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Top related persons:
Shell - 1 Goldman Sachs - 1 CNOOC - 1 Sinopec - 1 Rongsheng - 1 Eversun - 1 Salmon Lee - 1 Chen Aizhu - 1
Top related locs:
SINGAPORE China state's Singapore Bukom Jurong PetroChina Huizhou
Top related orgs:
Offshore Oil Company - 1 Singapore - 1 Eversun Holdings - 1 Wanhua - 1 Shell - 1 Hengli Petrochemical - 1 China National Petroleum Corp - 1 Privately - 1

Search resuls for: "Chen Aizhu Trixie Sher Li Yap"


2 mentions found


☆ Exclusive: China's CNOOC, two chemical firms looking at Shell Singapore assets - sources
  + stars: | 2023-10-31 | by ( Chen Aizhu Trixie Sher Li Yap | Chen Aizhu | Trixie Sher Li Yap | ) www.reuters.com   time to read: +4 min
SINGAPORE, Oct 31 (Reuters) - At least three Chinese companies including state giant China National Offshore Oil Company (CNOOC) are evaluating Shell's Singapore assets and considering non-binding bids in coming weeks for the city-state's oldest refinery, according to several sources familiar with the matter. CNOOC, the parent of offshore oil and gas major CNOOC Ltd , operates a joint refining-petrochemical complex with Shell in southern China. However, Sinopec Corp's president said in late August it was not interested in the Shell assets. Two of the sources said Shell had set a preliminary Nov. 5 deadline for proposals, although that could be extended. A Wanhua spokesperson said he was not aware of the company's potential interest in the Shell assets.
Persons: Shell, Goldman Sachs, CNOOC, Sinopec, Rongsheng, Eversun, Salmon Lee, Chen Aizhu, Trixie Yap, Tony Munroe, Florence Tan, Kim Coghill Organizations: Offshore Oil Company, Singapore, Reuters, Eversun Holdings, Wanhua, Shell, Hengli Petrochemical, China National Petroleum Corp, Privately, Thomson Locations: SINGAPORE, China, state's, Singapore, Bukom, Jurong, PetroChina, Huizhou, Guangdong, Fujian province, Putian, Shandong province, Asia, Southeast Asia
☆ Chinese refiners boost diesel output to profit from robust export margins
  + stars: | 2022-11-08 | by ( Chen Aizhu Trixie Sher Li Yap | Chen Aizhu | Trixie Sher Li Yap | ) www.reuters.com   time to read: +4 min
The increased output could also cool prices for other oil products, especially for gasoline, and dampen overall refining margins. Half of the increase, though, will still come from Asia's biggest refiner Sinopec (600028.SS), one of them said, as it raises output to produce more diesel and raise fuel exports. So the mandate from the headquarters is to boost diesel production to supply the domestic market and also to raise exports," one of the Sinopec sources said. Further boosting supply, China's largest private refiner Zhejiang Petroleum and Chemical Co (ZPC) is raising diesel output by cutting petrochemical production. Lockdowns have become more frequent and China's borders remain mostly shut, hurting domestic gasoline and aviation fuel sales.
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