Two Sinopec Subsidiaries Punished for Diesel Sales that Contravened Pricing Regulations
Published:
2010-11-25
China Petroleum & Chemical Corporation (Sinopec) will severely punish two of its local subsidiaries for breaking the country's refined oil pricing regulations and selling diesel at excessively high prices, according to Huang Wensheng, a spokesman for the company. Sinopec, one of the two dominant petroleum companies in China, also released a notice requiring all of its subsidiaries to "conduct self-inspection and avoid making similar mistakes."
Source
The Beijing News
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