It also produces low-sulfur VGO/heavy olefin feed and benzene. HOUSTON, July 7 (Reuters) - Royal Dutch Shell Plc RDSa.L is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, t he … Mobile is near the U.S. Gulf Coast, at the north end of Mobile Bay. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc. “Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance,” added Mooldijk. The Delaware City refinery is located on a 5,… Browse through Oil Refineries For Sale Worldwide at DealStream. A range of other fuel products such as liquid petroleum gases, gasoline and kerosene are also made at Mobile. “We are refocusing our global presence in line with that of our customers, trading operations, and chemicals plants. 'audience' : 'News', The refineries will become integrated with chemicals and increasingly with low-carbon fuels such as biofuels, hydrogen and synthetic fuels, said Ben van Beurden, CEO. 'published_date' : '2020-03-09', New RCC in 2004, substantial improvement of environmental impacts in 2010 to 2013, last turnaround in 2013. ssdl.editorialMetaData = { 'Country' : 'US', As part of its downstream sell-off program, Shell most recently completed the sale of its former 157,000-b/d dual-coking refinery and integrated logistics assets at … B y Erwin Seba. Over time Shell came into full ownership after Texaco merged with Chevron and Saudi Aramco dropped out of the refinery in 2017. This is Shell's third effort to divest a plant in the past year. The refinery can process about 90,000 barrels per day of oil producing LPG, diesel fuel, jet fuel and gasoline. [view details] Shell is a global group of energy and petrochemical companies. If all three sales are completed, including Anacortes, Shell would operate only three North American refineries: the 340,000-bpd Deer Park, Texas, refinery, a joint venture with Petroleos Mexicanos, and two refineries on the Louisiana coast that together can process almost 500,000 bpd of crude oil. }. Shell Oil has agreed to sell its Martinez refinery to PBF Energy, a large independent refining company, for up to $1 billion, the two companies announced Tuesday. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc. for up to $1 billion. In June 2019, Shell announced the sale of its Martinez, CA, refinery to PBF Energy, and in March of this year, Shell put its Mobile, AL, and Puget Sound, WA, refineries on the block. The Shell oil refinery in Convent is up for sale but could face closure if the company doesn't find a buyer as it consolidates its refinery portfolio from 14 sites to only six by 2025. Royal Dutch Shell Plc and BP Plc, Europe’s largest oil companies, plan to close and sell refineries in the U.S. and Germany on declining demand for fuels such as gasoline in developed nations. 'Region' : 'United_States', 'content_type' : 'Company Intelligence', The refinery also provides key base materials for chemicals and propane producers in the Sarnia area, including for the Shell Chemical plant adjacent to the refinery. The move is in line with the company’s plans to reshape its global refining portfolio. Mobile processes foreign and domestic crudes for the production of Heavy Olefin Feed, which is subsequently shipped to and converted at other Shell sites to ethylene, propylene, butadiene, etc. HOUSTON (Reuters) - Royal Dutch Shell Plc is weighing the sale of its 211,146 barrel-per-day (bpd) Convent, Louisiana, refinery, the company said on Tuesday. Shell also announced in March that it started marketing the sale of the Mobile refinery in Alabama and the Puget Sound refinery near Anacortes in Washington as part of … Shell agrees to sale of Martinez Refinery News provided by. Oil and gas major Shell has publicly committed to selling more than $5 billion of assets per year in 2019 and 2020. This is Shell's third effort to divest a plant in the past year. Mobile is near the U.S. Gulf Coast, at the north end of Mobile Bay. Share this article. All comments are subject to editorial review. The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. 'longevity' : 'News', Since 1998 it has been jointly owned by Shell, Texaco, and Saudi Aramco. Shell's Louisiana subsidiary, Equilon Enterprises LLC, has $1.18 billion in total taxable value in St. James Parish and paid $18.8 million for the refinery in 2019, tax records show. Shell has also divested refineries in other regions, selling its 50% stake in the SASREF refinery in Saudi Arabia last year. Shell CFO Jessica Uhl said in an … The company completed a sale of its Martinez refinery … At the start of February, Shell finalised the sale of its Martinez refinery in southern California to PBF Energy for $1.2billion. Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. Shell supplies a wide range of high quality bitumen products, from standard-grade bitumen to special polymer-modified bitumen (PMB), which are marketed under the brand name Shell Cariphalte. Republican Senators Request Biden Meeting, Nigeria Judge Issues Arrest Warrant for Local Exxon Exec. 