China to fund $10 bn megarefinery in Ecuador
China will finance most of the costs associated with building a $10 billion refinery in Ecuador, and become a partner in the megaproject.
China to allow more private investment in state firms: report
China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top Communist Party meeting on economic reforms.
Chinese CNPC to purchase a stake in the giant Kashagan oilfield for around $5 billion
KazMunaiGas is to sell its stake, purchasing the stake of the exiting ConocoPhillips: Head of KazMunaiGas National Oil Company.
Russia against oil supplies to China across Kazakhstan at current export duty rate
According to Russia’s Izvestiya newspaper, further implementation of the current taxation scheme may lead to Russia missing out on tax revenues of up to $ 1 billion a year.
