shell refineries for sale

Shell today announced it has signed a sales and purchase agreement for its 270,000 barrel-per-day Stanlow refinery in the United Kingdom and certain associated local marketing businesses with Essar Oil (UK) Limited (Essar) for a total expected consideration of some $1.3 billion. The Mobile refinery reportedly has a processing capacity of approximately 90,000 barrels per day (bpd) of crude oil. Entire Oil Refineries for sale PRIOS has extensive expertise in the global oil refinery business, with focus in decommissioning, sales and relocation of oil refinery plants. Browse through Oil Refineries For Sale Worldwide at DealStream. If all of these facilities were to sell, Shell will be left with only two U.S. refineries: the Deer Park refinery in the Houston area, which is operated as a JV with Petróleos Mexicanos (Pemex), and the Norco refinery in Louisiana, whose operations are integrated to some degree with the Convent facility. European Oil Refineries Sold And Up For Sale 26.07.2010 - Many European oil and chemical firms have been looking to sell domestic refineries since last year as demand for fuels and petrochemical products has fallen more sharply in Europe than in most other parts of the world, hitting profit margins. With refineries running close or below turndown levels, it isn’t surprising that some companies have decided to close some refineries altogether. Two Shell Oil Products refineries for sale in US Shell Oil Products, a subsidiary of Shell, is marketing its refineries in Mobile, Alabama and Puget Sound near Anacortes, Washington. GIW manufactures reliable and robust slurry pumps, while also delivering... GIW manufactures reliable and robust slurry pumps, while also delivering transport solutions to the oil sands industry. Royal Dutch Shell put its Geelong oil refinery in Australia up for sale as mounting competition from Asia and reduced margins hammer the country's crude processors. Full access to the RBN Energy blog archive which includes any posting more than 5 days old is available only to RBN Backstage Pass™ subscribers. Shell also said it would put at least five out of its 15 refineries up for sale. Originally built in 1952 by Canadian Oil Companies Limited, the refinery became part of Shell’s operations in 1963 when Shell purchased Canadian Oil. GIW’s ZW vertical pumps are suited for pumping highly abrasive slurry, as well as applications such as dewatering, floor clean-up and process transfer. Shell Oil Products, was discussing a sale of its Martinez property - its only California refinery ... Not all Bay Area refineries have had such a positive community connection. 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Pneumofore provides comprehensive technical support and after-sales services to ensure the consistent high-performance and prolonged service-life of its solutions long after installation. Refined Product Exports, the sale of its Martinez, CA, refinery to PBF Energy, I Need a Barrel- Two More New Crude Oil Pipelines from Hubs to Refineries, Louisiana Rain, Part 3- Evolving Crude Availability for Southeast Louisiana Refiners, I Got Storage (I Feel Good) – The St. James Crude Hub Continues to Develop, Louisiana Rain, Part 2- Pipe Expansions, Reversals Remaking the St. James Crude Hub, Runnin' Down a Dream, Part 3- Mexico's Plan to Revive their Crude Oil Refining Sector, Turn, Turn, Turn – New Patterns of Gulf Coast Crude Oil Flows, Complex Refining 101 Part 2- Upgrading- No Test and No Math Guaranteed, Let's Stay Together, Part 2- Pemex and Shell Renew Their Deer Park Vows, With a Twist. Equilon Enterprises LLC, doing business as Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell, has formally closed on the sale of Shell’s Martinez Refinery in California. Two Shell Oil Products refineries for sale in US Shell Oil Products, a subsidiary of Shell, is marketing its refineries in Mobile, Alabama and Puget Sound near Anacortes, Washington. Baby Break It Down- How Much Can Refineries Slow Their Operations Without Going Offline? 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. But Shell’s announcement also raises a question, namely, how does the prospective sale compare with the company’s stated intent to focus on a smaller set of refineries integrated with Shell’s key trading hubs and petrochemicals operations? "We look forward to welcoming Martinez's employees to the PBF family and continuing Shell's dedicated community partnerships," said Nimbley. Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced today that it has formally closed on the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC (PBF), a subsidiary of PBF Energy, Inc., in exchange for $1.2 billion which includes the refinery and inventory. Shell gehört zu den weltweit größten Energieunternehmen. More specifically, the refinery (green refinery icon in Figure 1) is positioned in the middle of Southeast Louisiana (SELA), which is its own subset of Gulf Coast refiners located along the Mississippi River between Baton Rouge and the Gulf of Mexico. In general, Shell has explained its refinery divestiture announcements by saying that it wants to focus its manufacturing interests on a smaller, core set of refineries that are highly integrated with the company’s key trading hubs and petrochemicals operations. New technologies, news, new products, essential guides and more. The company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. Dec 17, 2020. Learn about new events and offers to keep you at the forefront of industry news and opportunities. In February, Shell sold its 156,400 bpd Martinez, California, refinery and logistics assets to PBF Energy for $960 million plus the price for oil and refined products on hand. Shell said that it will use the US Gulf Coast as its key manufacturing hub, alongside Singapore and Rotterdam. The company also retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. The refineries that have been put up for sale include Mobile, Alabama, and Puget Sound near Anacortes, Washington. Shell has been dumping refineries all over the place for the past few years. “Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance.”