Royal Dutch Shell to permanently shut its Philippine refining unit in the wake of pandemic-led margins slump.
- The Company has decided to close one of its two refineries in the region, and some independent analysts assess that other regional closures would follow.
- Shell suggested that Tabangao facility of the Pilipinas Shell Petroleum Corp, which holds the capacity of 1.1 million barrels per day is no longer economically viable.
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
Get an insight into the lithium prices and the trends. The supply glut kept the lithium prices in check. The escalated bilateral trade dispute between the United States and China significantly impacted the lithium chemical prices.
Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.