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ExxonMobil to Shut Down Altona Refinery in Australia, Convert to Terminal, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 81 Words
Attachment: altona

ExxonMobil announced on February 11 plans to shut its 90,000-barrel-per-day Altona refinery in Melbourne and convert it to an import terminal. This comes after the company reviewed operations and considered economic factors that impact earnings, such as declining domestic crude oil production.

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