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re: Shell selling Convent refinery
Posted on 7/7/20 at 10:45 am to wileyjones
Posted on 7/7/20 at 10:45 am to wileyjones
No surprise at all. Shell has been dumping refineries all over the place for the past few years.
What's strange with how this will all play out is that when that refinery was under the Motiva name, they spend a shitload of money running three piplelines to Norco with the intent of shutting down the Convent FCCU and sending feed to Norco.
When Shell took over full ownership, they decided to keep the Convent FCCU running.
What's strange with how this will all play out is that when that refinery was under the Motiva name, they spend a shitload of money running three piplelines to Norco with the intent of shutting down the Convent FCCU and sending feed to Norco.
When Shell took over full ownership, they decided to keep the Convent FCCU running.
1
Posted on 7/7/20 at 4:47 pm to notiger1997
quote:
No surprise at all. Shell has been dumping refineries all over the place for the past few years.
What's strange with how this will all play out is that when that refinery was under the Motiva name, they spend a shitload of money running three piplelines to Norco with the intent of shutting down the Convent FCCU and sending feed to Norco.
When Shell took over full ownership, they decided to keep the Convent FCCU running.
I work for an engineering and construction consultant firm and we do a lot with Shell. They can be a pain in the arse. One minute they’re all in on expansions all over and once a third of the engineering is done they “defer” / cancel the projects. That’s millions and millions of dollars blown. Not surprised they are dumping Convent. They’ve been doing this globally for almost 6 years.
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