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"Royal Dutch Shell (RDSa.L) has halved its crude processing capacity at its Singapore hub and reduced fuel exports, executives said on Tuesday, as the major transits from fossil fuels to cut emissions and meet global low-carbon energy needs.
The refinery on Pulau Bukom will continue to produce naphtha for its ethylene unit, Shirley Yap, senior vice president of chemicals and products at Shell Singapore, told reporters."
https://www.reuters.com/markets/europe/s...-pyrolysis
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They are shifting out to malaysia
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(02-02-2022, 06:29 AM)Sharexchange Wrote: They are shifting out to malaysia
So some Shell staff will be retrenched......?
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You mean Malaysia not yet sign the green emissions law ? Shift there produce the same type products....
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(02-02-2022, 06:40 AM)debono Wrote: So some Shell staff will be retrenched......?
Our PM Lee will certainly able to create new jobs for these highly skilful I professionals in the energy industry.
No worries
(This post was last modified: 02-02-2022, 07:11 AM by
Scythian.)
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Production cut in the crude refinery is to cater to major transits from fossil fuels to cut emissions and meet global low-carbon energy needs. As more EVs, PHEVs and Hydrogen Cell vehicals(HVs) will dominate the markets in the future, they will have to cut crude refinery capacity.
Pulau Bukom will continue to produce naphtha and also started testing new chemical feedstocks - pyrolysis oil and bionaphtha - at the cracker, to supply olefins with lower carbon footprint to customers like Japanese chemical maker Asahi Kasei Corp.
Globally, Shell has pledged to halve emissions from its operations by 2030, as well as reduce its net carbon footprint by 45% by 2035.
https://www.reuters.com/markets/europe/s...021-11-23/
(This post was last modified: 02-02-2022, 07:18 AM by
revealer.)
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(02-02-2022, 06:40 AM)debono Wrote: So some Shell staff will be retrenched......?
Singapore can build a nuclear plant
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Old news ; those staff can get very thick packages that can make them don't need work rest of life...
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(02-02-2022, 06:29 AM)Sharexchange Wrote: They are shifting out to malaysia
ExxonMobil Singapore cuts will be more drastic
Their US HQ us under tremendous pressure and changes
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Presently, there is a trend for crude refineries to shift to chemical base production. Instead of selling fuel oil @ $550 per ton, they will be selling petrochemicals and gets around $1,400 per ton; more than 4 times as much value-added from crude.
https://www.futurebridge.com/blog/crude-...-refinery/
(This post was last modified: 02-02-2022, 07:33 AM by
revealer.)
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(02-02-2022, 07:20 AM)Scythian Wrote: ExxonMobil Singapore cuts will be more drastic
Their US HQ us under tremendous pressure and changes
What about SPC?
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(02-02-2022, 07:15 AM)Scythian Wrote: Singapore can build a nuclear plant
I don't think our leaders want to build a nuclear plant in Singapore. They are afraid of a nuclear accident, and being such a small country, we all cannot escape from radiation caused by the nuclear plant........
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Just reduce our population and use solar.
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(02-02-2022, 08:37 AM)dynamite Wrote: Just reduce our population and use solar.
Solar energy cannot supply enough electricity to power our factories and air-conditioned offices, cos they consumer large amounts of electricity. The next option we have is have a coal-fired, oil-fired, gas-fired, or hydro-electric generating stations...but coal-fired caused much pollution, and we don't have mountains to construct a hydro-electric power station. Therefore, we are left with only two options. One to continue to use oil-fired and gas-fired power stations. Nuclear energy is out, cause as a small country we cannot afford to have a nuclear accident....we have no hinterland to escape to.....
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(02-02-2022, 08:37 AM)dynamite Wrote: Just reduce our population and use solar.
Lesser people use lesser electricity
Logical
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(02-02-2022, 08:35 AM)debono Wrote: I don't think our leaders want to build a nuclear plant in Singapore. They are afraid of a nuclear accident, and being such a small country, we all cannot escape from radiation caused by the nuclear plant........
Import cow dung from India
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(02-02-2022, 12:05 PM)Scythian Wrote: Lesser people use lesser electricity
Logical
Throughout history when people are fighting, it is because necessity items are not adequate. When necessities are met, who bother to fight? Everything natural and mother Earth need not be abused left and right.
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(02-02-2022, 08:55 AM)debono Wrote: Solar energy cannot supply enough electricity to power our factories and air-conditioned offices, cos they consumer large amounts of electricity. The next option we have is have a coal-fired, oil-fired, gas-fired, or hydro-electric generating stations...but coal-fired caused much pollution, and we don't have mountains to construct a hydro-electric power station. Therefore, we are left with only two options. One to continue to use oil-fired and gas-fired power stations. Nuclear energy is out, cause as a small country we cannot afford to have a nuclear accident....we have no hinterland to escape to.....
Just use fan and banned aircon.
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How Singapore be committed to zero emission?
Impossible task
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Shell closes it's oil refinery in Singapore will be good for everyone.
Singaporeans can breathe fresh air and stay healthy.
The numbers of cancer patients be lowered.
(This post was last modified: 03-02-2022, 08:24 AM by
Scythian.)
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(02-02-2022, 08:17 AM)dynamite Wrote: What about SPC?
Don't ask me
Ask those experts, please
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Being located near the Equator, Singapore govt should try to make Singapore as World No. 1 in solar energy and wind turbines
Become a leader for other to follow
(This post was last modified: 03-02-2022, 11:08 PM by
Scythian.)
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will have job losses and revenue losses.. so they create a permanent SDA for these workers is it?
(This post was last modified: 03-02-2022, 11:48 PM by
happyharvest.)
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(02-02-2022, 06:40 AM)debono Wrote: So some Shell staff will be retrenched......?
I just saw oversea news Shell profit a lot
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(03-02-2022, 11:52 PM)[[ForeverAlone]] Wrote: I just saw oversea news Shell profit a lot
"Shell’s profit jumps, riding higher prices for oil and natural gas.
Europe’s largest energy company said it would use some of the earnings to buy back more shares and increase its dividend."
https://www.nytime
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(04-02-2022, 04:25 AM)Scythian Wrote: "Shell’s profit jumps, riding higher prices for oil and natural gas.
Europe’s largest energy company said it would use some of the earnings to buy back more shares and increase its dividend."
https://www.nytime
So it is good news for share holders too!...buy when fear lah
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(04-02-2022, 05:33 AM)ysh02 Wrote: So it is good news for share holders too!...buy when fear lah
Sounds like billionaire OK Lim digging his grave
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(03-02-2022, 11:48 PM)pervertosan Wrote: boycot shell lah…
Indispensable
Singapore cannot survive W/O Shell
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