Shell to reduce refinery portfolio by more than half

(Reuters) – Royal Dutch Shell (RDSa.L) plans to reduce its refining and chemicals portfolio by more than half, it said in July 2020 without giving a precise timeframe.

The move is part of the Anglo-Dutch company’s plan to shrink its oil and gas business and expand its renewables and power division to reduce greenhouse gas emissions sharply by 2050.

Here is a list of its refineries at the end of 2019.

	Name	Location	CDU* Capacity	Shell stake	Stays with Shell?
Europe	Fredericia	Denmark	68	100	Sold
	Miro	Germany	287	32
	Rhineland	Germany	325	100	Yes
	Schwedt	Germany	214	38	Stake sold [USN:L5N2OK4GA]
	Pernis	Netherlands	405	100	Yes
Asia	Tabangao	Philippines	95	55	To shut down [USN:L4N2FG18P]
	Pulau Bukom	Singapore	463	100	Capacity halved [USN:L1N2HW0LV]
Africa	Durban	South Africa	165	36
Canada	Scotford	Canada	92	100	Yes
	Sarnia	Canada	78	100
USA	Martinez	California	144	100	Sold Feb 2020
	Convent	Louisiana	239	100	Closing [USN:L1N2HR2AW]
	Norco	Louisiana	229	100	Yes [USN:L2N2OC25X]
	Deer Park	Texas	312	50	Sold [USN:L2N2ND16O]
	Puget Sound	Washington	137	100	For sale [USN:L1N29E0U2]
Mobile	Alabama	90	100	Sold [USN:L2N2ND33Z]

* Crude distillation unit