FUZHOU, Nov. 18 (Xinhua) -- The construction of a mega oil-refining and petrochemical project began on Monday in east China's Fujian Province. The project has a total investment of 71.1 billion yuan ...

Moscow's most troubled oil refining plants could shut down as soon as early next year, one source told Reuters.

The government on Monday withdraws the windfall tax levied on Aviation Turbine Fuel (ATF), crude products, petrol and diesel ...