In light of a new corruption probe among high-level Chinese government officials, a U.S.-based law firm says it is now investigating securities claims against PetroChina Company Ltd.

American singer Jennifer Lopez has been criticized for participating in an event sponsored by the China National Petroleum Corporation held in Turkmenistan.

According to the official website of China's State-owned Assets Supervision and Administration Commission, in 2010 most central state-owned enterprises will start to divest their interest in, or reorganize ownership of, hotels that are not part of their primary businesses.

China National Petroleum Corporation and China Petroleum & Chemical Corporation, two giants of China' petroleum industry, have announced the signing of a crude oil mutual supply agreement to withstand the decline of oil prices and help China in its energy needs.

PetroChina International, a wholly-owned subsidiary of the China National Petroleum Corporation, has signed a liquid natural gas supply deal with Shell.

China National Petroleum Corporation has signed a joint venture agreement with Costa Rica's state refinery RECOPE to build an oil refinery in Costa Rica.

The Corporate Social Responsibility Research Center at the Chinese Academy of Social Sciences was officially founded in Beijing last week.