Factbox: Shell to halve its refinery portfolio



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A Shell logo is seen at a gas station in Buenos Aires, Argentina on March 12, 2018. REUTERS / Marcos Brindicci

July 8 (Reuters) – Royal Dutch Shell (RDSa.L) plans to cut its refining and chemicals portfolio by more than half, it announced in July 2020 without giving a specific timeline.

The move is part of the Anglo-Dutch company’s plan to reduce its oil and gas activities and expand its renewable energy and electricity division to sharply reduce greenhouse gas emissions by 2050.

Here is a list of its refineries at the end of 2019.

* Crude distillation unit

Reporting by Ron Bousso Editing by David Evans and David Goodman

Our Standards: The Thomson Reuters Trust Principles.

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