Beijing taps outsiders to lead Sinopec and State Grid

Xi administration tightens grip on energy giants in blow to 'cliques'

20200117N CNPC model

China National Petroleum Corp. replaced its retiring chairman Jan. 17 as part of a broader leadership reshuffle in the energy sector. © Reuters

SHUNSUKE TABETA, Nikkei staff writer

BEIJING -- Three of China's largest state-owned energy companies replaced their top leaders Friday, two with industry outsiders, in what is seen as a bid by Beijing to assert greater control as well as a possible prelude to a broad sector realignment.

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