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China refining sector warned overcapacity with capacity exceeding 800 mln
China’s refining sector posts increasing overcapacity threat with the country’s total refining capacity reaching 840 million tonnes by this December and expected to add 214 million tonnes more in the next three years.
December13,2018
Chinese firm signs contract for oil refining project in Nigeria
China National Chemical Engineering No. 7 Construction Co., Ltd. (CC-7) signed an EPC contract with Dangote Group on February 1 for a projects package in the core area of Dangote Oil Refining Project in Nigeria.
February08,2018
Sinopec executive calls for tighter new refinery approvals
A petrochemical industry executive has called for tightening large scale refinery project approvals in China, in addition to a slowdown in issuing of fuel-oil import licenses to private companies, in an attempt to alleviate refining overcapacity.
March16,2017
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