(EnergyAsia, January 23, Wednesday) — China National Offshore Oil Corp (CNOOC) plans to take over a number of small oil refineries in Shandong province as it plans to boost the downstream and product supply segments of its business.CNOOC ranks as China’s third largest oil firm but mostly involved in exploration and production.The company has signed…
CHINA: CNOOC eyes takeover of refineries in Shandong province
Posted on January 22, 2008 by EnergyAsia