chinas refining expansions to reshape global oil trade
China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer's further expansion into refining and
Shandong Yulong Petrochemical is set to begin trial runs at its second 200,000-barrels-per-day crude processing unit, potentially boosting China's crude oil imports, despite recent slumps.