Keyword: Oil refiners

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Japan's Idemitsu to Proceed with $9 Billion Vietnam Refinery Project

05.06.2013 - Japan's Idemitsu Kosan said it would proceed with a $9 billion oil refinery project in Vietnam as it had reached a final investment decision with co-investors Mitsui Chemicals...

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PetroChina Dalian Refinery Blasts Injure Two

02.06.2013 - Explosions at a PetroChina refinery in northeastern China has left two people injured and another two missing, the official Xinhua news agency said on Sunday. The blasts occurred...

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Cheaper Crude Helps Phillips 66 Double Quarterly Profit

01.05.2013 - U.S. refiner Phillips 66 said on Wednesday that first-quarter earnings more than doubled as it used cheaper American- and Canadian-produced crude oil to make gasoline and other...

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Sinopec in JV to Buy $3 Billion of Assets from Parent

25.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) has agreed to set up a joint venture with its parent company to buy $3 billion worth of oil and gas assets held by the latter in a...

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Sinopec 2012 Profit Falls 12.8%

24.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) reported a 12.8% fall in 2012 net profit on Sunday, due to a drop in revenues from its upstream and chemicals businesses. Asia's...

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Europe Refiners Face Bleak Year As Profits Dive

26.02.2010 - Several European oil refiners reported losses or big drops in profits in the fourth quarter on Thursday, underlining the challenges for the sector just days after Total said...