'sector' : 'refining', Mobile processes foreign and domestic crudes for the production of Heavy Olefin Feed, which is subsequently shipped to and converted at other Shell sites to ethylene, propylene, butadiene, etc. 'industry_sector' : 'Downstream', This will result in a more valuable, integrated downstream business,” Robin Mooldijk, EVP Manufacturing, said in a statement. The Anacortes, Mobile and Martinez refineries have all been providers of fuel for the US bunker market. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc PBF.N for up to $1 billion. Off-topic, inappropriate or insulting comments will be removed. Over 20,000 businesses, properties, franchises, and investments for sale in 50 countries. AMERICAS: Shell finalises sale of Martinez refinery to PBF See here for a complete list of exchanges and delays. NEW YORK (Reuters) - Royal Dutch Shell Plc. 'company_sentiment' : 'Neutral', Shell is the world’s largest international bitumen marketer, and delivers enough bitumen to pave a one-lane kilometer road every four minutes. If completed, this and other asset sales currently underway would reduce Shell’s North American refining operations to large plants on the U.S. Gulf Coast, said the people, speaking on condition of anonymity as the talks are private. The company retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. The Puget Sound refinery sits on March Point, near Anacortes in Washington. The deal, with independent refiner PBF Energy Inc, will see the supermajor get up to $1 billion. To contact the author, email bertie.taylor@rigzone.com. Shell already sold one other U.S. refinery last year, in Martinez, California. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. 'tag' : 'Property_Acquisitions_Divestitures', India Deal-making Could Shake Up Asian LNG Markets, Oil Business Activity Index Sinks to Historic Low, Fugro Achieves Mid-East Geophysical Milestone, Natural Gas Output Poised for 2020 Declines, Texas Governor Addresses Skyrocketing Energy Bills, Petrobras Market Value Plummets After Bolsonaro Fires CEO, Petrofac Sells UK In-Person Training Business, IMO Urges Action to Deter Gulf of Guinea Piracy, Green New Deal Backer Faces Bumpy Interior Confirmation, US Crude to Help Set Global Oil Benchmark from 2022, Trafigura Offers Bullish Oil Market Outlook, Oil Up with Tightening Market Boosting Outlook, US Sees Largest Production Disruption Ever, Texas Clamps Down on Out of State Gas Sales, Weeks to Restart Damaged Texas Refineries, Qatar Aims to be LNG King for At Least 2 Decades, Shell Sells Non-Core Canada Shale Assets for $707MM, Aker Wins Contract for Equinor-BP US Wind Project, 7 Oil Firms Dubbed Best Place to Work in LGBTQ List, DJ Says Exxon and Chevron Discussed Merger, Qatar Petroleum Greenlights $29B LNG Project, Total Bolsters Renewable Portfolio with Texas Buys. All quotes delayed a minimum of 15 minutes. Shell Jun 11, 2019, 16:15 ET. According to the company, the U.S. Gulf Coast will remain a key manufacturing hub for Shell, along with Rotterdam and Singapore. Used Refinery : Top class refinery well modernized, accepts a wide mix of crudes, extremely high conversion grade, product slate to EURO 5 standards. It also produces nonene and tetramer--chemicals used in plastic products. Reporting By Jessica Resnick-Ault and Laura Sanicola in New York; editing by Jonathan Oatis. CONVENT - Shell announced on Nov. 5 their plans to begin shuttering its Convent refinery in the coming weeks after it failed to find a buyer for the facility. If the marketing process does not result in a finalized sales transaction, Shell plans to continue operating the refineries, the company noted. Feedstocks primarily arrive from Alaska’s North Slope and central and western Canada, and the refinery produces multiple types of gasoline in addition to fuel oil, diesel fuel, propane, jet fuel, butane and petroleum coke. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc PBF.N for up to $1 billion. NEW YORK (Reuters) - Royal Dutch Shell Plc RDSa.L is looking to sell its oil refinery in Anacortes, Washington, according to three people familiar with the matter. Page 1 of 9 Refinery Equipment of Texas, LLC Crude Oil Refining A REOT Portable Diesel Fuel Plant can be operated in the oil field to produce fuel for diesel engines. The Netherlands-based company is trying to use its global scale to build a power business as the world moves toward cleaner energy. Earlier this year, Shell put refineries in Mobile, Alabama, and the Puget Sound area of Washington state up for sale. Shell is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. 'content_origin' : 'Original Content',

Mini Cooper Warning Light Exclamation Mark In Triangle, Citrus Boost Strain, Delta Zeta Song Lyrics, Debra Waller Jockey Ceo, El Heraldo México Newspaper, Conor Allyn Instagram, Game Developer Vs Software Developer Salary, Telescope Eyepiece Container, Look What You Ve Done Slade, Pathfinder Kingmaker Change Barony Alignment,