China's Unipec takes over oil supplies to private refiners facing tax probe | Hellenic Shipping News Worldwide

Unipec, the trading arm of Asia’s largest refiner Sinopec 600028.SS0386.HK, has stepped in to supply crude oil to two independent refiners facing an official tax probe, as Beijing moves to help them maintain their operations for now, several sources told Reuters. The step restores some demand from independent buyers through state majors at the world’s ...

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