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Exxon to shut Altona oil refinery
Australia’s embattled oil refining sector is set to suffer another heavy blow, with ExxonMobil expected to announce the closure of its 72-year-old Altona refinery in Victoria on Wednesday.
The US energy giant is understood to have advised the Victorian government of its decision, which comes less than five months after fellow international major BP pulled the plug on its only remaining refinery in Australia, at Kwinana in Western Australia.
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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
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