PetroChina, Sinopec and Cnooc declined to comment.
The accident was the deadliest involving Sinopec.
"I wouldn't touch Sinopec with a bargepole," he says.
For an example, consider one of the biggest SOEs: Sinopec.
Sinopec Gets Serious Sinopec, the major Chinese oil company, is starting to show some M.& A. discipline.
Yet Sinopec has not severed its ties completely.
REUTERS Sinopec Looksks to Brazil | Sinopec, the Chinese oil company, is in talks to buy Brazilian oil assets from Portugal's Galp Energia, Bloomberg News reports.
China's Hong Kong-listed oil refiner, Sinopec, said it would buy Sinopec National Star, China's No. 4 oil company, from its parent for 6.45 billion yuan ($779 million).
"Sinopec is trying our best to purchase low-quality crudes — much heavier and more sulfur content," said Evan Jia, a Sinopec spokesman.
These include the China National Offshore Oil Corporation and Sinopec, an oil and petrochemical giant.
In January, Sinopec won a contract to develop natural gas in Saudi Arabia.
