18.06.2012
- CNOOC, China's third-largest state-run refiner, has started building a 60,000-barrel-per-day crude processing facility in eastern China, to boost its still nascent refining and...
12.06.2012
- Chinese refiner Sinopec has turned down offers of bargain Iranian crude and will cut imports by up to a fifth this year, a senior Chinese oil executive said, insisting ties with...
11.06.2012
- OPEC's president signalled on Monday it could act to reduce a glut of oil that has knocked the price down towards double digits, but said it was unlikely to set individual country...
05.06.2012
- Russian state firm Rosneft has hired a former TNK-BP executive to run its refining and marketing businesses, sources close to the companies said on Tuesday, bolstering a management...
01.06.2012
- BP said on Friday it was considering a sale of its half-share of Russia's third-largest oil producer TNK-BP, possibly heralding the end of one of the UK oil major's most lucrative...
31.05.2012
- Swiss-based trader Gunvor, co-owned by a Russian tycoon, has bought a second European oil plant from Petroplus, as trading houses emerge as the biggest winners from the insolvent...
31.05.2012
- Investor concerns about hydraulic fracturing at Chevron have eased, in contrast to a slight rise at rival Exxon, as the two largest U.S. oil companies faced growing pressure at...
30.05.2012
- Maxim Barsky, who resigned last year as deputy chief executive of Anglo-Russian oil firm TNK-BP after failing to win BP's support to become CEO, will return as an adviser, two...
