China National Petroleum Corporation

Oilfield gets go-ahead for issue

PUBLISHED : Saturday, 10 January, 1998, 12:00am
UPDATED : Thursday, 11 June, 2015, 4:57pm

Securities regulators have approved a plan by Qinghai oilfield in the northwest to issue B shares, a China National Petroleum Corp spokesman said. The official said the issue aimed to raise 500 million yuan for a downstream petrochemicals project.