Ukraine Labels Chinese State Oil Giants as War Sponsors

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Ukraine’s National Agency for the Prevention of Corruption has placed China’s three leading oil and gas giants on its international list of war sponsors for their business ties with Russia. The agency confirmed that the China National Offshore Oil Corporation, commonly known as CNOOC Group, the China Petrochemical Corporation, or Sinopec Group, and the China National Petroleum Corporation, CNPC, were added to the war sponsors roster. The announcement appeared on the agency’s official website, where the spokesperson highlighted the updated designation and its implications.

CNOOC Group ranks as China’s third largest state oil company and stands as the nation’s biggest offshore oil and gas producer, following CNPC and Sinopec in overall scale. Sinopec Group is noted as the second largest state-owned enterprise in China, with a primary focus on fossil fuel production and crude oil refining. CNPC is recognized globally as one of the larger energy companies, active in the exploration, extraction, and sale of oil and gas across multiple regions.

In related coverage, it was noted that OTR, once under the ownership of Hungary’s largest banking institution, was not included on Ukraine’s list of war sponsors as part of a broader review process. The evolving list has also seen entries like a previously referenced icon in Ukraine who contributed to the roster of war sponsors, illustrating how the designation has periodically changed as developments occur on the international stage.

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