Finance
US-Sanctioned Chinese Refiner Hengli Restructures Singapore Unit
China’s Hengli Group Co. has changed the ownership structure of its Singapore-based oil trading arm after the US sanctioned its refining unit, according to people with knowledge of the matter.
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Bloomberg
April 28, 2026·1 min read
Image: Bloomberg
China’s Hengli Group Co. has changed the ownership structure of its Singapore-based oil trading arm after the US sanctioned its refining unit, according to people with knowledge of the matter.
Original article
US-Sanctioned Chinese Refiner Hengli Restructures Singapore Unit
Published by Bloomberg