Sinopec, Kuwait Petroleum Reportedly To Partner on China Refinery
Kuwait Petroleum Corp. and China Petroleum & Chemical Corp., or Sinopec, along with an overseas oil producer, have agreed to construct a $9 billion petrochemical and refining plant in Guangdong province, China's energy authority chief said, according to Bloomberg.
The third party is Royal Dutch Shell PLC, Zhang Guobao, China's National Energy Administration head, said.
Source: MarketWatch















