Sinochem wins government approval for $4.6bn refinery
Authorities give go-ahead for large refinery in Quanzhou
Published 24-Sep-2012
Authorities give go-ahead for large refinery in Quanzhou
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State-owned oil giant is looking to international bidders for exploration blocks
Chinese oil major suffers the after-effects of last year's oil spill despite recent positive exploration news.
Shell looks to exploit nation's massive shale gas resources
Gas production up as China's oil fields fail to deliver.
ExxonMobil is set to expand its marine supply operations in Shanghai, while CAO has shelved plans to build avgas storage in Malaysia.
New plant will strengthen operational activities in China.
China majors increase investment in drilling rights overseas.