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Joined: Aug 2004
Posts: 22,315
Wiki Master
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OP
Wiki Master
Joined: Aug 2004
Posts: 22,315 |
Royal Dutch Shell has agreed to sell Stanlow refinery, the UK's second-biggest oil refinery, to India's Essar Energy in a deal worth $1.3bn (£814m).
The Stanlow plant near Ellesmere Port employs 960 people and accounts for about 15% of total production from the UK's oil refineries.
Essar said it had no plans to make any redundancies at the plant, which refines 270,000 barrels of oil a day.
The deal is expected to be completed in the second half of this year. So much for Danny888 claiming quite a few times, hand on heart, and citing his source as a family member high up the heir-achy within Shell, that Stanlow makes a miserly £250,000 per year... working out at a rate of 400,000 USD, it would take them 35 years to even turn a profit looooooooooooool. BBC News Report
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_jase_
Unregistered
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_jase_
Unregistered
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So much for Danny888 claiming quite a few times, hand on heart, and citing his source as a family member high up the heir-achy within Shell, that Stanlow makes a miserly £250,000 per year... working out at a rate of 400,000 USD, it would take them 35 years to even turn a profit looooooooooooool. Just been reading about this. You beat me to posting it..
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Alex85
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Alex85
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I believe Stanlow produces almost 20% of all UK petrol.
£250,000 a year profit from 20% of the entire UK supply of petrol means that there really isn't all that much money in petrol. I think Danny had his facts wrong.
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Joined: Dec 2010
Posts: 3,354
Forum Guardian
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Forum Guardian
Joined: Dec 2010
Posts: 3,354 |
I believe Stanlow produces almost 20% of all UK petrol.
£250,000 a year profit from 20% of the entire UK supply of petrol means that there really isn't all that much money in petrol. I think Danny had his facts wrong. Reckon so, interesting that the likes of BPpetrol stations don't even have a mark up on fuel not sure about shell
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Joined: May 2008
Posts: 444
Smartchild
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Smartchild
Joined: May 2008
Posts: 444 |
To be fair, he did say that was the profit on petrol... However, for more reliable numbers, the Daily Post states, for H1 2010, Stanlow made EBITDA profits of £39m. Whether that is normal, lower or higher isn't stated.
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Posts: 2,354
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Gaza
by diggingdeeper - 29th Oct 2023 9:28am
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Xbox
by TudorBlue - 3rd Mar 2024 8:48pm
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