The additional funding will cover works not initially included in the project's proposal, higher construction, and startup costs, according to the document and sources. (Reuters) As expected, western news organizations are pouncing on this news, as it gives them an excuse to bash a refinery...

Shell to supply crude to Pemex's Deer Park refinery under long-term pact. Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A...