THE South African units of global oil giants Shell Group, BP Amoco Plc and Caltex Oil have cancelled plans for a supply joint venture. Caltex representative James Seutloadi said the decision was taken after consulting all stakeholders. ”We looked at the various responses of a wide section of stakeholders and thought we should withdraw from the project,” he said. The three companies proposed the domestic supply and distribution network joint venture in August last year to lift margins. – Reuters