Shaanxi Yanchang Petroleum (Group) Co., Ltd.
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Yanchang Oilfield Subsidiary Oil Production Plants Penalized for Crude Leak Polluting River
After a pollution accident at Yanchang Oilfield's Baota Oil Production Plant, it failed to promptly activate its emergency plan; in July 2024, a crude oil leak at Zhidan Oil Production Plant flowed into a river. Baota Oil Production Plant was fined RMB 70,000; the Zhidan leak was reportedly punished with a RMB 250,000 water pollution fine.
2020
Former Chairman Shen Hao Sentenced to 11 Years for Taking Over RMB 20 Million in Bribes
Shen Hao, former Party secretary and chairman of Yanchang Petroleum Group, used his position to seek benefits for others and accepted property worth more than RMB 20 million. Several successive principal leaders of Yanchang Petroleum were investigated; an official notice said he "seriously damaged the political ecosystem of state-owned enterprises." Baoji Intermediate People's Court sentenced Shen Hao to 11 years in prison for bribery, fined him RMB 2 million, and confiscated illegal gains.