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July 1st, 2021:

Shell plans to hang on to Norco refinery – Reuters

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Shell plans to hang on to Norco refinery – Reuters

Jun. 30, 2021 3:41 PM ET Royal Dutch Shell plc (RDS.A)RDS.BBy: Carl SurranSA News Editor 

  • Royal Dutch Shell (RDS.A +0.7%), which will soon have just one operating crude oil refinery in the U.S., likely will keep its Norco refinery in Louisiana because of its role in supplying the company’s chemical plants, Reuters reports.
  • In addition to producing gasoline, diesel and jet fuel, the Norco refinery produces ethylene and propylene that go to the adjoining Shell Norco chemical plant and to Shell’s Geismar plant, also in Louisiana.
  • The company has three recent refinery sales that are set to close in Q4: the Anacortes refinery in Washington, its controlling interest in the joint venture Deer Park refinery in Texas, and the Mobile chemical refinery in Alabama.
  • Shell reportedly is considering selling its holdings in the Permian Basin which may be worth as much as $10B.
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    Shell Energy Crap Broadband Reviews

    Extracts from Shell Energy customer reviews posted during the past few days on Trustpilot: “Totally Horrendous We are still experiencing problems with our broadband from Shell Energy. It is totally unreliable.”: “I have 9 and a half months to live with this horrendous broadband service until I can get out of the contract. Switching to Shell Energy Broadband is the worst broadband decision I have ever made. If you want to avoid the stress me and my family have experienced in just 10wks, please don’t contract with Shell Energy for your Broadband service…” read more

    This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

    Exclusive: Shell plans to exit California joint venture with Exxon Mobil – sources

    REUTERS

    Exclusive: Shell plans to exit California joint venture with Exxon Mobil – sources

    By : JULY 1, 2021 

    (Reuters) – Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four people familiar with the talks told Reuters.

    Shell has divested numerous carbon intensive assets this year, selling its refinery in Washington state to Holly Frontier Corp and its stake in a Houston-area refining joint venture to Petroleos Mexicanos as it shifts new investments to renewables and power. read more

    This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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