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China 'teapot' refiners halt plants as new fuel tax bites, sources say. By Chen Aizhu and Trixie Sher Li Yap. January 27, 2025 11:07 AM UTC Updated January 27, 2025 An independent ...
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Cryptopolitan on MSN'Teapot' refineries & ghost tankers: China's playbook for dodging U.S. sanctions on Iran oilChina has quietly ramped up its imports of Iranian oil, using shadowy shipping tactics and independent “teapot” refineries to ...
China teapot oil refiners improve run rates but demand woes, sanctions weigh. By Siyi Liu and Trixie Sher Li Yap. April 7, 2025 3:31 AM UTC Updated April 7, 2025 A Shandong Haiyou ...
China will allow more oil refiners to process imported crude, opening the door for small, independent plants known as teapots to use an alternative feedstock.
These “teapot” firms were toughing it out before the coronavirus epidemic hit China’s economy, due to cutthroat competition with bigger state-owned rivals, rising costs and weaker sales.
China’s uncertain economic prospects are stressing the oil refiners that produce diesel, ... China’s Teapot Oil Refiners Slash Output as Industrial Demand for Fuel Fizzles.
China’s independent refineries are becoming more assertive in global oil trading, procuring larger volumes of crude and buying it directly from the market.. The country’s so-called “. teapot ...
China’s new ‘teapot’ oil giants flourish in Xi’s clean energy wave. By Bloomberg News. August 11, 2021 — 11.01am. Save. Log in, register or subscribe to save articles for later.
Run rates for China's struggling independent oil refiners have nudged up recently, but still face near-term pressure over tepid domestic fuel demand and supply risks from U.S. sanctions and ...
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