Reuters: China's environment ministry will stop approving some new refining projects and upgrades of existing facilities by the country's top state-owned oil firms after the two failed to meet key pollution targets in 2012, it said on Thursday.
The Ministry of Environmental Protection (MEP) said China National Petroleum Corporation (CNPC) failed to meet targets to cut chemical oxygen demand in 2012, while Sinopec Group failed to meet a target to cut nitrogen oxide emissions.
Officials from the companies...