China’s state-owned Guandong Zhenrong Energy Co. Ltd. (GDZR), Guangzhou, has entered a memorandum of understanding (MOU) with a division of BP PLC as part of GDZR’s agreement with the government of Curacao to take over operatorship as well as finance an upgrade of state-controlled Refineria Di Korsou NV’s (RdK) 320,000-b/d refinery at Emmastad, Curacao.

Source: News