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Oil Refinery Closures in an Era of Transition

If the US isn’t ready to move to biofuels, it could become a slippery slope. ....

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Diminished US refining capacity from facility closures contributing to soaring gas prices

Diminished US refining capacity from facility closures contributing to soaring gas prices
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US refining capacity falls to lowest mark in 8 years amid record prices: EIA | Hellenic Shipping News Worldwide

The nation’s capacity to refine crude oil into fuel and other products fell below 18 million b/d at the beginning of 2022 and hit its lowest level since 2014, according to the federal government’s annual refinery capacity report released June 21. The US Energy Information Administration projects the nation’s operable crude refining capacity dipped to . ....

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Convent Shell announces shutdown process; 698 employees laid off

Convent Shell announces shutdown process; 698 employees laid off
2 months 3 weeks 5 days ago
Monday, December 28 2020
Dec 28, 2020
December 28, 2020 4:00 PM
December 28, 2020
in
News
Source: WBRZ
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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.
According to a statement from the company, the location will begin the process of shutting down in mid-November. Shell had been looking for a buyer to take to the site since July but has been unsuccessful.
Shell said the decision to close the refinery is part of the company’s global strategy to invest in a core set of uniquely integrated manufacturing sites that are also strategically positioned for the transition to a low-carbon future. ....

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