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Posts on ‘August 25th, 2017’

Shell confirms fires at Wesseling refinery, downstream unit affected

24 August 2017 12:21 Source:ICIS News

LONDON (ICIS)–Two fires at Shell’s Rhineland refinery in Wesseling, Germany, in the early hours of Wednesday morning were quickly extinguished by the site’s fire brigade, according to a statement from Shell.

The first fire, which broke out at a crude oil distillation plant, according to local news reports, was caused by a scaffolding plane catching fire. Sections of the unit are currently undergoing planned inspections, according to Shell, and it was shut down as a precaution in the wake of the fire. read more

Shell finds $1bn buyer for Argentine gas stations, report says

Shell has found a buyer for a chain of Argentine gas stations worth more than $1billion, a news report said.

Shell put the 630 Argentine gas stations up for sale as part of a £23.5billion divestment plan intended to balance the books in the wake of its takeover of BG Group.

Brazil’s Raizen Energia, a subsidiary of Shell, has outbid rivals including Argentina’s YPF, Chile’s Quinenco and China’s CNPC, Reuters reported, citing unidentified sources.

Shell and Cosan each own 50% of Raizen, which controls Brazil’s second largest chain of gas stations.

Shell said it would not comment on potential deals. Raízen also declined to comment. read more

Shell Joins Solar Push in Coal Country of World’s Top Exporter

Royal Dutch Shell Plc is investigating a solar power project in an Australian region better known for its fossil fuels, particularly coal.

The company is studying the feasibility of a solar development on its land in the Western Downs area of Queensland, which is subject to a final investment decision, a spokeswoman said by email. Though Shell’s statement didn’t elaborate on timing or size, the regional council this week said it had approved construction of the 250-megawatt Delga Solar Farm project proposed by Shell at Woleebee, near Wandoan. read more

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