Topic

#oil refinery

Every story tagged #oil refinery on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Finance

Jan 31, 20192 min read

Oil rises as traders expect Venezuelan supply disruptions amid U.S. sanctions

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry outweighed downward pressure from a darkening outlook for the global economy. U.S. West Texas Intermediate (WTI) crude futures were at…

Living

Dec 26, 20181 min read

Vietnam’s largest oil refinery begins commercial operations

The Nghi Son Refinery began commercial operation Sunday, and is expected to meet about 40 percent of domestic petroleum demand in 2019. Speaking at its inauguration, Prime Minister Nguyen Xuan Phuc emphasized the key role of the project. The refinery will…