Axel Kicillof headed by Hernán Lorenzino. After that, on November 18, 2013, Kicillof officially became Minister of Economy. Kicillof was instrumental in the renationalization of YPF. President Cristina Fernández de Kirchner named Kicillof to the post of Secretary (or Deputy Minister) for Economic Policy and Development Planning in December 2011. He took academic leave to assume this post. In this position, Kicillof oversaw the controversial 2012 nationalization of YPF, the Argentine oil company then controlled by the Spanish energy firm Repsol. It was the largest expropriation in Argentina's history. He justified this action as part of a needed reversal of the Argentinian
China National Offshore Oil Corporation 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 a major national oil company in China. It is the third-largest national oil company in the People's Republic of China, after CNPC (parent of PetroChina) and China Petrochemical Corporation (parent of Sinopec). The CNOOC Group focuses on the exploitation, exploration and development of crude oil and natural gas in offshore China. The company is owned by the government of the People's Republic of China, and the State-Owned Assets Supervision and Administration Commission of the State Council (SASAC) assumes shareholder