ROYAL DUTCH SHELL and CNOOC - CHINA NATIONAL OFFSHORE OIL CORPORATION are to create a joint-venture to build a petrochemical complex in southern China in which %40.05 bn will be invested. The Anglo-Dutch group will hold a 50% stake in this company called CNOOC AND SHELL PETROCHEMICALS COMPANY LTD, the remainder belonging to CNOOC, associated with the province of Guandong. From 2005, the new complex will produce 2.3 million tonnes of petrochemical products a year and should have an annual...