Shell, Cnooc joint venture to expand China petrochemical complex (SHEL:NYSE)

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Shell fuel deliviry truck driving on the road

Sjo/iStock Unreleased via Getty Images

Shell (NYSE:SHEL) said its joint venture with China’s Cnooc (OTCPK:CEOHF) has taken a final investment decision to expand its petrochemical facility in south China’s Guangdong province, targeting completion by 2028.

The expansion will include a third ethylene cracker with a

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