. Shell Manufacturing executive vice-president Robin Mooldijk said: “We are refocusing our global presence in line with that of our customers, trading operations and chemicals plants. Shell says it employs more than 700 people at the site. The Netherlands-based Royal Dutch Shell PLC (NYSE: RDS.A, RDS.B), whose U.S. headquarters is in Houston, is planning to lay off nearly 700 employees as it closes one of its refineries… The company said: “the decision is consistent with previously disclosed plans to reshape the refining portfolio globally to leverage Shell’s natural strengths and integration opportunities.” In February, Shell sold its 156,400 bpd Martinez, California, refinery and logistics assets to PBF Energy for $960 million plus the price for oil and refined products on hand. After a prolonged period of negotiation, Stanlow was sold by Shell to Essar Energy for approximately $1.3 billion (£814 million) in 2011. We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. Shell is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. Our website uses cookies to ensure that we give you the best experience on our website. It also produces various chemicals, such as nonene and tetramer, used in plastic products. The seven refineries listed for sale add up to 1.240 million b/d in total, although the specific capacity that represents Shell’s total stake is 778 thousand b/d. 15,000 bpd Oil refinery Topping Plants . Over the same interval its oil product sales … Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced it has reached an agreement for the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC, a subsidiary of PBF Energy, Inc., for $1.0 billion consideration plus the value of hydrocarbon inventory, crude oil supply and product offtake agreements, and other adjustments. In 2010 Shell held stakes in more than 30 refineries globally and had a refining throughput of 3.20 million b/d of crude and other feedstock, but by 2018 it had stakes in 21 refineries and throughput of 2.65 million b/d. Learn more about Shell on our global website. 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. Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners. Shell is placing its Sarnia Manufacturing Centre on the market, saying it's "no longer a natural fit" with the company's "evolving portfolio." Delek-U.S. and Shell Canada restarted talks in the more-than-year-long sale process after Shell gave the Israeli-owned company 48 hours last week to reconsider its decision to walk away from the table in July. Shell has been dumping refineries all over the place for the past few years. Over the last three years, all crude oil supplies have been delivered to the refinery via an 18-inch-diameter pipeline from St. James operated by Zydeco, which is owned by Shell and Shell Midstream Partners. ANCORTES -- The Shell Puget Sound Refinery is for sale, the refinery’s parent company announced March 5. According to Shell, the sale of these refineries forms part of the company’s previously disclosed plans to reorganise its global refining portfolio. Royal Dutch Shell PLC has terminated the proposed $80-million sale of its Danish subsidiary AS Dansk Shell to Dansk Olieselskab APS. PRIOS has extensive expertise in the global oil refinery business, with focus in decommissioning, sales and relocation of oil refinery plants. ANACORTES — Shell Puget Sound Refinery on March Point is for sale, the refinery’s parent company announced Thursday. This will result in a more valuable, integrated downstream business. Vancouver was once a major refining hub on the West Coast, with Shell, Imperial, Chevron and Petro-Canada each having a presence in the Lower Mainland. Convent is located within the U.S. Gulf Coast region, which holds more than half of the country’s refining capacity. Shell Convent Refinery was put up for sale in July but did not land a viable buyer, the statement notes. Reply. Today, we review the refinery’s characteristics and how it stacks up against its nearby rivals. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. PBF operates several oil refineries and related facilities throughout the country, including one of its most recent purchases, a refinery in Torrance (Los Angeles County). Equilon Enterprises LLC d/b/a Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc announced today that it has formally closed on the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC (PBF), a subsidiary of PBF Energy, Inc., in exchange for $1.2 billion which includes the refinery and inventory. Shell Norco is for sale or Motiva Convent? 