CNPC forms JV in Shandong
Oil giant to create JVs with local Shandong refineries
Published 23-Sep-2011
Oil giant to create JVs with local Shandong refineries
CNPC refinery catches fire in Liaoning Province and a furnace explodes at Gazprom's Omsk plant.
China is increasing its global oil presence with new investments in the Middle East, Africa and South America
Chinese and Russian producers are set to build a multi-billion dollar refinery for 2015.