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Mba In Ioil And Gas Essay

300 words - 2 pages

Q(1)…
Summarise the information provided in this report for your region.
A(1)…
The Report comments about Refinery closures/capacity reductions within Europe.

* In July, ConocoPhillips cancelled plans to upgrade its 260,000-b/d refinery at Wilhelmshaven, Germany.
* Switzerland in October, Petroplus Holdings AG, Zug, began to shut down of its 60,000-b/d Cressier refinery in Neuchatel. The company attributed the action to the labour strike at the port of ...view middle of the document...

* In Europe in August, Royal Dutch Shell PLC agreed to sell its 90,000-b/d Heide refinery in Germany to family investment firm Klesch & Co. October, Shell announced plans to sell a majority of its refining and marketing businesses in Finland and Sweden to Finnish company Keele Oy.

Q(2)…
Do you agree with its conclusions for your region? If not, state why not.
A(2)…

The Report does not include the TOTAL Laggan Tormore Gas Plant construction on Shetland Isles, South Hook LNG Refinery Upgrades or LNG Regasification Projects in Poland.
Q(3)…
Also complement your regional summary with information about capacities and development of the main refineries operating in your country.
A(3)…
In the UK, there are 9 Main Refineries.
All have ongoing Brownfield Projects, due to infrastructure upgrades.
UK capacity remains almost unaltered since 2001 to date.
Reference - (http://www.bp.com/sectionbodycopy.do?categoryId=9037132&contentId=7069049#/Oil/Refining/Refining-Capacity-KBD/?regionID=Europe&countryID=none&locationID=none)
Both following links, are evidence of North Sea investment.
www.finance.yahoo.com & http://www.contractorsunlimited.co.uk/oil-and-gas-news.shtml,

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