BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Agriculture

China's CNPC buys a 30% stake in Brazilian trading company TT Work

Grains | Thermal Coal | LNG | Oil

Market Movers Asia, Sep 24-28: OPEC decision, geopolitical climate, trade war in focus at APPEC 2018

Agriculture | Biofuels

Platts Biofuelscan

Agriculture | Natural Gas | LNG | NGL | Oil | Crude Oil | Refined Products | Petrochemicals | Shipping

Houston Energy Forum at the S&P Global Platts Energy Symposium

Oil

Crude oil futures inch down amid mild profit taking, awaits EIA data

China's CNPC buys a 30% stake in Brazilian trading company TT Work

CNPC's international unit, PetroChina International Co, has signed a contract to acquire a 30% stake in Brazilian oil products trading company TT Work, CNPC said Thursday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

This will help distribute CNPC's oil products in Brazil as TT Work needs to import oil products.

Private company TT Work, the fourth largest oil products distributor in Brazil, now has about 13 storage facilities which serve around 2,200 gasoline stations in the country, CNPC said.

Brazil is one of the biggest oil product consumers and importers in Latin America.

China did not export any gasoil or gasoline to Brazil last year.

CNPC last year tried to increase its oil products exports to Latin America, sending its first cargo of 10 ppm sulfur gasoil from its Guangxi Petrochemical unit in September.

--Staff, newsdesk@spglobal.com
--Edited by Jonathan Dart, jonathan.dart@spglobal.com