An uncertain future awaits the oil and gas industry as the U.S. presidential election hangs in the balance. Industry leaders are nervous if Joe Biden wins because he might stop drilling in the Arctic National Wildlife Refuge, perhaps shut down the Dakota Access Pipeline and maybe even ban new fracking on land controlled by …
November 6, 2020 archive
Shell to shut down oil refinery in Louisiana
After failing so far to find a buyer, Royal Dutch Shell Plc said it will shut down its Convent refinery in south Louisiana. The 53-year old refinery has about 675 employees and the closing is part of the company’s plan to cut its portfolio to six refineries from 14 by 2025. It has production …
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