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Independent Chinese oil firms on hiring spree

They are luring traders, marketers, risk managers away from state-owned companies with better pay and perks

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China's independent "teapot" refiners, so called due to their small size, could be processing by the end of this year as much as a fifth of the crude imports of the world's No 2 oil consumer.

Beijing

CHINESE independent oil companies are luring traders, marketers and risk managers away from dominant state behemoths, offering better pay and perks in a hiring spree triggered by the freeing up of China's crude import trade.

Global oil firms and commodity houses have also...

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