Fuel for Thought: Singapore looks to next energy transition, this time away from oil
Eric Yep: 29 December 2020
SHELL RELATED EXTRACTS
Shell, which started out as M. Samuel & Co. and built the first fuel depot in Singapore in the 1890s, said in November it was shutting half of its refining capacity on Singapore’s Pulau Bukom island, a move signaling the start of one era and the beginning of another for the energy hub.
Shell said Pulau Bukom will become one of its roughly six energy and chemicals parks and part of a “pivot from a crude-oil, fuels-based product slate towards new low-carbon value chains.”