BEIJING (AP) — Five more executives of Chinese oil companies are being questioned in a spreading anti-graft probe of the industry, a newspaper reported Monday. One of the companies rejected the report as inaccurate.
The investigation appears to be part of efforts by China's new leadership under President Xi Jinping to tighten control over state-owned energy companies. The government has said executives are suspected of unspecified "discipline violations," a term often used to refer to corruption.
In the latest move, the executives of China's biggest oil producer, state-owned China National Petroleum Corp.; its main subsidiary, PetroChina Ltd.; and other companies were taken in by investigators last week, China Business News said. Citing an unidentified industry source, the report said it was not clear whether they were suspects.
"Such reports are not true," said a PetroChina statement released through the Hong Kong stock exchange.
Two executives cited in the report — a vice president, Sun Longde, and a director, Wang Guoliang — "continue to perform their duties at the company as usual," the company said.
A former CNPC chairman, Jiang Jiemin, was fired last week as head of the Cabinet commission that oversees state-run companies. Four executives have been detained.
Another of the executives taken in for questioning last week works for SinoPetroleum, Ltd., a state-owned company that provides technology to oil producers, according to China Business News.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Two Hobbs men face capital murder charges in Texas after being charged with the death of a woman whose body was dumped in New Mexico.
Thieves broke into an Albuquerque fire station while the firefighters were off helping kids.
UNM athletics is rolling out a new points program to determine which fans get access to The Pit's best seats, postseason tickets and prime parking spots.
A recent Christmas Eve tradition that's become increasingly popular in Santa Fe has been shot down.
Police said a homeowner and his 11-year-old son stopped two burglars dead in their tracks. They walked in on the alleged heist, but weren't about to let the suspected thieves get away with it, and they got creative with the way they …
What happened to one of four local officers shot in a dramatic October chase now has the attention of city, county, and even state lawmakers as they discuss proposing a policy that would ensure she will be the last first responder to get …