Clyde. Shell closes early

Heavy refining losses have prompted Shell to bring forward the planned closure of the Clyde refinery in Sydney to late September this year. Shell has 275 employees which is to be converted to a fuel terminal, employing 30 to 50 workers. Shell says the facility provides about 50 per cent of New South Wales's petrol supply and is the longest operating oil refinery in Australia. Caltex is reviewing the future of the Kurnell refinery. A decision is due as soon as next month.