Chinese owner of Grangemouth oil refinery decides to exit his joint venture with billionaire Jim Ratcliffe
According to The Mail on Sunday, the Chinese owner of the massive Grangemouth oil refinery in Scotland may leave his joint venture with billionaire Jim Ratcliffe after more than a decade. PetroChina, Beijing’s largest oil and gas producer, is reportedly considering selling its investment in Petroineos, an oil trading and refining business co-owned by Ratcliffe’s … Read more