China Announces Plan to Form National Oil & Gas Pipeline Company
Oil cracking towers stand in the Duna oil refinery, operated by MOL Hungarian Oil & Gas Plc, in Szazhalombatta, Hungary. (Photographer: Akos Stiller/Bloomberg)

China Announces Plan to Form National Oil & Gas Pipeline Company

(Bloomberg) -- China announced it will form a national oil and pipeline company, the first public acknowledgment of the massive energy industry overhaul planned since at least 2014.
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