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Posts on ‘December 4th, 2009’

Shell pulls out of $9bn refinery plan in China

Financial Times

By Ed Crooks, Energy Editor

Published: December 4 2009 20:49 | Last updated: December 4 2009 20:49

Royal Dutch Shell has pulled out of a proposed $9bn (£5.5bn) refinery project in China, in a sign of the difficulties faced by western oil companies seeking to profit from the country’s rapidly rising demand for energy. read more

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