Article: In Brief.

China to unveil stimulus package SINGAPORE: China will unveil a 500 billion yuan ($73 billion) stimulus package for its oil and petrochemical industries, a Chinese newspaper reported, quoting unidentified sources.

The scheme, which is awaiting final approval by the State Council, will include a 100 billion yuan package to boost motor fuel quality and a 400 billion yuan spending on the construction of 20 new petrochemical facilities, the China Business News said. 'PDVSA asking too much' SAO PAULO: Venezuela state oil company PDVSA is asking too much for the heavy oil that Brazil's state-run oil company Petrobras hopes to use to supply its Abreu Lima refinery, a ...

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