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    Home » Shell to reduce refinery portfolio by more than half

    Shell to reduce refinery portfolio by more than half

    July 11, 2021
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    News wire — Royal Dutch Shell plans to reduce its refining and chemicals portfolio by more than half, it said in July 2020 without giving a precise timeframe.

    The move is part of the Anglo-Dutch company’s plan to shrink its oil and gas business and expand its renewables and power division to reduce greenhouse gas emissions sharply by 2050.

    • Reuters
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