Major oil companies are reviewing their refining and petrochemicals operations in France, with a view to meeting new fuels specs, improving efficiency, and cutting costs.
Among the changes planned are:
Upgrades of two refineries operated jointly by BP France and Mobil Oil Française, to prepare for approaching changes in European Union fuel specifications.
Cost-cutting in BP Amoco plc's chemicals business, to include layoffs, divestments, and possibly a plant closure.
Plant expansions and integration of refining and petrochemicals operations by Esso SAF.
The BP-Mobil European refining joint venture is...