Thursday 28 March 2024
 
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China refinery

Saudi Aramco buys major stake in Chinese refinery

State oil giant Saudi Aramco said it had signed an agreement with a provincial government in China to acquire a stake in the new refinery project of top industrial group Zhejiang Petrochemicals.   The MoU was sig

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Saudi Aramco buys major stake in Chinese refinery

State oil giant Saudi Aramco said it had signed an agreement with a provincial government in China to acquire a stake in the new refinery project of top industrial group Zhejiang Petrochemicals.   The MoU was sig

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Sinopec unsure on Kuwait role in China refinery

Asia's largest refiner Sinopec has yet to decide whether to build a $9 billion refinery in Southern China's Zhanjiang by itself or in a joint venture with Kuwait Petroleum Corporation (KPC) and Total. KPC is keen to gain a

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KPC's southern China refinery to cost $9bn

A planned refinery joint venture in southern China between Kuwait Petroleum Corporation (KPC) and Sinopec Corporation is expected to cost between $8 billion to $9 billion, state news agency Kuna cited KPC’s head as saying. The Kuwait-Chine

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