China to Take Oil-Refining Crown Held by U.S. Since 19th Century
China Petroleum and Chemical Corporation oil refinery (Photographer: Kevin Lee/Bloomberg News) 

China to Take Oil-Refining Crown Held by U.S. Since 19th Century

(Bloomberg) -- Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s ...
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