Shell to begin $7 billion Port Arthur refinery expansion
LONDON/NEW YORK (Reuters) – Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, that will make the plant one of the biggest in the world.

Source: feeds.reuters.com

Pfizer looks to spin off cream of Japan lab
TOKYO (Reuters) – Pfizer Inc , the world’s largest drug maker, said on Friday it is in talks with investors about spinning off its Japanese research and development laboratory, albeit as a much smaller organization.

Source: feeds.reuters.com