Rongsheng Petrochemical

M&A

Saudi Aramco takes $4.7 bil stake in China oil refinery

The world’s biggest oil producer has agreed to buy a 10% stake in a giant oil complex in China for 24.6 billion yuan.

Oil & Gas

Mega-refiner buying oil a bright spot for constrained market

A Chinese mega-refiner is snapping up barrels of Middle Eastern crude in a rare bright spot for the oil market.
×