Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) are literally walking the tightrope as they set...
* China's oil demand to grow faster as economy recovers * China refiners agree to buy 1.04 mbpd Saudi oil for 2010 * Few refining capacities to be added in 2010 BEIJING/SINGAPORE, Nov 20 -...
LONDON, Nov 18 - French oil major Total has been looking to buy oil refining assets in China, a senior official said on Wednesday. Total has been in talks with a local partner, Jean-Jacques Mosconi,...
SEOUL, Nov 16 - The International Chamber of Commerce (ICC) has ruled in favour of Hyundai shareholders seeking to buy a 2.6 trillion won ($2.25 billion) stake in an affiliated refiner from International Petroleum Investment...
BEIJING, Nov 13 - Saudi Oil Minister Ali al-Naimi said on Friday the Kingdom's overall downstream investment drive will double its refining capacity both at home and overseas by 2015. Naimi made the remarks at...
* Q3 refining margins at $5.20, down from $9.20 in Q2 * Not aware of govt's next round of fuel price adjustments * Injection of parent assets possible by yr-end (Adds quotes, detail) HONG KONG,...
HONG KONG, Oct 30 - Top Asian oil refiner Sinopec Corp said on Friday its refining margins will "still maintain normal growth." The company, speaking on a conference call to discuss its third-quarter performance, also...
HONG KONG, Oct 30 - Top Asian oil refiner Sinopec Corp said on Friday its third-quarter refining margins were at $5.20 per barrel. The company disclosed the figure on a conference call to discuss its...
BEIJING, Oct 28 - China's Sinopec Corp <0386.HK> <600028.SS> made a loss in its refining business this month because of the recent rally in crude oil prices, Senior Vice President Zhang Jianhua said on Wednesday....
SHANGHAI, Oct 28 - China's Sinopec Corp <0386.HK><600028.SS> made a loss in its refining business for a third straight month in October, the Shanghai Securities News quoted a company source as saying on Wednesday. But...