Shell to Shed Nigerian Oil Licenses Worth $2 Billion to
Shell Bags License To Trade Oil Products In China’s Wholesale Market. Royal Dutch Shell plc (Shell), a renowned European multinational oil & gas company, has reportedly been awarded a trading license by the Chinese government that allows it to independently trade its oil products in China's wholesale market.
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China: Shell subsidiary wins oil products wholesale
Shell’s chinese subsidiary Shell (Zhejiang) Petroleum Trading has received a license to trade refined oil products in the Asian country, reports Caixin.. Shell will now be able to independently trade oil products in China’s wholesale oil market a sign of China’s
A logo of Royal Dutch Shell. [Photo/IC] With the living standards rising and new sectors of the economy opening up in China, oil giant Royal Dutch Shell
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Shell China, a unit of Royal Dutch Shell, said on Monday that its Zhejiang-based subsidiary Shell (Zhejiang) Petroleum Trading Ltd Co has received a license to trade refined oil products in China
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Among the top imports in Italy are minerals, nonferrous minerals, transport and energy products, chemicals, but also textiles, clothing and food and beverages.The reason for which Italy imports products from the energy sector, such as oil, is that it has very few oil deposits. Because it also has a strong lack of minerals and metals, it is mandatory for the country to import them in order to
- Why is shell investing in China?
- Yet, the investment in China highlights the importance Shell and other major oil firms attach to the growth in petrochemicals driving oil demand. Chinese demand growth is expected to be dominated by petrochemicals, and the world’s biggest oil firm, Saudi giant Aramco, has already moved to lock in future demand.
- Why is shell expanding its joint-venture petrochemical complex in China?
- Shell is expanding its joint-venture petrochemical complex in China, betting on continued growth in petrochemical demand in the world's largest oil importer.
- What will China's oil market look like in the future?
- Chinese demand growth is expected to be dominated by petrochemicals, and the world’s biggest oil firm, Saudi giant Aramco, has already moved to lock in future demand. By Tsvetana Paraskova for Oilprice.com
