THE LONDON TIMES: Stop Press: “Shell disposal: Royal Dutch/Shell continued its disposal of non-core assets with the sale of a 70,000 barrels-per-day refinery in California. The oil giant, which is disposing of assets no longer deemed strategic, has agreed a deal to sell the refinery to a private company.” (ShellNews.net) 11 Jan 05

January 11, 2005

Drug shares soar

Shares in American Pharmaceutical Partners soared almost 30 per cent as the US Food and Drug Administration approved its new breast cancer treatment. The shares closed at $49.72, up 28 per cent, after the FDA said that the company could begin marketing Abraxane.

Shell disposal

Royal Dutch/Shell continued its disposal of non-core assets with the sale of a 70,000 barrels-per-day refinery in California. The oil giant, which is disposing of assets no longer deemed strategic, has agreed a deal to sell the refinery to a private company.

Click here for ShellNews.net HOME PAGE