Shell slashed its refinery output at its Shell Energy and Chemicals Park Rheinland fuel-making facility as low Rhine River levels halted the flow of goods, Shell said on Thursday. “Due to the low Rhine water level we have reduced the capacity of Shell Energy and Chemicals Park Rhineland. The situation regarding supply is challenging but carefully managed,” Shell said in an emailed statement to Reuters. In November, Shell announced its plan to shift the refinery in Wesseling in Germany away from crude oil in favor of low or zero-carbon products starting in 2025, in line with its goal to have net zero emissions by 2050. Shell did not reveal how much of the refinery’s capacity had been cut. It is capable of processing 345,000 barrels of crude oil per day. The catastrophe from low water levels in Europe’s Rhine River has been brewing for more than a week as […]