Sinopec boss wins Petroleum Executive of the Year award (2)

Fu started his career in oil industry in 1982, joining China National Offshore Oil Corporation (CNOOC). He became Sinopec's chairman in 2011. Under his leadership, Sinopec's overseas operation has expanded swiftly to more than 20 countries and regions including Southeast Asia, Africa and South America.

The Petroleum Executive of the Year award is the international energy industry's most prestigious award, given in recognition of outstanding leadership by an executive in the international energy industry.

Nominations for the award are solicited from CEOs and other senior managers of more than one hundred of the world's largest oil and gas firms, as they appear in the annual Top 100 rankings by Energy Intelligence.

The Petroleum Executive of the Year selection process begins with Energy Intelligence eliciting nominations from the heads of the 100 largest oil companies determined by the annual company rankings in Petroleum Intelligence Weekly, an EI publication. These nominations are then voted on by a committee of previous award winners and former senior oil executives.

By the end of 2011, Sinopec's total assets have increased by 17 percent year on year to 1.745 trillion yuan (279.2 billion U.S. dollars), ranking the fifth largest company in sales in Forbes Global 2000.

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