Shell Australia
| Industry | Energy, petrochemicals |
|---|---|
| Headquarters | Melbourne, Victoria |
| Products | Petroleum products, lubricants, chemicals |
| Employees | 2,500 |
| Parent | Royal Dutch Shell |
| Website | www.shell.com.au |
The Shell Company of Australia Limited, the Australian subsidiary of Royal Dutch Shell Plc, conducts a large range of activities. These include exploration for, and the production and commercialization of, oil and natural gas, the operation of two refineries, 19 terminals and 33 depots for the manufacture and distribution of oil products; and the marketing of lubricants, aviation products, marine oil products, bitumen and chemicals.
Service station network
Wesfarmers has operated most of Shell's retail service station network in Australia under the Coles Express brand since 2003, when (as Coles Group), it purchased the retail business of Shell Australia's multi-site franchisees for A$94 million.[1]
Shell is the exclusive supplier of fuel products to the Coles Express network,[2] leases the service station property to Coles, and maintains the presence of Shell branding. Coles Express sets fuel and shop prices and operates the business, provides convenience and grocery merchandise through its supply chain and distribution network, and directly employs service station staff.
Projects
Shell is currently developing the a Floating Liquefied Natural Gas (FLNG) facility, which will be situated 200 km off the coast of Western Australia and is due for completion in around 2017. When it is finished, the structure, which is being built in South Korea will be the largest floating structure ever.[3] It will measure around 488 m long and 74 m wide, and when fully ballasted will weigh 600,000 tonnes.[4]
In July 2011, the Federal Government gave approval for the company to drill an exploration well 50 km to the west of the Ningaloo Marine Park. The drilling operation will occur at depths of around 1,300 metres, the deepest ever in Australian waters.[5]
Refineries
As of August 2012, Shell operates two oil refineries in Australia: one at Corio in Geelong, Victoria, and one at Clyde in Sydney, New South Wales. The Clyde refinery will cease operations in September 2012, and will be converted to a fuel terminal.[6]
Following the decision by the Royal Dutch Shell fuel corporation to close its Geelong, Australia refinery in April 2013, a third consecutive annual loss was recorded for Shell's Australian refining and fuel marketing assets. Revealed in June 2013, the writedown is worth A$203 million, and was preceded by a A$638m writedown in 2012 and a A$407m writedown in 2011 after the closure of the Clyde refinery in Sydney, Australia.[7]
See also
References
- ↑ "Fletcher upbeat about Coles Express". The Australian Financial Review. 2003-10-15. Retrieved 2009-08-30.
- ↑ "Downstream Operations". Shell Australia. Retrieved 8 July 2011.
- ↑ Rachel Hewitt (21 May 2011). "Economy, jobs boost as Shell makes a splash". Herald Sun (Herald and Weekly Times). Retrieved 8 July 2011.
- ↑ (August 2010). FLNG gets serious. Gas Today. Great Southern Press.
- ↑ Rebecca Le May (7 July 2011). "Shell to drill off Ningaloo without review". The Sydney Morning Herald (Fairfax Media). Retrieved 8 July 2011.
- ↑ "Shell brings forward refinery closure". ABC News. 19 June 2012. Retrieved 12 August 2012.
- ↑ Matt Chambers (4 June 2013). "Geelong refinery writedown hits Shell for $203m". The Australian. Retrieved 6 June 2013.
External links
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