Shell/Texaco pursues European R&M merger

David Knott Senior Editor Shell Europe Oil Products Inc.'s Stanlow refinery in the U.K. has 260,000 b/d crude distillation capacity and supplies the industrial north and midlands of England. Despite Shell's earlier decision to close its Shell Haven refinery on England's south coast to balance supply and demand, the inclusion of Texaco's Pembroke refinery puts the Shell/Texaco combine in surplus for products in the U.K. Photo courtesy of Shell. [111,960 bytes] A Texaco Inc. service station is shown in the U.K. While Shell and Texaco have both recently revamped their retail networks, continuation of both brands after the merger is expected to mea...

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