Shell's Sydney refinery closure brought forward

Shell Australia has brought forward the date of closure of its Clyde refinery in Sydney to the end of September.

The closure follows the decision made in July 2011 to convert the 79,000 b/d facility to an import fuel terminal.

Originally Shell gave a closure date of mid-2013, but continued losses have brought the date forward.

Shell says its decision is consistent with its strategy to focus its refining portfolio on larger assets and build a profitable downstream business in Australia. The refinery has continued to struggle against sustained poor industry margins and intense competition from mega-refineries in Asia.

The Clyde closure comes as Caltex is moving towards closure of its Sydney refinery at Kurnell. A final decision there is expected in the next 3 months.

Related Articles

Phillips 66 considers splitter at Sweeny refinery

03/21/2014 Phillips 66 is evaluating the potential for the addition of a condensate splitter near its 247,000-b/d Sweeny refinery in Old Ocean, Tex., just sou...

Second small diesel refinery planned for North Dakota

03/21/2014 Quantum Energy Inc. (QEI), Tempe, Ariz., said it has secured land for the construction of a 20,000-b/d grassroots hydroskimming refinery in North D...

Flint Hills settles Port Arthur pollution case

03/20/2014 Flint Hills Resources (FHR) has reached a settlement with the US federal government to implement innovative technologies to control harmful air pol...

WoodMac: Global ethylene demand, production on the rise

03/20/2014 Ethylene-producing assets that have access to low-cost natural gas feedstocks, such as the ones in North America, will lead the competition in glob...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected