Fu Chengyu () is the Chairman of
China Petroleum and Chemical Corp (
Sinopec
China Petroleum & Chemical Corporation (中国石油化工股份有限公司) or Sinopec (), is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai.
Sinopec Limited's parent, Sinopec Gr ...
), the largest Asian refiner. He previously worked at the
China National Offshore Oil Corporation
China National Offshore Oil Corporation, or CNOOC Group (Chinese: 中国海洋石油总公司 Pinyin: ''Zhōngguó Háiyáng Shíyóu Zǒnggōngsī''), is one of the largest national oil companies in China, and the third-largest national oil c ...
(CNOOC), which foresaw a five-fold increase in its profits during his presence.
[http://www.chinadaily.com.cn/business/2011-04/08/content_12296077.htm , China Daily, "CNOOC's Fu Chengyu to join Sinopec as chairman", 2011.]
Biography
Fu was born in 1951, and is a Chinese citizen of
Han ethnicity
The Han Chinese () or Han people (), are an East Asian people, East Asian ethnic group native to China. They constitute the list of contemporary ethnic groups, world's largest ethnic group, making up about 18% of the World population, global ...
. He graduated from the
Northeastern University (China), and received a master's degree in
petroleum engineering 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 C ...
. He later studied at
Cheung Kong Graduate School of Business
Cheung Kong Graduate School of Business (CKGSB) () is a private, non-profit, independent educational institution and the only business school in China with faculty governance., CKGSB on the Li Ka Shing Foundation Webpage. The school offers MBA, Fi ...
.
[http://www.chinavitae.com/biography/Fu_Chengyu%7C2846 , 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 is ...
.
[http://www.lloydslist.com/ll/news/top100/article453520.ece]
His early experiences in the oil industry were at the
Daqing
Daqing (; alternately romanized as Taching) is a prefecture-level city in the west of Heilongjiang province, People's Republic of China. The name literally means "Great Celebration". Daqing is known as the "Oil Capital of China" and has experi ...
,
Liaohe
The Liao River () is the principal river in southern Northeast China, and one of the seven main river systems in China. Its name derived from the Liao region, a historical name for southern Manchuria, from which the Liaoning province, Liaodong P ...
and
Huabei
North China, or Huabei () is a geographical region of China, consisting of the provinces of Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia. Part of the larger region of Northern China (''Beifang''), it lies north of the Qinling–Huaihe ...
oilfields.
Beginning with 1983, Fu has been Chairman of the Management Committees of joint ventures between
China National Offshore Oil Corporation
China National Offshore Oil Corporation, or CNOOC Group (Chinese: 中国海洋石油总公司 Pinyin: ''Zhōngguó Háiyáng Shíyóu Zǒnggōngsī''), is one of the largest national oil companies in China, and the third-largest national oil c ...
(
CNOOC) and major international petroleum companies including
Amoco
Amoco () is a brand of fuel stations operating in the United States, and owned by BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, a ...
,
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 lay ...
,
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 Indepe ...
,
Phillips
Phillips may refer to:
Businesses Energy
* Chevron Phillips Chemical, American petrochemical firm jointly owned by Chevron Corporation and Phillips 66.
* ConocoPhillips, American energy company
* Phillips 66, American energy company
* Phil ...
,
Shell and
Agip.
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.
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, a subsidiary of
CNOOC. The following year Fu was named Vice President of
CNOOC and concurrent President of
CNOOC Limited.
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 Petrochemical Corporation () or Sinopec Group is the world's largest oil refining, gas and petrochemical conglomerate, administered by SASAC for the State Council of the People's Republic of China. It is headquartered at Chaoyangmenwai ...
in April 2011.
[http://www.sinopecgroup.com/english/Pages/01.aspx , Profile of Fu Chengyu on the 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