To feed expanding refining capacities, China's Sinopec Corp. said on Tuesday it would buy about 1 million barrels of crude per day from Saudi Arabia next year, a volume nearly 30 percent above the current rate. The No.1 refiner...
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By Jim Bai and Aizhu Chen BEIJING, Nov 6 (Reuters) - China's leading refineries will raise their crude processing mildly in November to a record high as signs of recovering demand are piling up while a widely-expected fuel...
By Jim Bai and Aizhu Chen BEIJING, Nov 6 (Reuters) - China's leading refineries will raise their crude processing mildly in November to a record high as signs of recovering demand are piling up while a widely-expected fuel...
By Jim Bai and Chen Aizhu BEIJING, Nov 3 (Reuters) - China's Sinopec Corp said on Tuesday it will buy about 1 million barrels per day of crude from Saudi Arabia next year, a volume nearly 30 percent above the current rate, to...
BEIJING, Nov 3 (Reuters) - Top Asian refiner Sinopec Corp (0386.HK: ) plans to process 205 million tonnes of crude in 2010, or about 4.1 million barrels per day (bpd), its president said on Tuesday. The target is 14 percent...
BEIJING, Nov 3 (Reuters) - Top Asian refiner Sinopec Corp will add 12 to 15 million tonnes of refining capacity each year in the next three years, its chief said on Tuesday. Sinopec Corp's president Wang Tianpu also said the...
BEIJING, Nov 3 (Reuters) - Top Asian refiner Sinopec Corp expects to buy more than 50 million tonnes of crude from Saudi Aramco next year, Sinopec's president Wang Tianpu said on Tuesday. Wang told reporters that Saudi Basic...