rapid growth in demand, and to face the world energy market for petroleum resources, the national oil security has become a crucial research topic. 1 China’s Oil Cross-border M&A Risk situation will arise, more possible, mergers and acquisitions will encounter greater risk. The risk of Analysis exchange rate. Oil production cost is becoming higher day by day at present, the financing risk could increase. 1.1 China’s oil Enterprise cross-border M&A risk assessment 1.1.3 The risk in the later period stage of M&A M & A is a long-term and arduous task. The risks of the 1.1.1 The risk of preparation stage of M&A operation and management and the risk of cultural integration in the latter part of M & A will also affect the Political risks are decided by the particularity of oil. First success or failure of M & A. -
Navigating Through US-China Policy
University of Denver Digital Commons @ DU Electronic Theses and Dissertations Graduate Studies 1-1-2010 Navigating Through U.S.-China Policy: An Investigation of China National Off-Shore Oil Corporation's Proposed Acquisition of Unocal Corporation and How Domestic Politics Plays a Role in Balancing U.S. Trade Policy with National Security Policy Vicki Lynn Spencer University of Denver Follow this and additional works at: https://digitalcommons.du.edu/etd Part of the International Relations Commons, and the International Trade Law Commons Recommended Citation Spencer, Vicki Lynn, "Navigating Through U.S.-China Policy: An Investigation of China National Off-Shore Oil Corporation's Proposed Acquisition of Unocal Corporation and How Domestic Politics Plays a Role in Balancing U.S. Trade Policy with National Security Policy" (2010). Electronic Theses and Dissertations. 1385. https://digitalcommons.du.edu/etd/1385 This Dissertation is brought to you for free and open access by the Graduate Studies at Digital Commons @ DU. It has been accepted for inclusion in Electronic Theses and Dissertations by an authorized administrator of Digital Commons @ DU. For more information, please contact [email protected],[email protected]. NAVIGATING THROUGH U.S.-CHINA POLICY: An Investigation of China National Off-Shore Oil Corporation’s Proposed Acquisition of Unocal Corporation and How Domestic Politics Plays a Role in Balancing U.S. Trade Policy with National Security Policy __________ A Dissertation Presented to The Faculty of the Korbel School of International Studies University of Denver __________ In Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy __________ by Vicki L. -
The Structure of China's Oil Industry
May 2016 The structure of China’s oil industry: Past trends and future prospects Michal Meidan OIES PAPER: WPM 66 OIES Research Associate The contents of this paper are the authors’ sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its members. Copyright © 2016 Oxford Institute for Energy Studies (Registered Charity, No. 286084) This publication may be reproduced in part for educational or non-profit purposes without special permission from the copyright holder, provided acknowledgment of the source is made. No use of this publication may be made for resale or for any other commercial purpose whatsoever without prior permission in writing from the Oxford Institute for Energy Studies. ISBN 978-1-78467-057-3 i The structure of China’s oil industry: Past trends and future prospects Contents Figures ................................................................................................................................................... ii Tables ..................................................................................................................................................... ii Glossary ................................................................................................................................................. 1 1. Introduction ....................................................................................................................................... 3 2. The origins of China’s oil and gas industry: From self-sufficient