China’s CNOOC Earned 44 Billion Yuan in 2008

Global Refining & Fuels Report: News from Middle East / Asia	April 08, 2009
Theresa Ward, Managing Editor, Newsletter Group	E-mail

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Volume 13, Issue 7

Top Stories
Do Wagoner’s Fellow CEOs Have Reason to Worry?
Themes of EIA Conference: Energy Efficiency, Tough Policy and Comprehensive Approach
Germany Continues to be First in Gasoline Sulfur Standards
Infrastructure Investments Key to Success of Electric Vehicle: Report
Australia’s CityView Forms Venture for Refinery Acquisition
Decision on Location of Pemex’s Seventh Refinery Set for April: Official
Biden, Chu Announce $3.2 Billion to Promote Energy Efficiency and Conservation
U.S. DOT Raises CAFE Standard for 27mpg for MY2011
FBR: U.S. Climate Change Legislation Likely in 1H2010
Pemex May Begin Blending Ethanol with Gasoline
U.S. Gasoline Demand to Fall Through 2030: Hart Analyst
Study: Gasoline Has Peaked; Time to Invest for Mid-Distillate
EIA Sees Decline in U.S. Gasoline Consumption Through 2030
White House Auto Task Force: Chevy Volt ‘Too Expensive’
ConocoPhillips CEO: Coordinate U.S. Policy Efforts on Energy, Climate
Hart-EPA Joint Webinar Offers Insight into RFS
Market Snapshot
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News from Americas
Pemex Receives Bids for Gasoline Desulfurization Units
ConocoPhillips Expects Reduced Downstream Results in Q1
Valero Purchase of VeraSun Facilities Closed
Canada to Regulate Vehicular GHG Emissions Starting With MY2011
Ecopetrol Considering Options to Raise Funds for Investment Plan
News from Middle East / Asia
PetroVietnam Secures Additional Funding for Dung Quat Refinery
Indian Oil Merges with Bongaigaon Refinery
Turcas Petrol to Increase Capital Due to Socar Joint Venture
Despite Contract Cancellation, Tatarstan Refinery Project Still On
China, Russia Moving Forward on JV
Pakistan’s Bosicor to Invest $500 million in Oil Sector
Sinopec Earned 30 Billion Yuan in 2008
Israel’s Oil Refineries Lost $109 Million in 2008
Mazda Begins Leasing Hydrogen/Gasoline-Electric Hybrid
China’s CNOOC Earned 44 Billion Yuan in 2008
Bhatinda Refinery Future Could Hang in the Balance
Mitsubishi to Double Production Output of Electric Car
Iraq Awards Refinery Design Contract to Foster Wheeler
Qatar Delays Refinery Project, Other Energy Ventures
News from Europe / Africa
PKN Orlen Completes Purchase of Lithuanian Refinery Stake After Initially Missing Deadline
Lukoil 2008 Earnings Down 4%
Who Gets Mombasa? Kenya Refinery Sale Drags On
India’s Tata Motors to Launch Electric Vehicle in Norway
Sweden Proposes Increasing Tax for Higher CO2–Emitting Cars
Report: Eni Intends to Sell Livorno Refinery
OMV Sells MOL Stake to Russia’s Surgutneftegas
Total Uganda Completes Purchase of Chevron Uganda
Spanish Bank Sells Cepsa Stake to IPIC
Market Report
NYMEX Crude Falls 3.7% Tuesday

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