Low-sulfur diesel is used in the trucking industry and in heavy-duty machinery. Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, the company said on Tuesday. CONVENT - Shell announced on Nov. 5 their plans to begin shuttering its Convent refinery in the coming weeks after it failed to find a buyer for the facility. In March, the oil giant announced its intention to sell refineries in Washington and Alabama but has not announced any completed sales. Equilon Enterprises is further trimming US refining operations with the proposed sales of its 149,000-b/d Puget Sound refinery near Anacortes, Wash., and subsidiary Shell … We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. Shell Convent, Convent, Louisiana. HOUSTON (Reuters) - Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, sources familiar with plant operations said on Tuesday. A key advantage of these core sites will come from further integration with Shell trading hubs, and from producing more chemicals and other products resilient in a lower-carbon future, such as bitumen and base oils. The company said in 2019 it would structure its operations to match the future market for downstream products with a focus on its chemicals business. MOSCOW -- Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, said Hydrocarbonprocessing.Robin Mooldijk, Shell’s executive vice president of manufacturing, told employees in an internal message about the possible sale of the refinery, located 58 miles (93 km) west of New Orleans, according to sources familiar with plant operations. Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, sources familiar with plant operations said on Tuesday. It's a 100% exact genomic match. The closure of the Shell refinery in Convent, which produces jet fuel, gasoline and diesel, will cost another 1,100 workers in their jobs: 700 at the plant and 400 contractors. Refining margins have been down substantially since the pandemic started. Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, sources familiar with plant operations said on Tuesday. Receive our cutting-edge 3-part investor education series for FREE. Facebook. We will not share your email address.You can unsubscribe at any time. (Bloomberg) -- Royal Dutch Shell Plc will begin shutting its Convent refinery in south Louisiana mid-month while it continues to seek a buyer … Since the start of the year, the Shell share price has plummeted from highs of £23.09 to as low as 970p as the Covid-19 pandemic struck. Shell put the Convent refinery up for sale in July, and was quick to pull the trigger on the closure, the sources said. Shell is now implementing a new downstream strategy to reshape its refining business towards a smaller, smarter refining portfolio focused on further integration with Shell Trading hubs, Chemicals, and Marketing. Elsewhere, Canada’s Come-by-Chance plant in Newfoundland and Labrador has been idled since May. When Shell announced it would close its big oil refinery in Convent, the energy company said the 1,100-employee complex didn’t fit into its plans for a low-carbon future. Texas forced to have rolling black outs. Print (The Associated Press) Royal Dutch Shell Plc is contemplating the sale of its Convent refinery and associated infrastructure—including a salt cavern for LPG storage in Sorrento, marine docks, products truck terminal and line history rights for the Bengal … In June 2019, Shell announced the sale of its Martinez, CA, refinery to PBF Energy, and in March of this year, Shell put its Mobile, AL, and Puget Sound, WA, refineries on the block. 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Shell to reduce refinery portfolio to six sites from 14.
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