Article Abstract:
Royal Dutch Shell PLC has announced plans to increase its refining capacity in the Asian region by 22% by year-end 2010. The move is fostered by rising demand in Asia for oil products, while markets in Europe and the US have either fallen or remained relatively flat.
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Article Abstract:
India's Reliance Industries Ltd. is examining the possibility of purchasing refineries in the Middle East and the U.S. The firm's interest also includes the acquisition of production blocks as well as upgrading and modernizing existing refinery projects overseas.
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Article Abstract:
Royal Dutch-Shell Group of Cos. of the Netherlands is planning further investment in China in a bid for greater market share in China. The petroleum giant is to invest another $500 million in China in 2006.
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