过去18个月，欧洲石化行业经历了前所未有的烯烃产能削减浪潮。面对持续的行业低谷及短期内的悲观 预期，欧洲石化生产商最终采取行动，关闭了7座蒸汽裂解装置，显著改变了区域供应格局。 根据标普全球商品洞察数据，这7座已永久关闭或计划在2027年底前关停的裂解装置合计拥有乙烯产能 约450万吨/年，同时还有丙烯产能230万吨/年和丁二烯产能43万吨/年。 随着计划中的关停措施逐步实施，欧洲现存乙烯装置数量预计将跌破50大关。标普全球数据显示，2026 年欧洲乙烯工厂数量将降至48座，到2029年进一步减少至46座。相比15年的60座乙烯工厂且总设计产能 超过2600万吨/年，2029年预测产能仅略高于2200万吨/年。 尽管英力士集团位于比利时安特卫普的145万吨/年"Project One"乙烷裂解装置将暂时支撑产能，但在宏 观经济环境低迷、需求前景持续疲软以及能源和原材料成本高企的背景下，欧洲其他多座裂解装置的命 运仍存变数。 据业内人士称，当前欧洲裂解装置开工率约75%，通过削减450万吨/年乙烯产能，预计到2030年开工率 将回升至85%左右，并推动烯烃市场趋于平衡。但英力士安特卫普新装置的投产将抵消部分关停 ...

Group 1 - Shell announced the cancellation of its biofuel complex project in Rotterdam due to high costs and insufficient competitiveness, marking a setback for its flagship low-carbon initiative [1] - The project, initially approved in September 2021, aimed to produce 820,000 tons annually and was scheduled to commence operations in 2025, but construction was paused in July 2024 due to unfavorable market conditions [1] - Shell's president of downstream, renewable energy, and energy solutions stated that the decision was difficult but correct, prioritizing projects with higher returns [1] Group 2 - Despite the cancellation of the Rotterdam facility, Shell emphasized its ongoing investments in energy transition, committing $8 billion to low-carbon projects from 2023 to 2024, including electricity, carbon capture and storage (CCS), hydrogen, and low-carbon fuels [1] - In 2024, Shell is expected to trade over 10 billion liters of low-carbon fuels, with sales volume being ten times its production [1] - Shell has become one of the leading suppliers of sustainable aviation fuel (SAF), accounting for nearly 20% of total sales in North America and Europe [1] Group 3 - The European capital-intensive biofuel projects are facing increasing challenges due to inflation, high construction costs, and unreliable policy support, which are slowing down investment momentum [2] - Neste announced a delay in its biofuel and biorefinery expansion project in Rotterdam, pushing the production start date to 2027 [2] - Finnish paper giant UPM has also canceled plans for a 500,000 tons per year biomass fuel and chemicals production plant in Rotterdam [2]

Key Takeaways Shell halted construction of its Rotterdam biofuels plant in 2024.Market conditions and high costs made the project uncompetitive.The move aligns with Shell's shift toward traditional fossil fuels.Shell plc (SHEL) , a British energy giant, announced that it does not intend to restart the construction and development of a biofuels plant at the Shell Energy and Chemicals Park in Rotterdam, Netherlands. The construction of this plant was approved in 2021, with operations initially expected to beg ...

Core Insights - Shell plc's subsidiary, Shell Nederland Raffinaderij B.V., has decided to cancel the construction of a biofuels facility at the Shell Energy and Chemicals Park in Rotterdam due to its commercial unviability [1][9]. Group 1: Project Cancellation - The decision to scrap the biofuels project was based on a thorough evaluation of market dynamics and project costs, concluding that it would not provide affordable, low-carbon products to customers [2]. - The Rotterdam biofuels project was initially set to produce 820,000 metric tons of biofuels annually, with construction expected to start in 2022 and operations in 2024, but faced a pause for reassessment due to challenging market conditions [3]. Group 2: Commitment to Low-Carbon Strategy - Despite the cancellation, Shell remains dedicated to low-carbon energy, investing $8 billion in power, carbon capture and storage (CCS), hydrogen, and low-carbon fuels between 2023 and 2024 [4]. - Shell has also successfully injected and stored CO2 under the Northern Lights CCS project in Norway, showcasing its ongoing commitment to low-carbon initiatives [5]. Group 3: Strategic Investments in the Netherlands - The Netherlands continues to be central to Shell's energy transition strategy, with €6.5 billion invested in projects like the Porthos CCS project and Holland Hydrogen 1, indicating Shell's intent to advance both traditional and renewable energy systems [6]. Group 4: Market Position and Alternatives - Shell is recognized as one of the primary oil supermajors, with a current Zacks Rank of 3 (Hold) [7]. - Investors may consider other energy sector stocks with better rankings, such as Repsol (Zacks Rank 1), Antero Midstream (Zacks Rank 2), and Enbridge (Zacks Rank 2) [8].

I analyze oil and gas companies like Shell and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position, and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first, and they get analysis on some companies that is not published on the free site. Interested? Sign up here for ...

格隆汇9月4日｜有媒体援引知情人士透露，壳牌集团(Shell Plc)正考虑出售其在澳大利亚西澳州西北大 陆架液化天然气出口工厂的股权，该工厂总价值达340亿澳元(约合220亿美元)。上述知情人士表示，这 家能源巨头正为其持有的该项目16.67%股权寻找潜在买家，这部分股权价值可能超过30亿美元。因未 获授权向媒体发声，这些人士要求匿名。尽管壳牌认为未来数十年全球天然气需求将快速增长，因此在 全球范围内加大对液化天然气(LNG)业务的投入，但该公司仍计划退出西北大陆架项目——原因是该工 厂拟转型为所谓的 "第三方加工收费设施"(即买家支付费用以获取天然气液化服务)。知情人士称，这种 运营模式与壳牌集团更广泛的战略布局及资产组合不匹配。 ...

Shell's return to Angola after a 20-year hiatus highlights a shift in sentiment toward the nation’s oil sector, as reforms aimed at attracting global capital start to show results https://t.co/HIUZaGhmtm ...

European DGI with a background in engineering and data analysis.Through SA I share the research upon which I base my personal investment decisions. In this regard my articles should not be interpreted as investment advice, but rather as an opinion. In the process of gathering information about a certain stock I encourage readers to consider opinions of different writers, preferably with opposing views as part of the due diligence process.Analyst’s Disclosure:I/we have a beneficial long position in the share ...

Shell has shelved its biofuels plant in the Netherlands as it continues to shed low-carbon businesses to boost profitability https://t.co/MK92fU9Cy9 ...

Key Takeaways Shell signs a $120M deal with EGAS to drill three Mediterranean wells, boosting exploration.Egypt secures $340M in agreements with global firms to strengthen oil and gas output.Declining domestic production drives Egypt to expand partnerships and secure an energy supply.Shell plc (SHEL) , along with some other companies, has entered into agreements with Egypt in order to strengthen the nation’s energy sector through international partnerships. Egypt entered into deals with various companies, v ...