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Bloomberg

Oil giant plans 15b yuan fuel refining upgrade
China National Petroleum Corp (CNPC) would spend 15 billion yuan (HK$18.49 billion) to upgrade the quality of fuel it refines, general manager Zhou Jiping said. CNPC would upgrade the standard of its fuel to China IV from China III, Zhou said. The country's largest oil companies announced the upgrade plans after air pollution in Beijing hit hazardous levels on 20 days in January. Bloomberg
 
Index signals slowing in service sector growth
Mainland services industries grew at a slower pace in February, an official survey showed. The non-manufacturing Purchasing Managers' Index fell to 54.5 last month from 56.2 in January, the Beijing-based National Bureau of Statistics and China Federation of Logistics and Purchasing said in a statement yesterday. A survey reading above 50 indicates expansion.
 
Wynn directors to face renewed US fund suit
Steve Wynn and other directors of Wynn Resorts face renewal of a shareholder lawsuit alleging a US$135 million donation to the University of Macau breached fiduciary duties and wasted company assets. The accusations by a Louisiana police retirement fund were dismissed last month by a US district court judge in Las Vegas but a new suit will be filed by March 18. Bloomberg
 
Japan's exporters to profit from weak yen
Japanese exporters expect to be profitable as a weaker currency helps boost the yen value of their overseas earnings, according to a survey of companies released by the Cabinet Office. Bloomberg


China Energy Reserve, a would-be real estate magnate, misses payment on US$350 million bond

China’s state oil behemoth gets a marquee Hong Kong address after buying Li Ka-shing’s building

China National Petroleum appointing new head of trading arm as Wang Lihua retires

China’s central bank officials  remain hopeful about future of shrinking dim sum bond market 

China National Petroleum Corporation (CNPC)

Business Digest, March 4, 2013

University of Macau

Business

China Business

China National Petroleum Corp (CNPC) would spend 15 billion yuan (HK$18.49 billion) to upgrade the quality of fuel it refines, general manager Zhou Jiping said.


Business Digest, March 4, 2013

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}China National Petroleum Corp (CNPC) would spend 15 billion yuan (HK$18.49 billion) to upgrade the quality of fuel it refines, general manager Zhou Jiping said.

China National Petroleum Corp (CNPC) would spend 15 billion yuan (HK$18.49 billion) to upgrade the quality of fuel it refines, general manager Zhou Jiping said.