Specifically, we wish to note the activities of Talisman Energy Inc. (Talisman) and China NationalPetroleumCompany (CNPC), the two principal sources of the regime's revenue.
PetroChina is China's most significant oil concern and is primarily owned jointly by the People's Republic of China and its largest state-owned energy enterprise, China NationalPetroleumCompany (CNPC).
In this respect, it bore certain similarities to the financial sleight-of-hand in which the China NationalPetroleumCompany (CNPC) engaged to bring an earlier IPO to the U.S. equity market.
And a foray outside steel into the world of oil ended in frustration when Mittal Steel's joint bid with Indian oil company ONGC for PetroKazakhstan was topped by China NationalPetroleum Corp.