30 June 2011 Business
Industry news, July 2011
Energy giant Shell is selling off all of its Australian ‘downstream’ businesses – including bulk fuels, bitumen, chemicals and part of its lubricants segment – to energy and commodity trader Vitol for $2.6 billion (£1.6 billion).
The deal includes Shell’s refinery at Geelong, but excludes its aviation fuel division as well as its lube oil blending and grease plants in Brisbane, which will be converted to bulk storage and distribution facilities. Shell expects Vitol to retain the majority of staff employed at the transferred plants.
Shell will continue its ‘upstream’ exploration and production activities in Australia.
31 July 2015 News and Analysis
Explosion injuring a member of the National Institute of Standards and Technology's security force uncovered methamphetamine ...
27 July 2015 Organic Matter
BRSM wonders what makes a route so good it becomes the last total synthesis of a complex target
5 March 2015 News and Analysis
US agency criticised for failing to investigate link between glyphosate and the dwindling monarch butterfly population