As Shell (RDS.A +1.16%) and Total (TOT -1.27%) divest of refining assets, PetroChina (PTR...

|By:, SA News Editor

As Shell (RDS.A +1.16%) and Total (TOT -1.27%) divest of refining assets, PetroChina (PTR -0.21%) is expanding its European operations, purchasing 50% of Scotland's privately held Grangemouth refinery (terms not disclosed).