APPEC: China oil refiners diversify anticipating tougher emissions regulations

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China’s top oil refiners are diversifying into alternative energy businesses on expectations that long-term regulations on carbon and greenhouse gas emissions would tighten, despite the country’s near-term focus on energy security, executives said at the Asia Pacific Petroleum Conference organized by S&P Global Commodity Insights Sept. 26-28. The current global energy crisis had raised concerns about whether China would continue…