CHINA on the move ....

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abstacey

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CHINA on the move ....

posted on Nov 04, 2012 06:17PM

Sinopec Agrees to Buy Stake in Russian Rubber Plant

A subsidiary of oil refining giant China Petrochemical Corp. (Sinopec) has signed an agreement with Russia's largest petrochemicals company, Sibur, to buy a stake in a rubber plant...

Sinopec Mulls Acquiring French Oil Firm

China Petrochemical Corp, the nation's biggest refiner, is considering an acquisition of French oil explorer Etablissements Maurel & Prom, three people with knowledge of...

Formosa Petrochemical’s Residue Desulphurizer Unit Resumes Operations at China

Formosa Petrochemical has resumed operations at its only refinery’s secondary unit in China. The 80,000 bpd residue desulphurizer unit (RDS) was closed for...

Industry News

China Adds More Oil, Gas Reserves in 2011

China, the world's top energy user, added more oil and gas reserves last year versus 2010, an official of the Ministry of Land and Resources said on Thursday...

China Expects Sharp Rise in Oil and Gas Output

China's combined oil and gas output will exceed 600 million tonnes of oil equivalent in 2030, due to substantial increases in geological resources in the country's...

Chinese Energy Giants Set Sights on Canada’s Potash and Fertilizer Production

Two of China’s largest state-owned energy giants — CNOOC and Sinopec — have expressed interest to the federal government about investing in Canada’s potash...

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