Business. According to official website of Xi Youshi University, Xi Youshi University is jointly funded by Shaanxi Provincial People's Government, China Petroleum and Natural Gas Corporation, China Petrochemical Corporation and China Offshore Oil Corporation, and it is the only multi-disciplinary general institution of higher learning in the northwest of China featuring petroleum and petrochemicals. The nature of running a school is a public university and the category of running a school is science and engineering.