Shell Begins Closing in its Convent Refinery in Louisiana
Royal Dutch Shell recently announced that it is indeed shutting down its 240,000 barrel per day Convent refinery in St. James Parish, Louisiana. This process has reportedly already begun and could be completed by mid-December.
Shell had been trying to sell the refinery since July, after it had become an unprofitable venture due to the coronavirus driven impact on lower demand since March. The decision was made to shutter the facility in completely in early November and began this procedure on November 29th with the facility’s 12,000 barrel per day isomerization unit shutting off. The remaining units will be shut down throughout, likely ending by December 13th.
This closure is the lately in what has become a series of permanent shutdowns around the world, which could result in a loss of 1.7 million barrels per day by the end of next year. The Gulf Energy Data Warehouse will continue to monitor these actions.
Related News
- Agreement Between Maire Tecnimont Group and Essential Energy USA Corp for a new renewable diesel biorefinery in South America
- ExxonMobil Plans to Complete its Gulf Coast Growth Ventures Project by Year’s End
- Two Total and Borealis led Petrochemical Ventures in Texas Expected for Startup in 2021 and 2022
Related News
- Técnicas Reunidas Receives an Environmental Enhancement Project Award for Chile’s Bio Bio Refinery
- Flint Hills Resources Pine Bend refinery considers solar to help meet power needs
- Cero Generation launched by Macquarie’s Green Investment Group
- Canada’s Come-by-Chance Refinery Seeing New Bids to Return as a Renewable Facility
- Enel and Qatar Investment Authority join forces to develop renewables in Sub-Saharan Africa
Comments