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Russia’s state-controlled oil giant Rosneft and Chinese energy
company CEFC—which has agreed to buy 14 percent in Rosneft—are
deepening their strategic cooperation by signing an agreement to
study the possible construction of a petrochemical facility in
China’s Hainan province. Rosneft and CEFC will set up joint working
teams “to discuss technical configurations of the project as well
as commercial and economic matters,” the Russian company said in a
statement on Friday. The two companies plan to conduct a
joint…

Russia’s state-controlled oil giant Rosneft and Chinese energy
company CEFC—which has agreed to buy 14 percent in Rosneft—are
deepening their strategic cooperation by signing an agreement to
study the possible construction of a petrochemical facility in
China’s Hainan province. Rosneft and CEFC will set up joint working
teams “to discuss technical configurations of the project as well
as commercial and economic matters,” the Russian company said in a
statement on Friday. The two companies plan to conduct a
joint…

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