Mr. Fu spoke out publicly in defense of the deal an unusual move for the leader of a state-controlled company.
The government stuck Yukos with a large back-tax bill, then sold off its main assets in a shady closed auction to a state-controlled company.
The complex deepwater drilling recently perfected by Petrobras, Brazil's state-controlled company, has suddenly raised the prospect of Brazil becoming one of the world's biggest producers.
He left jail without speaking to reporters, but his lawyer issued a statement expressing confidence that the trial will show that Mr. Orsi was working to bring transparency to the state-controlled company.
In the summer of 2005 CNOOC, China's state-controlled oil company, withdrew a bid for Unocal, a California-based oil company after uproar from politicians of all stripes over the damage it might do to America's national security.
The privatisation programme has stalled, and the senior civil servant in charge of one part of it resigned recently, apparently as a protest at the shenanigans that have stymied the sale of a stake in a state-controlled insurance company.
In June, Rio rejected an offer by Chinalco, a state-controlled aluminium company, to raise its stake in the mining company to 18%, preferring a joint venture with BHP Billiton encompassing the iron ore assets of both comanies in Australia.
Many analysts reckon it was an overdue correction after some feverish buying, particularly of Telebras, the state-controlled telecoms holding company whose shares account for 45% of the Bovespa index.
After some false starts and pratfalls, BP cut a deal that will leave BP owning 20% of state-controlled Rosneft, which will become the world's largest publicly traded oil company.
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Earlier, Rosneft, another state-controlled oil firm, acquired the main production operation of Yukos, a private energy company that had been dismembered by Russia's state.
Surgutneftegaz, (an oil company thought to be tight with the Kremlin), and Gazprom (a state-controlled gas leviathan) have been among his targets.
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