Shell to construct bitumen production facility in Batangas
PILIPINAS Shell Petroleum Corp. will construct a bitumen production facility in Batangas, the newly appointed country chairman of Shell companies in the Philippines said.
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PILIPINAS Shell Petroleum Corp. will construct a bitumen production facility in Batangas, the newly appointed country chairman of Shell companies in the Philippines said.
While I write this on the evening of November 1, by the time this gets out in print, Pilipinas Shell Petroleum Corp. (SHLPH) would have listed on Friday and the suspense would have been over if it was a good buy. Prior to the actual offer period, the mood was understandably cautious, given the weakness of the market, plus the mixed review of the actual SHLPH IPO.
Singapore, which is vying to become a regional center for the trading of liquefied natural gas (LNG) in Asia, picked Royal Dutch Shell Plc. and Pavilion Gas Pte. Ltd. as its next suppliers of the fuel.
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