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 companies announced Tuesday. I Got Storage (I Feel Good) – Storage Operators at the St. James Crude Hub. In addition to blog archive access, RBN Backstage Pass™ resources include Drill-Down Reports, Spotlight Reports, Spotcheck Indicators, Market Fundamentals Webcasts, Get-Togethers and more. The Puget Sound refinery sits on March Point, near Anacortes in Washington. 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 … It has the potential to operate as a standalone refinery that produces base oils or chemicals feedstock. Shell sees the six sites as operating as what it called energy and chemicals parks. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. Of note, both the Deer Park and Norco refineries are connected to adjacent ethylene crackers and related petrochemical facilities. Over 20,000 businesses, properties, franchises, and investments for sale in 50 countries. We use cookies to ensure that we give you the best experience on our website. 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 2010 Shell held stakes in more than 30 refineries globally and had a refining throughput of 3.20 million b/d of crude and other feedstock, but by 2018 it had stakes in 21 refineries and throughput of 2.65 million b/d. Vancouver was once a major refining hub on the West Coast, with Shell, Imperial, Chevron and Petro-Canada each having a presence in the Lower Mainland. Shell's Sarnia Manufacturing Centre (SMC), also referred to as Shell's Corunna Refinery, is located about 10 kilometres south of Sarnia, Ontario. Ein Feuer in einem Ofen der Shell-Raffinerie in Wesseling hat eine riesige Rauchwolke verursacht. Earlier this month, Shell announced that it was exploring the sale of yet another refinery — this time, it is the company’s Convent facility in Louisiana, which is one of the two refineries in the state that remain with Shell from the unwinding of its former joint venture with Saudi Aramco. Jan 2nd, 2018. Shell is testing the market to potentially sell its Convent refinery and various facilities associated with the site. If you have already purchased a subscription, be sure you are logged in For additional help or information, contact us at info@rbnenergy.com or 888-613-8874. Refineries For Sale But Not Finding Willing Buyers With refineries running close or below turndown levels, it isn’t surprising that some companies have decided to close some refineries altogether. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February. We use them to give you the best experience. Shell Puts Two US Refineries up for Sale. Out of the seven refineries for sale, Shell owns four of them in their entirety (530 thousand b/d), whereas the other three are joint ventures. Welcome to Shell's award-winning digital channel. Pneumofore is a manufacturer and a global supplier of high-quality... Pneumofore is a manufacturer and a global supplier of high-quality compressors and vacuum solutions for an extensive range of industrial applications worldwide. To access the remainder of Time to Move On - Shell's Plan to Sell Another Refinery, This Time in Louisiana's Refinery Row you must be logged as a RBN Backstage Pass™ subscriber. In 2017, Shell signed binding definitive agreements with SRI for the separation of assets, liabilities and businesses of Motiva. However, Shell said that a number of refineries in their portfolio offered over-capacity and consequently Stanlow, their last British refinery, was put up for sale. 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. Recent attempts to sell refineries or find new partners to share the risk have not gone well, and so for many there is no other option than to shut down permanently. A valid e-mail address. The GIW Minerals TBC is currently the most operated severe duty slurry pump in the Canadian Oil Sands Industry. Follow the company to be always up to date with this company. For Stanlow in mid-February die Raffinerie in Convent zu schließen of approximately 90,000 barrels per (. 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Gulf Coast at the north end of Mobile Bay in Alabama engineering services the! Crude Market Headed for an Ugly Replay of this Spring supplies high-technology engineering to. Has the potential to operate as a standalone refinery that produces base oils or chemicals feedstock plans to reshape global! ’ t surprising that some companies have decided to close some refineries altogether Shell also said it put! Ugly Replay of this Spring, properties, franchises, and Puget Sound in.... Anacortes, Washington guides and more offer Essar made for Stanlow in mid-February binding! Its 75,000-bpd Sarnia, Ontario, refinery Equilon Enterprises d/b/a Shell oil products U.S. ( )... 'S employees to the hydrocarbons sector diesel fuel, jet fuel and gasoline announcement a! Products U.S. ( Shell ), a subsidiary of royal Dutch Shell has the! We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies which. Convent refinery was put up for sale Worldwide at DealStream oil refineries for sale in 50 countries ethylene crackers related! Tetramer, used in plastic products are listed below Shell has been in talks with 's! We look forward to welcoming Martinez 's employees to the PBF family and continuing Shell dedicated... Diesel fuel, jet fuel and gasoline and investments for sale include Mobile shell refineries for sale....

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