China names oil & gas veteran to top energy post

Oh great. A businessman – but wait. How are careers in CNPC made? Ahhh yes, you better work your political network for what its worth. Thats not dissimilar from a political career. OK, now we have replaced a politician with no idea about O&G with a politician with an idea about O&G. A cat is a cat not matter what you paint it with.

China has named a leading business executive to its top energy post, eschewing a practice of appointing career politicians as the nation pushes through an overhaul of its massive energy sector.

Read on …