"Three Barrels Of Oil" Turns To &Nbsp; China Petroleum System'S Overall Pition.

The core tip is that although the business priorities of the three major oil companies are focused, it is necessary to establish an international integration of the upstream and downstream industries.

Chaoyangmen, Beijing,

After the change, the three major oil enterprises have complementary advantages and the trend of industrial chain integration is increasingly obvious. The reform of the board of directors that is launched at the same time is also remarkable. The pilot of the central enterprises board headed by the SASAC is advancing in the "monopoly" field.

The three big oil companies are undoubtedly the biggest personnel changes in China's oil system in the past five years.

After Fu Chengyu was pferred to Fujian, the party secretary and general manager of CNOOC Group also dropped to Sinopec as chairman of the group and Secretary of the Party group. Wang Yilin, deputy general manager of CNPC, took over Fu Chengyu and took charge of CNOOC.

In addition, the fate of Jiang Jiemin, general manager of PetroChina, has been suspended.

In response to rumors of Jiang Jiemin's pfer, CNPC has not yet received the documents of the central organization department.

In an interview with our reporter, a person close to PetroChina told reporters that the pfer of leaders from central enterprises to local jobs is an endorsement of their management capability by the central decision-making level, while PetroChina, the largest company in the three largest oil giants, has a relatively low probability of selecting successors from outside the oil system.

"Although it is a deputy ministerial level unit, the appointment of leaders is not decided by the SASAC and the NDRC, but by the central government. The flow of personnel in the three major oil companies is also the result of a smooth pition of the leading bodies of the petroleum system."

The person familiar with the matter said.

According to sources, after this round of personnel adjustment, the era of state-owned oil companies jointly drawn by Chiang, Su and Fu is gradually leaving, and the new era of pition, represented by Wang Yilin, will also come.

"On the one hand, we should learn from each other's weaknesses in the business process. On the one hand, it is mainly the overall pition of the leading group and the enterprise management. Compared with the comprehensive energy giants abroad, the development of China Petroleum Corp's business has reached a period of pformation. As Fu Zong said before, we have to go beyond the pition."

A middle-level CNOOC cadre interviewed by our reporter said.

Alternate pition period between new and old

On the nomination of candidates, Fu Chengyu was pferred to Sinopec and Wang Yilin took over CNOOC.

According to Sinopec website's information, Fu Chengyu served as chairman and party secretary of Sinopec and did not take over the post of general manager of Su Shulin.

Informed sources revealed that Wang Tianpu, President of Sinopec joint venture, is highly likely to assume the position of general manager.

Public information shows that Wang Tianpu is 49 years old and has been vice president of Sinopec Group Qilu Petrochemical since 1999. He became Vice President of Sinopec at the age of 38, and was elected board chairman and vice chairman of Sinopec in 2009.

In Sinopec, Wang Tianpu has also been regarded as successor training.

Sinopec insiders say that Wang Tianpu is a steady and pragmatic group, ranking first among the top leaders of Sinopec's younger generation.

As for the airborne Fu Chengyu, while giving full play to its rich management experience, it will also consider the new and old handover work.

Public information shows that Fu Chengyu is 60 years old, and according to the internal practice of the Central Organization Department, the Deputy ministerial cadres of the central enterprises are retired at the age of 63, and ministerial cadres retire at the age of 65.

The three major oil companies are subordinate ministries and units. Fu Chengyu's entry to Sinopec is also seen by the industry as a further training for younger generation successors.

"From the perspective of the age structure of leaders, the personnel arrangement in the pitional period is very reasonable, which can give full play to the valuable experience of veteran comrades and smoothly accomplish the handover work."

A retired senior executive of PetroChina said in an interview with our reporter.

With the successive mobilization of leaders of the three major oil companies, the young people in the oil system will gradually take office.

This also indicates that the handover of new and old leading bodies of oil companies has entered a critical period.

"Integration" trend

As the youngest enterprise in China's three largest oil companies, Fu Chengyu completed a series of long-term layout during his helm. In the industry, CNOOC is also known as the most "Westernized" state-owned oil company.

Insiders said that after turning to Sinopec, Fu Chengyu will inject new vitality into Sinopec in the upstream exploration and overseas mergers and acquisitions.

Data show that Sinopec plans in the "end of 12th Five-Year", overseas oil and gas assets will occupy the entire group of "half of the country".

At the present stage, the gap between SINOPEC and PetroChina is very obvious in the upstream area.

"Fu Chengyu's accession to Sinopec is conducive to improving its market competitiveness, and then changing to a market demanding company. During the CNOOC operation, Fu Chengyu accumulated rich experience in upstream exploration and overseas M & A, which is the short board of Sinopec."

Zhou Xiujie, a researcher at CIC's energy industry, said.

Liu Yijun, a professor at the school of Business Administration of China University of Petroleum, also said that from the professional background, the personnel adjustment of the leaders of the three major oil companies reflects the consideration of strengthening the upstream and downstream businesses of several companies and expanding complementary exchanges at home and abroad.

Insiders pointed out that, after a long period of development, although the business priorities of the three major oil companies also have different emphasis, the establishment of an international energy company integrating upstream and downstream is the common goal of China's three largest state-owned oil companies.