shell to divest 15% of its refining capacity – oil gas journal
Shell to divest 15% of its refining capacity Oil & Gas
Royal Dutch Shell PLC forecast its production will climb 11% during 2009-12, saying it plans to cut costs by divesting 15% of its refining capacity and 35% of its retail markets.
Fire hits at Shell’s German integrated refining complex. Royal Dutch Shell PLC has extinguished a fire that occurred at its Shell Deutschland Oil GMBH–operated petrochemicals plant at
Shell to exit New Zealand downstream Oil & Gas Journal
HOUSTON, Mar. 29-- Royal Dutch Shell PLC, after announcing plans to trim its refining and marketing operations, has reported an agreement to sell its downstream businesses in New Zealand. Shell
The PCK Refinery has the capacity to refine 220,000 barrels of oil per day. The value of the deal has not been disclosed as yet. However, Shell expects the deal to help it focus its downstream activity on areas where it can be most competitive. Shell intends to divest as much as $30 billion by exiting operations in five to 10 countries. It has
Global shift sees European oil refineries on the block
Asian refiners want to take advantage of the crisis in European oil refining to buy up capacity from the majors, battered by 15 year-low margins, and shift the power centre of the industry to state-run firms. Europe's BP and Royal Dutch Shell reported billions of dollars of losses from their oil refining business in the fourth quarter 2009. Shell is looking to divest 15 % of its global
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Oil & Gas Journal May 18, 2015
Oil & Gas Journal is the first place people look for the latest intelligence on every aspect of the oil and gas industry. A paid subscription brings you weekly issues of the print magazine plus full access to OGJ Online premium services including the electronic version of the current week's issue; searchable archives of back issues of Oil & Gas Journal and OGJ Online articles; exclusive market
Oil & Gas Journal is the first place people look for the latest intelligence on every aspect of the oil and gas industry. A paid subscription brings you weekly issues of the print magazine plus full access to OGJ Online premium services including the electronic version of the current week's issue; searchable archives of back issues of Oil & Gas Journal and OGJ Online articles; exclusive market
Global shift sees European oil refineries on the block
Asian refiners want to take advantage of the crisis in European oil refining to buy up capacity from the majors, battered by 15 year-low margins, and shift the power centre of the industry to state-run firms. Europe's BP and Royal Dutch Shell reported billions of dollars of losses from their oil refining business in the fourth quarter 2009. Shell is looking to divest 15 % of its global
and 0.9 million tonnes per annum (“mtpa”) of LNG capacity. The ramp-up of Shell’s flagship Pearl GTL project in Qatar continued during the quarter, and the project is on track to reach full capacity in the middle of 2012. In the last few weeks, crude oil processing commenced at the Port Arthur refinery
Andy brogan's presentation slides from the 2010 World
Andy Brogan, Ernst & Young World National Oil Companies Congress Page 11 Currently there are many opportunities for well capitalised NOCs Chevron Puts Its Last European Refinery On The Market 3 March 2010 Business Monitor Online Shell has agreed to sell its downstream business in New Zealand 29 March 2010 All Business Exxon Mobil sells petrol
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Shell completes Malaysia LNG Tiga equity sale Shell Global
Shell Gas Holdings (Malaysia) Limited, a subsidiary of Royal Dutch Shell plc, announced today that it has completed the sale of its 15% shareholding in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga) to the Sarawak State Financial Secretary (SFS) for an agreed consideration of $750 million.
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Shell (RDS.A) to Divest its 37.5% Stake in German
The PCK Refinery has the capacity to refine 220,000 barrels of oil per day. The value of the deal has not been disclosed as yet. However, Shell expects the deal to help it focus its downstream
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Shell (RDS.A) to Divest Coal Gasification Technology Unit
Integrated oil and gas company,Royal Dutch Shell plc RDS.A recently agreed to divest its coal gasification technology business and patent portfolio for liquids gasification to Air Products and Chemicals, Inc. APD, an industrial gas provider. The financial terms of the deal, which will close in the upcoming months, are yet to be disclosed.
