Tag: refinery

  • shell’s last resort

    http://www.themalaysianinsider.com/business/article/shell-force-majeures-singapore-distillates-sales/ In the recent fire as cited here, shell have no alternative but to force majeures the 11 contracts it has from the ill-fated refinery. The effect of these is that some contract is now not fulfil-able at selling windows making the contract price void and buyer would have to realign it’s contract windows and […]