Shell to Shut Down Philippine Refinery and Turn It into Import Terminal

The Philippine unit of Royal Dutch Shell said on Tuesday it will permanently shut one of the country’s two oil refineries, blaming a pandemic-led slump in margins, with other regional closures likely to follow, according to analysts.Pilipinas Shell Petroleum Corp said its 110…

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https://www.marinelink.com/news/shell-shut-down-philippine-refinery-turn-480892

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