Refineries For Sale But Not Finding Willing Buyers. Follow the company to be always up to date with this company. Meanwhile, the Puget Sound refinery has a processing capacity of about 149,000bpd of crude oil. The Puget Sound refinery sits on March Point, near Anacortes in Washington. 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. Shell is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. Last month, Equilon Enterprises concluded the $1.2bn divestment of the Martinez Refinery in California to PBF Energy subsidiary PBF Holding on behalf of Shell Oil Products US. The Mobile refinery reportedly has a processing capacity of approximately 90,000 barrels per day (bpd) of crude oil. Hover over the logos to learn more about the companies who made this project possible. The refineries that have been put up for sale include Mobile, Alabama, and Puget Sound near Anacortes, Washington. Dec 17, 2020. 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. 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). 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. 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. In 2017, Shell signed binding definitive agreements with SRI for the separation of assets, liabilities and businesses of Motiva. All e-mails from the system will be sent to this address. 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. I Got Storage (I Feel Good) – Storage Operators at the St. James Crude Hub. 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. Back to top. The company also retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. Shell said that it will use the US Gulf Coast as its key manufacturing hub, alongside Singapore and Rotterdam. Today, we review the refinery’s characteristics and how it stacks up against its nearby rivals. 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 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. According to Shell, the sale of these refineries forms part of the company’s previously disclosed plans to reorganise its global refining portfolio. 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. Browse through Oil Refineries For Sale Worldwide at DealStream. 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. The refinery is located in BC's Lower Mainland and is the only refinery operating in the Vancouver area. Shell scraps sale of Danish refining unit. 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. No surprise at all. 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. 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. Over the same interval its oil product sales increased from 6.46 million b/d to 6.78 million b/d. 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. 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. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. 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. 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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. Check this box if you do not want to receive RBN morning emails, Save It for a Rainy Day - Energy Storage's Emerging Challenge to Natural Gas in the Power Sector, He Ain't Heavy, He's My (Diluent) Part 3 - The Pipelines that Transport Diluent to the Oil Sands, Smoky and The Salt Caverns - A Saga of NGL Storage: RBN's Greatest Hits. - How Crude Price Differentials Affect Producers, Just What I Needed - Permian Oil Shut-Ins End At $40/bbl, But a Production Decline Looms, I Knew You Were Trouble - Rulings on KXL Permit Cloud Other Oil and Gas Pipeline Projects, Gimme Some Truth - Permian Well Shut-ins Wind Down, But Natural Declines Extend Oil, Gas Downturn, Stayin' Alive - Oxy's Prospects Hinge on Oil Prices, Cash Flow as Debt Repayment Looms, Dream On - The Challenges Posed by Shutting Down the Dakota Access Crude Pipeline, Hold on to Your Hat - A Fight is Brewing for Canada’s Propane Exports, When the Ship Comes In - First Tanker Set to Arrive at South Texas Gateway Crude Export Terminal, Soak Up The Sun - Texas Solar Ramps Up at Expense of Coal, Not Natural Gas, Time to Move On - Shell's Plan to Sell Another Refinery, This Time in Louisiana's Refinery Row, The Long and Winding Road - A Propane Molecule's Journey to Mont Belvieu and Markets Beyond, We Take Care of Our Own, Part 2 - Pemex's Struggles Bode Well for U.S. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. 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. Shell gehört zu den weltweit größten Energieunternehmen. A valid e-mail address. 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? Shell Convent Refinery was put up for sale in July but did not land a viable buyer, the statement notes. Meccanica Gervasoni supplies high-technology engineering services to the hydrocarbons sector. 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. With its position along the Mississippi River, Convent also has access to international waters. It produces LPG, diesel fuel, jet fuel and gasoline. 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. 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. Royal Dutch Shell PLC has terminated the proposed $80-million sale of its Danish subsidiary AS Dansk Shell to Dansk Olieselskab APS. What's strange with how this will all play out is that when that refinery was under the Motiva name, they spend a shitload of money running three piplelines to Norco with the intent of shutting down … If you continue using our website, we'll assume that you are happy to receive all cookies on this website. New technologies, news, new products, essential guides and more. Tuesday, 07/21/2020Published by: Amy Kalt. Auch in Deutschland wollen wir unseren Beitrag zur Energiewende leisten und mehr klimafreundliche Energielösungen bereitstellen, um die CO2-Emissionen zu senken. With refineries running close or below turndown levels, it isn’t surprising that some companies have decided to close some refineries altogether. Our website uses cookies to ensure that we give you the best experience on our website. Royal Dutch Shell has announced the sale of its two refineries in the US, as it continues to reshape its global refining portfolio. 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. We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. Shell is placing its Sarnia Manufacturing Centre on the market, saying it's "no longer a natural fit" with the company's "evolving portfolio." 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. If you continue to use this site we will assume that you are happy with it. Shell sees the six sites as operating as what it called energy and chemicals parks. The refinery is the 11th largest employer in the county, with about 500 employees, according to the most recent employer report from Western Washington University’s Center for Economic and Business Research. Replies (4) Options Top. Jan 2nd, 2018. 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. 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… Leading energy companies announce transition principles. The company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. Dec 21, 2020. In recent years, the SELA region has been experiencing major changes in its crude oil sourcing options and crude oil flows with the additions of pipelines such as Zydeco, PELA (Permian Longview and Louisiana Extension), Bayou Bridge, and the pending Capline pipeline reversal (see map and Louisiana Rain). Shell Puts Two US Refineries up for Sale. We use cookies to ensure that we give you the best experience on our website. Ein Feuer in einem Ofen der Shell-Raffinerie in Wesseling hat eine riesige Rauchwolke verursacht. 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. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. The move is in line with the company's plans to reshape its global refining portfolio. 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's Sarnia Manufacturing Centre (SMC), also referred to as Shell's Corunna Refinery, is located about 10 kilometres south of Sarnia, Ontario. In September, Shell said it would retain six facilities that have both an oil refinery and chemical operations, including Norco in Louisiana and Deer Park in Texas, Rheinland in Germany, Pernis in the Netherlands, Pulau Bukom in Singapore and Scotford in Canada. It also produces various chemicals, such as nonene and tetramer, used in plastic products. 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. We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. 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. 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 company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. 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. Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. 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. re: Shell selling Convent refinery Posted by notiger1997 on 7/7/20 at 10:45 am to wileyjones. The two refineries are being sold by Equilon Enterprises d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. 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. Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners. 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. 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