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CNPC advised to rejoin global M&A; hunt

China’s largest state-run oil company has been warned it could fall behind other players on the global stage if it fails to take advantage of low oil prices to make M&A; deals.

CNPC’s headquarters. The company has been told to take advantage of low oil prices. (CNPC) CNPC’s headquarters. The company has been told to take advantage of low oil prices. (CNPC)

China’s largest state-run oil company has been warned it could fall behind other players on the global stage if it fails to take advantage of low oil prices to make M&A; deals.