China firm wins Myanmar approval for $3 bln refinery

BEIJING, April 5 Chinese state-controlled commodity trader Guangdong Zhenrong Energy Co has won approval from the Myanmar government to build a long-planned $3 billion refinery in the Southeast Asian nation in partnership with local parties including the energy ministry, company executives said on Tuesday. The project, which also includes an oil terminal, storage and distribution […]

China Cutbacks Put Burma Oil Terminal, Pipeline in Doubt

The future of China’s multi-billion dollar investment in an oil terminal and transshipment pipeline in Burma may be in doubt, after a major processing refinery project in China was delayed. The controversial refinery in the Yunnan Province capital of Kunming, which sparked angry street protests last year over pollution worries, will not now be built […]