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Posts on ‘November 3rd, 2017’

Shell shelves plan to close Convent gasoline unit in 2018

HOUSTON, Nov 2 (Reuters) – Royal Dutch Shell Plc has shelved a plan to permanently close the gasoline-producing unit at its 227,586-barrel-per-day Convent, Louisiana, oil refinery in early 2018, the company said on Thursday.

Shell has decided to overhaul the 92,000-bpd gasoline-producing fluidic catalytic cracking unit (FCCU) next year, extending its production for at least four to five years, a company spokesman said.

“Shell re-evaluated the cat cracker end-to-end economics and determined that the business case was strong to run the FCCU for another cycle,” Shell spokesman Ray Fisher said. read more

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