Jun 18th, 2016
by John Donovan.



By Sam Richards , [email protected]
MARTINEZ — Two published reports Friday say the Shell Martinez Refinery is up for sale, prompted by what are expected to be crude oil prices rising faster than gas prices at the pump.
The reports, one of them from the international news agency Reuters, say the Netherlands-based global energy company Royal Dutch Shell is looking to shed some of its smaller, less profitable refineries ahead of the anticipated price hike for crude.
The Reuters story said Shell and at least three other major oil companies, including San Ramon-based Chevron, have seen dropping profit margins from their refining operations since a peak in 2015 and want to shed some lower-profit operations before crude oil prices rise much further from recent low levels. read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.
Jun 18th, 2016
by John Donovan.



No. 10: Pipeline spinoff gets off to a robust start
Robert Grattan, Houston Chronicle: June 18, 2016
Royal Dutch Shell owns one of the United States’ essential pipeline networks, transporting oil and gas from the seafloor of the Gulf of Mexico to its refineries and beyond.
But for decades, that network was a secondary interest for investors, most of whom focused on Shell’s global drilling and refining operations. So in late 2014, Shell set out to push those pipelines out of the background by spinning off Shell Midstream Partners as a public company, in which Shell holds a controlling interest. read more
shellplc.website and its sister non-profit websites
royaldutchshellplc.com, royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and
shell2004.com
are owned by
John Donovan. There is also a
Wikipedia feature.