• 3 minutes UAE says four vessels subjected to 'sabotage' near Fujairah port
  • 6 minutes Why is Strait of Hormuz the World's Most Important Oil Artery
  • 8 minutes OPEC is no longer an Apex Predator
  • 12 minutes Mueller Report Brings Into Focus Obama's Attempted Coup Against Trump
  • 3 hours Australian Voters Reject 'Climate Change' Politicians
  • 10 hours Australia Election Summary: "This was the Climate Change Cult Election, and the Climate Change Cult Lost"
  • 3 hours Shale to be profitable in 2019!!!
  • 2 hours Global Warming Making The Rich Richer
  • 44 mins Greenpeace Blocks BP HQ
  • 14 hours Canada's Uncivil Oil War : 78% of Voters Cite *Energy* as the Top Issue
  • 2 hours California Threatens Ban on ICE Cars
  • 4 hours Shell ‘to have commercial wind farms’ by early 2020s
  • 18 hours IMO2020 To scrub or not to scrub
  • 2 hours Oil Price Editorial: Beware Of Saudi Oil Tanker Sabotage Stories
  • 18 hours Wonders of Shale- Gas,bringing investments and jobs to the US
  • 10 hours Misunderstanding between USA and Iran the cause of current stand off, I call BS
  • 19 mins Did Saudi Arabia pull a "Jussie Smollett" and fake an attack on themselves to justify indiscriminate bombing on Yemen city population ?
  • 10 hours DUG Rockies: Plenty Of Promise, Despite The Politics
Chinese Oil Refineries Return To Record-High Production

Chinese Oil Refineries Return To Record-High Production

Chinese refineries returned to record-high…

Why Oil Is Still Underpriced

Why Oil Is Still Underpriced

Oil prices are pulled in…

Damir Kaletovic

Damir Kaletovic

Damir Kaletovic is an award-winning investigative journalist, documentary filmmaker and expert on Southeastern Europe whose work appears on behalf of Oilprice.com and several other news…

More Info

Europe’s Largest Refinery To Shutter For Two Months

Shell

Royal Dutch Shell announced today plans of major maintenance involving 12 units at the Pernis oil refinery in Rotterdam, Netherlands, to be conducted during this month and November, according to its website.

The refinery has been partially shut down earlier this year for almost two weeks after a short circuit caused a major fire on July 31st.

Pernis refines 400,000 barrels per day of oil, making it Europe’s largest refinery, and ranks as one of the world’s top refineries. The financial impact of the temporary closure is sure to be sizable, though Shell has not yet released any figures. A similar incident occurred at the refinery in 2012 when flaring forced it to reduce production.

The shut down was the latest in a string of refinery problems that have boosted refining margins in Europe to their highest since November 2015. Earlier this year, a fire at Total’s Leuna oil refinery near Leipzig in eastern Germany disrupted diesel and gasoline supplies to gas stations in the region, and some retail stations were running out of fuel.  

In Greece, Hellenic Petroleum declared force majeure on its 100,000-bpd Elefsina refinery in July, suspending diesel exports.

Related: The Next Big Offshore Boom Is About To Happen Here

In other news, EU lawmakers are meeting behind closed doors on 12 October for another go at hammering out a compromise on post-2020 reforms to the EU emissions trading system (ETS.)

Petroleum refiners and other energy-intensive industries have warned about the EU’s plans to hike the cost of emitting carbon dioxide. Petroleum refiners are fighting to reduce their exposure to the expected rise in the cost of polluting. Refiners have so far received the bulk of their allowances for free. According to the reforms, energy-intensive industries will continue to receive free carbon emissions allowancesm, although those will be fewer.

By Damir Kaletovic for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News