(EnergyAsia, July 27 2012, Friday) — Chinese state oil firm Guangdong Zhenrong Energy Co has emerged as a white knight for financially-stricken shipping and oil storage firm Titan Petrochemicals Group Ltd which is facing a liquidation suit filed by partner and US private equity firm Warburg Pincus. The subsidiary of Zhuhai Zhenrong Co, one of…

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