China’s Sinopec raises 2021 capital expenditure by 23.8%

2/2 © Reuters. FILE PHOTO: Fracking trucks at work are seen at a shale gas well of Sinopec in Nanchuan, Chongqing 2/2 BEIJING (Reuters) – China Petroleum (NYSE:) & Chemical Corp, better known as Sinopec (NYSE:), plans a 23.8% increase in capital spending to 167.2 billion yuan in 2021 following recovery of oil prices and […]

Continue Reading

IMF to back Chile’s request for $23.8 billion flexible credit line

© Reuters. FILE PHOTO: The logo of the International Monetary Fund (IMF) is seen during a news conference in Santiago WASHINGTON (Reuters) – The International Monetary Fund on Tuesday said its managing director would recommend approval of Chile’s request for a two-year, $ 23.8 billion flexible credit line, given the Latin American country’s “very strong […]

Continue Reading