Shell arm reassigns finance executive: official at 'upstream' unit, Coopman, is first casualty since big March shakeup

Article Abstract:

Royal Dutch-Shell Group of Cos.' Chief Financial Officer Frank Coopman has turned down an offer for an unspecified position at the company, but no reasons for the offer or its refusal have been given as of yet. This is the first management shift evident since the board ousted Walter van de Vijver, former upstream division head, and Chairman Philip Watts.

Netherlands, Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, Royal Dutch-Shell PLC, Coopman, Frank

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BP will forgo refinery project with Hindustan

Article Abstract:

BP PLC of the United Kingdom has decided against a joint venture with Hindustan Petroleum Corp. of India to build a $3 billion refinery in northern India. Growing demand for petroleum and petroleum products in India is only outpaced by demand in China.

United Kingdom, Joint ventures, India, Petroleum refining, BP PLC, Company joint venture, Hindustan Petroleum Corporation Ltd.

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