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Event Brief

Jim Ratcliffe criticises UK and Europe over US oil deal

Ineos boss Jim Ratcliffe criticised the UK and Europe as Ineos and Shell plan new US oil and gas investment in the Gulf of Mexico.
WHO: Jim Ratcliffe
WHAT: Ineos and Shell jointly invest in exploration and production in the Gulf of Mexico
WHEN: May 5, 2026 at 7:05 AM ET
WHERE: Gulf of Mexico, USA
WHY: No specific cause was reported.

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