Shaanxi Yanchang Petroleum
Shaanxi Yanchang Petroleum is a Chinese diversified oil and gas company, and was China’s first oil company in 1905. Its operations are primarily focused in Shaanxi province It is controlled by the provincial government.
Yanchang owns 15% stake in 2010 in Sino Union Energy Investment (Sunpec) which controls four oil exploration blocks in Madagascar.
Yanchang Petroleum International is Yanchang’s Hong Kong Stock Exchange listed subsidiary.
Yanchang Petroleum International owns Novus Energy, through its Canadian subsidiary Yanchang Canada.