Sinopec close to Middle East deals
China Petrochemical is set to clinch two major refinery deals in the Middle East.
Published 20-Jan-2012
China Petrochemical is set to clinch two major refinery deals in the Middle East.
Zhejiang Province is set to benefit from massive domestic investment from China's major oil producers.
China's Oil supplier to reach 1m barrels by 2015.
BP joint venture gives China supplier its first bunker fuel sale.
Daylight Energy's sale to Sinopec was sealed at the end of 2011.
New plant and increased exports in Kuwait but Libyan investments may stall.
Shell has disposed of its share in Petcen to Sinopec.
Sinopec buys stake in Brazilian deep sea oil blocks.
Oil majors increase diesel supply to ease shortages at government's request.
China reduces fuel prices for the first time this year to help reduce the country's inflation.