Oil & Gas Refining and Marketing

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Shanghai Lonyer Fuels updates joint venture establishment plan

Shanghai Lonyer Fuels Co Ltd:To set up a joint venture in Shanghai, with Global Far Inc. as well as a Shanghai-based metal material company whose actual controller is Fu Yueqin.The Shanghai-based joint venture capitalized at 80 mln yuan will be engaged in nonferrous metal and oil commodities trading...

Friday, 30 Jan 2015

Shandong Shengli issues 2014 net profit outlook

Shandong Shengli Co Ltd:Sees net profit outlook for 2014 to increase 50 pct to 100 pct, or to be 31 million yuan to 41 million yuan.Says the net profit of 2013 was 20.5800 mln yuan.Comments that increased natural gas business income is the main reason for the forecast.

Friday, 30 Jan 2015

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