Jun. 13, 2012News & Opinions
The market research company Ceresana forecasts the global solvent market to earn revenues of about $33 billion in 2019. Especially the dynamic economic development in emerging countries like China, India, Brazil, or Russia will continue to ...
Jun. 12, 2012News & Opinions
Chinese refiner Sinopec has turned down offers of bargain Iranian crude and will cut imports by up to a fifth this year, a senior Chinese oil executive said, insisting ties with the United States were more important than cut-price oil as ...
May. 29, 2012News & Opinions
Japan's Mitsui Chemicals said on Tuesday it and China Petroleum & Chemical Corp (Sinopec) have set up a 50-50 joint venture in China to build a plant that will make ethylene-propylene-diene terpolymer (EPT) for 2 billion yuan ($315 ...
May. 10, 2012News & Opinions
U.S. oil group ConocoPhillips has hired BNP Paribas to help sell its Nigerian assets, including on-shore, off-shore oil and gas fields and a stake in its LNG Brass facility, sources familiar with the situation told Reuters.
Apr. 27, 2012News & Opinions
Hefty refining losses continued to weigh on profits at Chinese state oil giants PetroChina and Sinopec in the first three months of the year, with the latter posting a worse than expected 35% drop in earnings.
Apr. 23, 2012News & Opinions
State-run China National Petroleum Corp (CNPC) and Petroleos de Venezuela (PDVSA) will start building their mega joint refinery on China's southern coast later this month, a move would pave the way for more Venezuelan oil to flow to the ...
Mar. 28, 2012News & Opinions
China's top offshore oil producer CNOOC posted a 29% rise in 2011 net profit on Wednesday, matching forecasts, on soaring crude oil prices.
Mar. 26, 2012News & Opinions
China Petroleum and Chemical Corp (Sinopec) is looking to diversify its crude oil imports, the company's chairman said, following a sharp drop in its first-quarter purchases from Iran.
Mar. 15, 2012News & Opinions
Chevron plans to increase output by a fifth in five years, driven by big Australian projects moving gas to energy-hungry Asian markets, while it also tries to squeeze another $150 million in cost savings out of its refining arm.
The latest information directly via newsletter.