Energy giants drive off in new direction
By Zheng Xin | China Daily | Updated: 2017-08-09 08:24
Major crude firms plan to change their strategies as demand for traditional energy declines
China's oil majors are preparing for the day when gasoline demand dwindles and electric-powered cars rule the roads.
The big two operators, China National Petroleum Corp, or CNPC, and China Petroleum and Chemical Corp, or Sinopec, are making plans to diversify to rev up profits.
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