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Royal Dutch Shell plc
and 0.9 million tonnes per annum (“mtpa”) of LNG capacity. The ramp-up of Shell’s flagship Pearl GTL project in Qatar continued during the quarter, and the project is on track to reach full capacity in the middle of 2012. In the last few weeks, crude oil processing commenced at the Port Arthur refinery
Get Price
Andy brogan's presentation slides from the 2010 World
Andy Brogan, Ernst & Young World National Oil Companies Congress Page 11 Currently there are many opportunities for well capitalised NOCs Chevron Puts Its Last European Refinery On The Market 3 March 2010 Business Monitor Online Shell has agreed to sell its downstream business in New Zealand 29 March 2010 All Business Exxon Mobil sells petrol
Get Price
Thai Oil Public Company Limited
One of the Most Complex Refineries in Asia Pacific (%) Thaioil can meet new environment specifications at lower cost Upgrading-to-Refining Ratio(1)(1) Source: 2004 Oil and Gas Journal, The Company (1) Hydrocracking, catalytic cracking, thermal cracking, catalytic reforming and isomerization capacities divided by total crude distillation capacity
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Shell to divest businesses Reuters
The Anglo-Dutch giant has said it is looking to divest 15 percent of its global refining capacity as the European oil industry battles a drop in demand for oil products and 15 year-low margins
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Oman Country Analysis Brief
the Arabian Peninsula by expanding its refining and storage sectors. A major bunkering and storage terminal near Sohar is scheduled to be completed in 2024, and the facility’s location outside the Strait of Hormuz could make it an attractive option for international crude oil shippers.15
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Hydrocarbon Processing Refining, Petrochemical, Gas
Guyed structures are common in petrochemicals, oil and gas and chemical industries. Half of the installed flare structures at many facilities are guyed. Various routine inspection programs are in place to examine these structures. This work describes some very basic checks, which should be in place to maintain their mechanical integrity.
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Shell (RDS.A) to Divest Coal Gasification Technology Unit
Integrated oil and gas company,Royal Dutch Shell plc RDS.A recently agreed to divest its coal gasification technology business and patent portfolio for liquids gasification to Air Products and Chemicals, Inc. APD, an industrial gas provider. The financial terms of the deal, which will close in the upcoming months, are yet to be disclosed.
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Shell's New Plan Has Fans
In addition to its layoffs, Shell plans to save as much as $3 billion by exiting 15% of its worldwide refining capacity and 35% of its current retail markets. That strategy will include offloading
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Shell Hikes Production, Trims Fat
Shares of Royal Dutch Shell were trading at more than double their usual volume on Tuesday after the company announced plans to take on new projects and reduce headcount. The Netherlands-based oil
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Refining: German refining industry on the verge
Germany produces very little domestic oil and natural gas, and relies on imports to meet 95% of its oil consumption. Despite its lack of natural resources, the country is the third-biggest refiner in Europe, after Russia and Italy. However, the German refining industry is on the verge
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Aberdeen Shell jobs look safe in latest culling News
SHELL jobs in the north-east look to have been spared the axe in the latest round of cuts at the oil and gas giant. It emerged yesterday that a further 1,000 positions globally are going, on top
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Petroleum industry in Iraq
Iraq was the world's 12th largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves after Venezuela, Saudi Arabia, Canada, and Iran.Just a fraction of Iraq's known fields are in development, and Iraq may be one of the few places left where vast reserves, proven and unknown, have barely been exploited.
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ExxonMobil, Shell, Neste take different paths to
Shell Invests In Gas and Renewables. Shell has pledged to cut its carbon footprint in half by 2050 from 2016 levels. Over the last several years, Shell has divested oil assets while acquiring natural gas holdings, most notably BG. The net result is that Shell is now the dominant player in global LNG with 22% of the market, and gas making up 60%
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Shell (RDS.A) to Divest Stakes in Two Wind Farm Projects
European oil giant Royal Dutch Shell plc RDS.A and co-partners Eneco Holding N.V. and Mistubishi are set to divest a combined 45% stake in two Dutch offshore wind farm projects. Notably, the fourth co-partner in the projects, Van Oord NV, will retain its stake. The two wind farms — Borssele III
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Shell to sell downstream businesses in Finland and Sweden
Shell has agreed to sell the majority of its refining and marketing businesses in Finland and Sweden to Keele Oy. Keele Oy is the major shareholder of St1 Holding Oy, whose businesses include fuel retail networks in Finland, Sweden, Norway and Poland.
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