Shell to reduce refinery portfolio by more than half
7/8/2021 11:56:45 AM
Royal Dutch Shell plans to reduce its refining and chemicals portfolio by more than half, it said in July 2020 without giving a precise timeframe.
The move is part of the Anglo-Dutch company's plan to shrink its oil and gas business and expand its renewables and power division to reduce greenhouse gas emissions sharply by 2050.
Here is a list of its refineries at the end of 2019.
Name
|
Location
|
CDU* Capacity
|
Shell stake
|
Stays with Shell?
|
|
Europe
|
Fredericia
|
Denmark
|
68
|
100
|
Sold
|
Miro
|
Germany
|
287
|
32
|
||
Rhineland
|
Germany
|
325
|
100
|
Yes
|
|
Schwedt
|
Germany
|
214
|
38
|
Stake sold [USN:L5N2OK4GA]
|
|
Pernis
|
Netherlands
|
405
|
100
|
Yes
|
|
Asia
|
Tabangao
|
Philippines
|
95
|
55
|
To shut down [USN:L4N2FG18P]
|
Pulau Bukom
|
Singapore
|
463
|
100
|
Capacity halved [USN:L1N2HW0LV]
|
|
Africa
|
Durban
|
South Africa
|
165
|
36
|
|
Canada
|
Scotford
|
Canada
|
92
|
100
|
Yes
|
Sarnia
|
Canada
|
78
|
100
|
||
USA
|
Martinez
|
California
|
144
|
100
|
Sold Feb 2020
|
Convent
|
Louisiana
|
239
|
100
|
Closing [USN:L1N2HR2AW]
|
|
Norco
|
Louisiana
|
229
|
100
|
Yes [USN:L2N2OC25X]
|
|
Deer Park
|
Texas
|
312
|
50
|
Sold [USN:L2N2ND16O]
|
|
Puget Sound
|
Washington
|
137
|
100
|
For sale [USN:L1N29E0U2]
|
|
Mobile
|
Alabama
|
90
|
100
|
Sold [USN:L2N2ND33Z]
|
* Crude distillation unit
Reporting by Ron Bousso Editing by David Evans and David Goodman
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