SOURCE: Industrial Info Resources

December 26, 2007 05:05 ET

Shell, BP Compete in Refinery Investments in China, an Industrial Info News Alert

BEIJING--(Marketwire - December 26, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The competition between Shell and BP to build refineries in China continues. Shell originally planned to participate in the 15 million-ton-per-annum refinery project in Guangzhou in partnership with China National Petroleum and Chemical Corporation (Sinopec) and Kuwait Petroleum Corporation (KPC); however, BP was chosen instead. The project was approved about a year ago.

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