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Kuwait Petroleum, Sinopec in $9B refinery joint venture in China

Green Car Congress

The Chinese government recently granted final approval for a joint venture project between Kuwait Petroleum Corporation (KPC) and China Petroleum and Chemical Corporation (Sinopec), one of the world’s largest refiners, to build a world-class refinery and petrochemical complex in south China.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

The UAE includes data for three SWF funds only: Abu Dhabi Investment Authority ($773 billion), Abu Dhabi Investment Council ($110 billion), and Investment Corporation of Dubai ($183 billion)). Of the non-Saudi, non-Gulf Arab ally OPEC members, only Libyan per capita resources exceed the average. The December 2015 OPEC Meeting.