(EnergyAsia, May 30 2012, Wednesday) — ExxonMobil and Caltex said they are still looking to maintain their loss-making oil refining business in Australia, and would appreciate some support from the government. ExxonMobil will likely report a loss for 2011, but expects to turn in a profit this year on improving margins for producing fuels and…
AUSTRALIA: Majors may still want to keep refining business
Posted on May 30, 2012 by EnergyAsia