Oct. 10 MetalBiz--According to the report of Iran Daily on October 8, Oil Ministry stated recently stated that Iran will newly build seven grassroots refinery and bring in a large amount...
Dec. 18, 2008 (China Knowledge) - China Petroleum & Chemical Corporation Ltd (Sinopec)<600028><386><SNP>, Asia's largest oil refiner, has commenced expansion at its Beihai refinery in southwestern China's Guangxi Zhuang Autonomou...
Nov. 12, 2008 (China Knowledge) - China National Petroleum Corp (CNPC), parent of the country's largest oil and gas producer PetroChina<601857><857><PTR>, announced it has commenced construction of two refineries in Chad and Niger, s...
* More offline capacity could improve profitability * Refineries in import and niche markets more secure * Mandatory environmental spending a risk for closure NEW YORK, Nov 24 - More plant closures could be on...
LIMA, Nov 24 - Workers at Repsol's La Pampilla oil refinery in Peru said on Tuesday they had started a two-day strike to pressure the company for better benefits and to end forced overtime. La...
Sinopec Group plans to spend US$220 million on the construction of a refining base in Primorsky Region, an eastern area in Russia, sources reported.OAO Rosneft, a Russian oil giant, is considering investing the refining project.The refining base, which will comprise a refinery, a power station, a wharf and some...
* Sees charge of $1.7 bln-$1.8 bln, cuts of 550 jobs * Expects reduced operating expenses * Shares firm 1.1 pct in early trade * Refinery lost more than $1 million per day in 2009...
* Sees charge of $1.7 bln-$1.8 bln, cuts of 550 jobs * Expects reduced operating expenses * Shares firm 1.1 pct in early trade * Refinery lost more than $1 million per day in 2009...
* Refinery seen pinched at least until spring 2010 * Current low levels have mopped up some inventory * Poor economic indicators may keep demand low for a year NEW YORK, Nov 20 - U.S....
China National Petroleum Corp. (CNPC) may invest $700 million to boost the expansion of Costa Rica's Refinadora Costarricense de Petroleo SA (RECOPE) oil refinery, according to a Bloomberg report Wednesday. Jose Leon Desanti, head of the Costa Rican refining company, said that the CNPC may tap in...