with ground nut oil refinery plant and its cost in germany

   
with ground nut oil refinery plant and its cost in germany
                                               
                                               
                                               
                                               
  • with ground nut oil refinery plant and its cost in germany
Why did shell shut down its oil refinery in Germany?

In January, Shell (SHEL.L) announced it will shut down its oil refinery in Wesseling, Germany by 2025 and convert the site to produce lubricant feedstock as part of its drive to reduce its carbon emissions. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

Did shell convert Wesseling crude oil refinery to base oil?

log in register Shell has decided to convert part of its Wesseling crude oil refinery in Germany from producing transport fuels to producing base oils.

Why is shell repurposing its European refinery?

Huibert Vigeveno, Shell¡¯s Downstream and Renewables Director, said: ¡°The repurposing of this European refinery is a significant step towards serving our growing lubricant customer base with premium base oils. This investment is part of Shell¡¯s drive to create more value with less emissions.¡±

Are German refineries facing a drop in oil demand?

Refineries such as Gelsenkirchen and Wesseling have had to contend with a drop in domestic demand for oil products in recent years. German diesel demand was 5-10pc lower in November and December 2023 than in the same months of 2019, according to Eurostat data. This amounts to a fall of roughly 40,000-50,000 b/d.