China\'s Sinochem appoints CNOOC\'s Yang Hua as general manager

China's Sinochem appoints CNOOC's Yang Hua as general manager

Sinochem's former general manager Zhang Wei was moved to state oil firm China National Petroleum Corp in December
Investment bank Credit Suisse is running a formal process to find a buyer.
Investment bank Credit Suisse is running a formal process to find a buyer.
BEIJING: China's state-owned energy giant Sinochem Group said on Monday that it has named Yang Hua, former chairman of China's biggest offshore oil and gas producer, state-backed CNOOC Group, as general manager of the company.

The company said in a statement the personnel change was made by the organisation department of China's Communist Party, which controls staff movements at government- and state-owned firms.

Sinochem's former general manager Zhang Wei was moved to state oil firm China National Petroleum Corp in December.