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Asian Viewpoints

Shell Singapore to halve throughput at Bukom refinery

Shell Singapore, a subsidiary company of Royal Dutch Shell, recently announced that it would halve the throughput at its 500,000b/d Bukom refinery in the future. This is a part of Royal Dutch Shell's target to become a zero emission energy company by 2050. Along with the COVID-19 pandemic, petroleum demand is decreasing and fuels are shifting to renewable energy rapidly and this is also affecting the company's plan.

 

Bukom refinery is one of the largest refineries owned by Shell group. Shell Singapore will reduce workers at its refinery along with the plan to decrease the capacity of the refinery. By the end of 2023, it is planning to reduce the number of workers from the current 1,300 to 800. Royal Dutch Shell previously announced a plan to reduce its staff by 9,000 globally, more than 10% of its entire staff, by the end of 2022.

Singapore : Energy Desk  Satoshi Hagimoto   +81-3-3552-2411Copyright © RIM Intelligence Co. ALL RIGHTS RESERVED.