China to fund $10 bn megarefinery in EcuadorChina will finance most of the costs associated with building a $10 billion refinery in Ecuador, and become a partner in the megaproject.
Kazakhstan and China agree on construction of an oil refineryAt the sitting of the Kazakh-Chinese Business Council the two sides signed contracts worth over $22 billion, according to Umirzak Shukeev, Head of Samruk Kazyna Sovereign Wealth Fund.
Lightning strike sparks Venezuela oil refinery blaze A lightning bolt ignited fuel at an oil refinery east of Caracas on Sunday, sending giant columns of black smoke into the sky and forcing hundreds to evacuate.