(EnergyAsia, July 27, Monday) — China’s main economic planning agency, the National Development and Reform Commission, has approved an application by PetroChina International Co Ltd, a wholly-owned unit of PetroChina, to acquire a 49% stake in a refinery owned by Japan’s Nippon Oil. Located in Osaka, the 115,000-b/d refinery is one of Nippon Oil’s nine…
JAPAN: PetroChina permitted to acquire 49% stake in Nippon Oil refinery
Posted on July 26, 2009 by EnergyAsia