TOKYO (AFX-ASIA) – Nippon Oil Corp will sign this month a long-term heavy oil export contract with China Petroleum & Chemical Corp (Sinopec), the Nihon Keizai newspaper cited sources close to the deal as saying. Nippon Oil intends to strengthen its ties with large Chinese oil firms, expecting deregulation in the Chinese oil market. In…

This article is for Subscriber members only.
Log In Register