Shell to exit from Malaysia Port Dickson refinery
A business review concluded margins would remain small due to the global oversupply of oil
Shell is planning the sale or closure of its Port Dickson, Malaysia, refinery, on which it has spent large sums in modernisation projects in recent years. The firm said it is considering options including selling the facility or converting it into a storage terminal, after a business review found that refining margins are likely to remain depressed as a result of overcapacity worldwide. Although the refinery, on Malaysia’s west coast, has been upgraded into a relatively high-quality asset, it will face increasing competition from government-led plans to develop southern Malaysia as a refining and petrochemicals centre. Port Dickson, of 125,000 barrels a day (b/d) capacity, is now a high-conv
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
