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China ZhenHua Oil

China ZhenHua Oil latest

The transfer was endorsed by Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO, and Liu Yijiang, chairman of China ZhenHua Oil. (Shutterstock)
December 11th, 2018 - 02:05 GMT

China Invests in ADNOC With 4 Percent Stake

The Abu Dhabi National Oil Company (Adnoc) said that four per cent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil.
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