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China has launched a broad investigation into safety at oil and gas pipelines, state media reported on Monday, as the death toll from an explosion at a Sinopec pipeline last week rose to 52. The blast at the eastern oil hub of Qingdao on Friday was China Petroleum & Chemical Corp's (Sinopec) deadliest known accident and is one of the worst publicly reported industrial disasters in China this year. State media reported the toll rose from 35 to 52 on Sunday after President Xi Jinping visited the city to examine rescue efforts and meet victims. In an announcement to the Shanghai stock exchange on Monday, Sinopec said it was cooperating with a government investigation into the accident.More...