European Oil Refinery Closures Get Serious
Refinery shut-downs in western Europe now involve the majors: Total said last month that it’s going to permanently close its Dunkirk, France, refinery in response to the “structural decline in petroleum products demand”. There are forecasts that, with few prospective buyers emerging, other major companies will even be forced to shut facilities already carrying for-sale signs. Total’s focus for disposals will now be on its European refineries outside France, because the company gave French labour unions – which had heating oil price in ny called a strike in February – an undertaking not to close or sell every other refinery within the country for five years. The firm heating oil price in ny is claimed to be considering the sale of its 220,000 barrels
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