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Exxon Sinks $1B Into Belgian Refinery Upgrades

By Keith Goldberg (July 2, 2014, 1:57 PM EDT) -- Exxon Mobil Corp. said Wednesday that will spend at least $1 billion to upgrade its refinery in Belgium to allow it to produce more transportation fuels, such as marine gas oil and diesel fuel, in order to meet steady demand in northwest Europe....

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