China’s oil giants to splurge most in five years

CNPC "nodding donkeys" oil pumps pump oil during a storm in Daqing, Heilongjiang province, China, on July 13, 2006.  Photographer: LUCAS SCHIFRES/Bloomberg
CNPC "nodding donkeys" oil pumps pump oil during a storm in Daqing, Heilongjiang province, China, on July 13, 2006. Photographer: LUCAS SCHIFRES/Bloomberg

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