Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackShaanxi Yanchang Petroleum Group is a Chinese conglomerate mainly engaged in the exploration, production, transportation, and sale of petroleum and natural gas, and in addition the production and sales of petrochemical products. Founded in 1905, it is the fourth largest oil producer in the country.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackChinese state-owned company Yanchang doubled purchases of Russian oil. Chinese oil refinery Yanchang Petroleum has stopped purchasing Russian oil, despite previously regularly purchasing crude from the Russian Federation.
| November 12, 2025 | Chinese Yanchang Petroleum Halts Import of Russian Oil Due to Sanctions |
| August 07, 2023 | China's Yanchang seen doubling Russian oil purchases - sources |