China's army of small, privately owned oil refiners are raising output on hopes of recovering fuel demand as COVID-19 curbs ease and refining margins swell due to an increasing supply of cheap Russian ...
By Chen Aizhu, Jonathan Saul and Florence Tan SINGAPORE/LONDON, July 10 (Reuters) - Iranian oil supplies at sea are rising ...
Middle East war: As war disrupts global energy markets, Beijing's network of small, scrappy oil refineries is quietly keeping the lights on, for now. When the United States and Israel launched strikes ...
Chinese independent refiners are anticipated to increasingly rely on heavy crude from Iran and Russia in the coming months, as Venezuelan oil exports to China stall, according to dealers and analysts.
BOXING, China/BEIJING (Reuters) - For Zheng Ruifeng, the 25-year-old son of a wheat farmer from eastern China, acceptance at a technical school specialising in petrochemical engineering was a ...
Treasury warned banks risked sanctions over links to Chinese refineries handling Iranian oil. China bought most Iranian crude, with small refineries central to the trade. The move came ahead of ...
China’s smaller independent refiners have ramped up fuel oil purchases to feed their plants as a customs crackdown squeezes supply of another favorite feedstock. Customs in Shandong province, the home ...
China has announced an injunction to block US sanctions placed on five Chinese refiners accused ‌of buying oil from Iran. The US sanctions announced by the Department of the Treasury late last month ...
SINGAPORE, Jan 30 (Reuters) - China's independent refiners are holding off from buying Iranian crude oil for February as a stand-off over pricing and terms enters a second month, trading sources said.
Appetite for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia boosted global prices, while Tehran is stepping up ...
China’s uncertain economic prospects are stressing the oil refiners that produce diesel, the fuel that powers much of the country’s industrial activities. Operating rates at smaller, private ...
WASHINGTON (Reuters) - U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent, or "teapot" oil refinery and port terminal operators in China for ...