Earlier this year, Shell put refineries in Mobile, Alabama, and the Puget Sound area of Washington state up for sale. 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. Shell is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. It is simple-to-operate, easy-to-start, and easy-to-shut down.Fill your diesel storage tanks and shut the plant down until it’s needed 'author' : 'Bertie Melinda Taylor', The refineries are Mobile located in Alabama, and Puget Sound near Anacortes, Washington, US. 'industry_sector' : 'Downstream', Shell is the world’s largest international bitumen marketer, and delivers enough bitumen to pave a one-lane kilometer road every four minutes. 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. 280,000 bpd Oil Refinery Hydroskimming Type The refinery was shutdown due to a divestment program and conversion of the site into a terminal and logistic hub for Petroleum product trading. Over 20,000 businesses, properties, franchises, and investments for sale in 50 countries. 'Region' : 'United_States', The Anacortes, Mobile and Martinez refineries have all been providers of fuel for the US bunker market. 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. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc. for up to $1 billion. All comments are subject to editorial review. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc PBF.N for up to $1 billion. The refinery, located north of Seattle, has the ability to process 144,000 barrels per day (bpd) of crude oil, according to Refinitiv Eikon data. This will result in a more valuable, integrated downstream business,” Robin Mooldijk, EVP Manufacturing, said in a statement. 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. 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. 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. 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. Browse through Oil Refineries For Sale Worldwide at DealStream. 'content_type' : 'Company Intelligence', 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. Share this article. 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. To contact the author, email bertie.taylor@rigzone.com. 'company' : 'Shell', [view details] The deal, with independent refiner PBF Energy Inc, will see the supermajor get up to $1 billion. It also produces low-sulfur VGO/heavy olefin feed and benzene. 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. The company also retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. The refinery can process about 90,000 barrels per day of oil producing LPG, diesel fuel, jet fuel and gasoline. See here for a complete list of exchanges and delays. Republican Senators Request Biden Meeting, Nigeria Judge Issues Arrest Warrant for Local Exxon Exec. The move is in line with the company’s plans to reshape its global refining portfolio. 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 Delaware City refinery has a throughput capacity of 190,000 bpd and a Nelson complexity rating of 11.3. Shell agrees to sale of Martinez Refinery News provided by. Our Standards: The Thomson Reuters Trust Principles. Reporting By Jessica Resnick-Ault and Laura Sanicola in New York; editing by Jonathan Oatis. Shell has also divested refineries in other regions, selling its 50% stake in the SASREF refinery in Saudi Arabia last year. 'tag' : 'Property_Acquisitions_Divestitures', The move is in line with the company's plans to reshape its global refining portfolio. Equilon Enterprises LLC, doing business as Shell Oil Products U.S. (a subsidiary of Royal Dutch Shell plc), is marketing two of its refineries in the United States. “We are refocusing our global presence in line with that of our customers, trading operations, and chemicals plants. A range of other fuel products such as liquid petroleum gases, gasoline and kerosene are also made at Mobile. Shell Jun 11, 2019, 16:15 ET. How Many US GOM Jobs Could Go Under Biden? In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc. Shell already sold one other U.S. refinery last year, in Martinez, California. 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Learn more about Shell on our global website. NEW YORK (Reuters) - Royal Dutch Shell Plc. It has the optionality to run as a stand-alone refinery, to produce base oils or chemicals feedstock. A range of other fuel products such as liquid petroleum gases, gasoline and kerosene are also made at Mobile. It will also maintain its marketing presence and honor branded wholesale agreements within both the West and Gulf Coast regions. Shell sees the six sites as operating as what it called energy and chemicals parks. The chief executive for New Jersey-based PBF called the Contra Costa County facility, which has refining capacity of 160,000 barrels a day, the best refinery in the Bay Area. It also produces nonene and tetramer--chemicals used in plastic products. 'content_origin' : 'Original Content', Oil and gas major Shell has publicly committed to selling more than $5 billion of assets per year in 2019 and 2020. Mobile is near the U.S. Gulf Coast, at the north end of Mobile Bay. 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 … According to the company, the U.S. Gulf Coast will remain a key manufacturing hub for Shell, along with Rotterdam and Singapore. 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. Mobile is near the U.S. Gulf Coast, at the north end of Mobile Bay. “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. }. 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 … 'published_date' : '2020-03-09', If the marketing process does not result in a finalized sales transaction, Shell plans to continue operating the refineries, the company noted. 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. The Puget Sound refinery sits on March Point, near Anacortes in Washington. Since 1998 it has been jointly owned by Shell, Texaco, and Saudi Aramco. All quotes delayed a minimum of 15 minutes. 'company_sentiment' : 'Neutral', 'longevity' : 'News', Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. Shell is a global group of energy and petrochemical companies. Used Refinery : Top class refinery well modernized, accepts a wide mix of crudes, extremely high conversion grade, product slate to EURO 5 standards. At the start of February, Shell finalised the sale of its Martinez refinery in southern California to PBF Energy for $1.2billion. 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. As a result of its configuration and petroleum refinery processing units, Delaware City has the capability to process a diverse heavy slate of crudes with a high concentration of high sulfur crudes making it one of the largest and most complex refineries on the East Coast. This is Shell's third effort to divest a plant in the past year. 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. 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. Equilon Enterprises, doing business as Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell, is seeking buyers to sell two of its refineries in the US. The refinery was decommissioned in 2017 and is now available for sale and relocation. MARTINEZ — The Shell oil refinery that has been here since 1915 is changing hands, after its parent company agreed to a $1 billion sale to PBF Holding Company, the … Separately, Puget Sound is located on March Point near Anacortes, WA, and can process about 149,000 barrels per day of crude oil. The Delaware City refinery is located on a 5,… Royal Dutch Shell [NYSE:RDS.A] continues to pare down its refinery portfolio and simultaneously grow investments in new energies, said Guus Greve, vice president of acquisitions and divestments for downstream and new energies.. Off-topic, inappropriate or insulting comments will be removed. MHIL purchased Shell’s 51% stake in SRC, including the 125,000-b/d refinery in Port Dickson, Malaysia, for $66.3 million, Shell said on Dec. 22. var ssdl = ssdl || {} 'audience' : 'News', New RCC in 2004, substantial improvement of environmental impacts in 2010 to 2013, last turnaround in 2013. Shell CFO Jessica Uhl said in an … AMERICAS: Shell finalises sale of Martinez refinery to PBF ANACORTES — Shell Puget Sound Refinery on March Point is for sale, the refinery’s parent company announced Thursday. The company retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. 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 … 'sector' : 'refining', 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. In June, Shell agreed to sell its Martinez, California, refinery to independent refiner PBF Energy Inc PBF.N for up to $1 billion. Over time Shell came into full ownership after Texaco merged with Chevron and Saudi Aramco dropped out of the refinery in 2017. The Netherlands-based company is trying to use its global scale to build a power business as the world moves toward cleaner energy. Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. The company completed a sale of its Martinez refinery … This is Shell's third effort to divest a plant in the past year. B y Erwin Seba. ssdl.editorialMetaData = { 'Country' : 'US', Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone.
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