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Last updateTue, 05 May 2015 1pm

Climate Bill to Force Refinery Closures: Petroplus

An international pact and U.S. legislation to tackle climate change will hit oil refiners' profits and may force some to shut some capacity, Thomas O'Malley, chairman of Swiss refiner Petroplus, said on Thursday.

 

Leaders from 190 nations will meet in Copenhagen in December to try to hammer out a new pact to fight global warming.

 

Source: Reuters

 

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