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Shell, BP to Close, Sell Oil Refineries in Europe, U.S.

By Nidaa Bakhsh – Feb 9, 2011 12:01 AM GMT+0000

Royal Dutch Shell Plc and BP Plc, Europe’s largest oil companies, plan to close and sell refineries in the U.S. and Germany on declining demand for fuels such as gasoline in developed nations.

BP plans to sell its 475,000 barrel-a-day Texas City refinery in Texas and its 266,000 barrel-a-day Carson plant in California, the London-based company said on Feb. 1.

Shell plans to stop oil-processing at its 110,000 barrel-a- day Hamburg facility in 2012 after failing to find a buyer, the company based in The Hague said on Jan. 12.

Following are two tables. The first lists refineries around the world that have shut, are slated for permanent closure or conversion, units idled for economic reasons, and those that are up for sale. The second shows refinery sales that have been agreed or completed since early 2010. Capacity is shown in thousands of barrels of oil a day.

                 FOR SALE, CLOSURE OR CONVERSION

Company      Refinery         Status                 Capacity

EUROPE

Shell        Hamburg          Plans to convert       110
             Germany          site into terminal
                              in 2012, after
                              failing to find
                              buyer, company
                              said on Jan. 12.

Shell        Stanlow          Up for sale.           233
             U.K.             Announced in August
                              2009.

NORTH/CENTRAL AMERICA

Shell        Montreal         Conversion to          130
             Canada           terminal after
                              operations ceased in
                              Oct. 2010.

ASIA PACIFIC

Showa Shell  Keihin           Permanent closure      120
             Japan            of Ogimachi crude
                              unit in September
                              2011.

 COMPLETED OR AGREED SALES

Company      Refinery         Status                 Capacity

Shell        Gothenburg       Agreed sale to St1     78
             Sweden           Oy of Finland on Oct.
                              27.

Shell        Heide            Agreed sale to         91
             Germany          U.K.’s Klesch & Co.
                              on Aug. 20.

Shell        Marsden Pt       Shell sells 17%        109
             New Zealand      share to Infratil
                              and government
                              pension fund in
                              March 2010.

To contact the reporter on this story: Nidaa Bakhsh in London at [email protected]
To contact the editor responsible for this story: Stephen Voss at [email protected]
Full article – the above only shows Shell refineries

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