Shell pulls out of Zimbabwe
Monday 14 July 2008
Shell is selling its 50% share in its Zimbabwe joint venture with BP to South African firm Engen Petroleum, news agency ANP reported on Friday.
Spokesman Dennis Matsane said the decision was unconnected with the political situation in Zimbabwe. ‘It is a strategic decision following on from the research we did last year into the profitability of all downstream activities – the consumer end of the chain,’ ANP reported him as saying.
© DutchNews.nl
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Monday: Between 2º and 5º with light snow or sleet. Around zero at night. Similar Tuesday
Meeting and parting such is life. Marriage of inconvience or convience. Dirvorce simple.Those who can't stand the smoke in the kitchen can ship out.Hypocricy.
By cm | July 14, 2008 12:27 PM