China nets independent oil refiners, PetroChina unit in oil probe

China nets independent oil refiners, PetroChina unit in oil probe
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

21.01.2022

MOSCOW (MRC) -- China found three independent oil refiners evaded fuel tax and punished a unit of a state oil major for irregular crude oil trade following months of investigations, part of a broader clampdown to consolidate its massive refining sector, said Reuters.Under a drive to rein in surplus refining capacity and cut carbon emissions, Beijing last year introduced measures such as c

Full article at mrcplast.com

Back

news