China oil refineries face reckoning as Beijing tackles overcapacity
CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they ...
Tag: refineries
Sinochem may keep bankrupt refineries as auctions draw scant interest: sources
SINOCHEM Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest ...
Chinese court rules two Sinochem refineries in Shandong bankrupt
A CHINESE court has ruled that two refineries owned by state oil and chemical group Sinochem were bankrupt after creditors ...
Cash-rich energy traders are snapping up refineries from Big Oil
COMMODITIES traders flush with cash are buying oil refineries that energy majors are increasingly turning their back on. It’s one of ...
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