CNPC allocates acreage to different companies

China National Petroleum Corporation relinquishing blocks to subsidiaries and other players in bid to attract new investment

Reforms: the flag of CNPC flies next to a Chinese national flag at the company's headquarters in Beijing
Reforms: the flag of CNPC flies next to a Chinese national flag at the company's headquarters in BeijingPhoto: REUTERS/SCANPIX
Published 13 February 2019, 16:33Updated 13 February 2019, 20:14