Asia Pacific

Asia Pacific

BP seeks buyers for China JV

British oil major BP is seeking buyers for its 50 per cent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would...

Asia Pacific

Exxon wants row settled

ExxonMobil Corp urged a quick resolution to a dispute between the government of Papua New Guinea and disgruntled landowners, following a protest at its $19 billion PNG...

Asia Pacific

Idemitsu eyes Showa Shell

Japan’s Idemitsu Kosan is looking to acquire a smaller stake in Showa Shell Sekiyu than planned, aiming to counter efforts by the former’s founding family to block a...

Asia Pacific

Teapots get easy credit

Trafigura has extended the credit period for two independent Chinese refiners to buy crude, marking a more aggressive push by the global commodity trader to feed the...

Asia Pacific

Chinese fuel exports soar

China’s fuel exports rose to a record in July as easing demand growth and a surplus in refined oil products pushed refiners to increase shipments to overseas buyers...