Three senior executives of state-owned energy firm PetroChina Company Limited are under investigation for “serious breaches of discipline.’

Two vice-presidents and the chief geologist resigned from the company Tuesday, citing “personal reasons,” PetroChina said.

The investigation is headed by China’s State-Owned Assets Supervision and Administration Commission.

PetroChina identified the executives as Vice Presidents Li Hualin and Ran Xinquan, and Chief Geologist Wang Daofu.

An official at the China National Petroleum Corporation (CNPC), PetroChina’s parent, is also under investigation.

PetroChina is the biggest oil and gas producer and distributor in China.

The probe of CNPC’s Wang Yongchun appears related but no details were provided.

China is in the midst of a massive anti-corruption drive that has brought down many senior officials.

Source: BBC News


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