Feb 10, 2006
BEIJING (AFX) – PetroChina, Sinopec, CNOOC, BP and Shell are all in talks to buy Shanghai Star City Petroleum Co Ltd (SSCP), the largest privately-owned oil firm in Shanghai, the China Business News reported.
Citing an official with SSCP, the report said SSCP are in negotiations with all five oil corps and expect an outcome later this year.
SSCP owns 20 gasoline stations in Shanghai and with China scheduled to open its oil products wholesale market by the end of this year in compliance with its WTO commitments, the five oil giants are all keen to buy the assets.
SSCP would prefer to cooperate with one of the domestic oil giants as they control oil supply in the Shanghai region, the report said.
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SHELL PROPPED UP APARTHEID
ARTICLE: U.S. unions urge boycott of Shell to fight apartheid: 19 Jan 1986
ARTICLE: Shell, South Africa and Apartheid: 16 Oct 2012
ARTICLE: Shell propped up racist apartheid regime in South Africa: 24 Nov 2012
ARTICLE: The Neptune Strategy:Shell, propped up Apartheid in South Africa: 26 Nov 2012
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RELEVANT PAGES FROM "A HISTORY OF ROYAL DUTCH SHELL, VOLUME 3, PUBLISHED IN 2007. PREPARED BY SHELL'S PAID HISTORIANS. DEALS WITH SHELL'S SUPPORT FOR APARTHEID
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