Imports were impractical at inland Bakersfield, Shell explained. Lynn Laverty Elsenhans, the head of Shell Oil Products US, said the refinery here just wasn't viable anymore. "For this reason, we have ...
Shell portrayed its Bakersfield refinery as old and unfit. One executive said there was “simply no longer an adequate supply of crude oil” nearby. Drillers across the country complain of maturing ...
With demand growing, though, the United States has imported an expanding share of its oil from abroad ? and quotas kept by Mideast nations do lift its price. It?s also true there?s a new big buyer of ...
Shell plc (LON: SHEL) provided an update on its expected second-quarter 2025 performance, warning of significantly lower contributions from its Trading & Optimization activities compared to the first ...