Huizhou
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CNOOC, Shell Invest $5.6 B in New Ethylene Project
Wednesday, 20th May 2020
China National Offshore Oil Corp (CNOOC) and Shell Petrochemicals Company Ltd (CSPC), a joint venture established by CNOOC and Royal Dutch Shell, signed a strategic cooperation framework agreement with Shell worth $5.6 billion for the phase III ethylene project.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 62.97 | -0.25% |
Crude Oil (Brent) Brent | USD/bbl | 66.63 | -0.21% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +1.27% |
OPEC Basket Price | USD/bbl | 64.48 | +1.72% |
Last Modified April 19, 2021