(Bloomberg) -- ConocoPhillips, the third-largest
U.S. oil company, has reduced runs at its 227,000 barrel-a-day
Wilhelmshaven refinery in Germany after high oil prices made
refining uneconomic, the company's Chief Executive Officer Jim
Mulva said.
``We've taken an economic decision to cut back runs at the
Wilhelmshaven refinery,'' said Mulva in a conference call with
analysts and reporters yesterday. ``The less sophisticated
refineries such as Wilhelmshaven obviously are subject to, for
economic reasons, some cutbacks in runs.''
Read more at Bloomberg Energy News
U.S. oil company, has reduced runs at its 227,000 barrel-a-day
Wilhelmshaven refinery in Germany after high oil prices made
refining uneconomic, the company's Chief Executive Officer Jim
Mulva said.
``We've taken an economic decision to cut back runs at the
Wilhelmshaven refinery,'' said Mulva in a conference call with
analysts and reporters yesterday. ``The less sophisticated
refineries such as Wilhelmshaven obviously are subject to, for
economic reasons, some cutbacks in runs.''
Read more at Bloomberg Energy News
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