China offers $1.3bn financing for Iran refineryChina has opened a line of credit worth $1.3 billion to finance to renovate Abadan Oil Refinery in Iran, a top official said. "China's Export and Credit Insurance Corporation (Sinosure) has opened a $1.3-billion credit li More… |
Blast, fire at refinery as Ahmadinejad visitsAn explosion blamed on a technical problem caused a fire at an oil refinery in Iran during a visit by President Mahmoud Ahmadinejad on Tuesday, the semi-official Fars news agency reported. Six people were injured but Ahm More… |