(EnergyAsia, July 25, Friday) — Prevented by the government from raising domestic fuel prices, China’s refineries reported a 47.9% surge in losses for the first half of 2008 compared with the same period last year. China Petroleum and Chemical Industry Association (CPCIA) said the refineries controlled by the two local majors, China National Petroleum…
CHINA: Refineries report 5.71-billion yuan loss for first half of 2008
Posted on July 24, 2008 by EnergyAsia