Fu Chengyu () is the Chairman of China Petroleum and Chemical Corp (

Sinopec China Petroleum and Chemical Corporation, or Sinopec Group, is a Chinese oil and gas enterprise based in Chaoyang District, Beijing. The SASAC administers China Petroleum and Chemical Corporation for the benefit of State Council of the ...

), the largest Asian refiner. He previously worked at the

China National Offshore Oil Corporation China National Offshore Oil Corporation, or CNOOC Group (), is the third-largest national oil companies, national oil company in China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec). The CNOOC Group ...

(CNOOC), which foresaw a five-fold increase in its profits during his presence."CNOOC's Fu Chengyu to join Sinopec as chairman"
China Daily, 2011.

Biography

Fu was born in 1951, and is a Chinese citizen of

Han ethnicity The Han Chinese, alternatively the Han people, are an East Asian people, East Asian ethnic group native to Greater China. With a global population of over 1.4 billion, the Han Chinese are the list of contemporary ethnic groups, world's la ...

. He graduated from the

Northeastern University (China) Northeastern University (NEU) is a public university in Shenyang, Liaoning, China. It is affiliated with the Ministry of Education of the People's Republic of China, Ministry of Education, and co-funded by the Ministry of Education, State Admini ...

, and received a master's degree in

petroleum engineering Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil or natural gas or both. Exploration and production are deemed to fall within the ''upstrea ...

from the

University of Southern California The University of Southern California (USC, SC, or Southern Cal) is a Private university, private research university in Los Angeles, California, United States. Founded in 1880 by Robert M. Widney, it is the oldest private research university in ...

. He later studied at

Cheung Kong Graduate School of Business The Cheung Kong Graduate School of Business (CKGSB) is a privately-owned graduate school of business located in Beijing, China., CKGSB on the Li Ka Shing Foundation Webpage. The school was established in November 2002 through the financial supp ...

.Fu Chengyu's biography on Chinavitae
In December 2014, Fu was named among the most influential people in the shipping industry according to

Lloyd's List ''Lloyd's List'' is one of the world's oldest continuously running journals, having provided weekly shipping news in London as early as 1734. It was published daily until 2013 (when the final print issue, number 60,850, was published), and i ...

. His early experiences in the oil industry were at the

Daqing Daqing () is a prefecture-level city in the west of Heilongjiang province, People's Republic of China. The name literally means "Great Celebration" and refers to the tenth anniversary of the PRC. Daqing is known as the "Oil Capital of China" a ...

, Liaohe and Huabei oilfields. Beginning with 1983, Fu has been Chairman of the Management Committees of joint ventures between

(

CNOOC China National Offshore Oil Corporation, or CNOOC Group (), is the third-largest national oil company in China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec). The CNOOC Group focuses on the exploita ...

) and major international petroleum companies including

Amoco Amoco ( ) is a brand of filling station, fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and petroleum, oil company, founded by Standard Oil Company i ...

Chevron Chevron (often relating to V-shaped patterns) may refer to: Science and technology * Chevron (aerospace), sawtooth patterns on some jet engines * Chevron (anatomy), a bone * '' Eulithis testata'', a moth * Chevron (geology), a fold in rock la ...

Texaco Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independ ...

, Phillips,

Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses Science Biology * Seashell, a hard outer layer of a marine ani ...

and

Agip Agip S.p.A., acronym for Azienda generale italiana petroli, was an Italian automotive gasoline, Diesel fuel, diesel, Liquefied petroleum gas, LPG, lubricants, fuel oil, and bitumen retailer established in 1926 and Subsidiary company, subsidiary ...

. In 1994 he became Deputy General Manager of CNOOC Nanhai East Corporation and Vice President of Phillips Asia Inc. A year later he was appointed General Manager of the

Xijiang Development Project The Xi River (; ) or Si-Kiang is the western tributary of the Pearl River in southern China. It is formed by the confluence of the Gui and Xun Rivers in Wuzhou, Guangxi. It originates from the eastern foot of the Maxiong Mountain in Qujing ...

. In 1999, he became General Manager of CNOOC Nanhai East Corporation, and few months following that he became executive director, Executive Vice President and Chief Operating Officer of

CNOOC Limited CNOOC Limited () is China's largest producer of Offshore (hydrocarbons), offshore crude oil and natural gas, noted as such in 2010. It is a major subsidiary of China National Offshore Oil Corporation (CNOOC) and has been listed on the Hong Kon ...

, a subsidiary of

. The following year Fu was named Vice President of

and concurrent President of

. In 2002 he was appointed chairman of the board of directors and CEO of China Oilfield Services Limited (COSL), another subsidiary of CNOOC. He became President of CNOOC, chairman and CEO of CNOOC Limited in 2003. On 16 September 2010, he resigned from his CEO position at CNOOC Limited while keeping the position of chairman. He finally became the Chairman of the

Sinopec Group China Petroleum and Chemical Corporation, or Sinopec Group, is a Chinese Petroleum, oil and Natural gas, gas enterprise based in Chaoyang District, Beijing, Chaoyang District, Beijing. The SASAC administers China Petroleum and Chemical Cor ...

in April 2011.Profile of Fu Chengyu
official website of Sinopec.

References

{{DEFAULTSORT:Fu, Chengyu Businesspeople from Heilongjiang Businesspeople in the oil industry Living people USC Viterbi School of Engineering alumni Northeastern University (China) alumni 1951 births