Hover over the logos to learn more about the companies who made this project possible. Petrobras on refinery sales édité le 11/12/2020 - Plus de news de " PETROBRAS " - Voir la fiche entreprise de " PETROBRAS " Petrobras , following up on the press release disclosed on July 9, 2020, informs that it has concluded the negotiation phase with the Mubadala Group as part of the process for divesting the Landulpho Alves Refinery (RLAM), in Bahia. Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. 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. 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 … 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. 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. 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. 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. Dec 17, 2020. PRIOS has extensive expertise in the global oil refinery business, with focus in decommissioning, sales and relocation of oil refinery plants. 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. Shell is shedding its Martinez refinery in California as it seeks to focus its portfolio on refineries with more chemical, trading and marketing integration, the company announced late Tuesday. 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. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February. Inside Energy. Tuesday, 07/21/2020Published by: Amy Kalt. 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. 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. Meccanica Gervasoni supplies high-technology engineering services to the hydrocarbons sector. 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. Each Pneumofore solution includes bespoke system engineering by the company’s dedicated and highly experienced technical personnel. 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. Shell is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. Shell gehört zu den weltweit größten Energieunternehmen. - Is the Crude Market Headed for an Ugly Replay of This Spring? 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. I Got Storage (I Feel Good) – Storage Operators at the St. James Crude Hub. Shell is a global group of energy and petrochemical companies. Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners. 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. This will result in a more valuable, integrated downstream business. Over the same interval its oil product sales increased from 6.46 million b/d to 6.78 million b/d. Shell has been dumping refineries all over the place for the past few years. Back to top. Browse through Oil Refineries For Sale Worldwide at DealStream. 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. It has the potential to operate as a standalone refinery that produces base oils or chemicals feedstock. 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. In 2017, Shell signed binding definitive agreements with SRI for the separation of assets, liabilities and businesses of Motiva. Additionally, the refinery’s location just upriver from the St. James, LA, storage and distribution hub provides a high degree of flexibility and optionality for both foreign and domestic oil supplies via pipeline. The refinery is located in BC's Lower Mainland and is the only refinery operating in the Vancouver area. 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. "We look forward to welcoming Martinez's employees to the PBF family and continuing Shell's dedicated community partnerships," said Nimbley. The refineries that have been put up for sale include Mobile, Alabama, and Puget Sound near Anacortes, Washington. 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. 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 … 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. It also produces various chemicals, such as nonene and tetramer, used in plastic products. Baby Break It Down- How Much Can Refineries Slow Their Operations Without Going Offline? ANCORTES -- The Shell Puget Sound Refinery is for sale, the refinery’s parent company announced March 5. Shell aims to reduce its refining portfolio further, to around 10 facilities capable of enduring downturns in refining cycles, chief executive Ben van Beurden said today. * Shell has been in talks with India's Essar Oil ESRO.BO on the sale of the three refineries. Today, we review the refinery’s characteristics and how it stacks up against its nearby rivals. 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. 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. 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. 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… 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. The refinery is located in BC's Lower Mainland and is the only refinery operating in the Vancouver area. Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. The company also retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. 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. 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. Shell scraps sale of Danish refining unit. Shell is testing the market to potentially sell its Convent refinery and various facilities associated with the site. 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. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. If you continue to use this site we will assume that you are happy with it. 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. 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. re: Shell selling Convent refinery Posted by notiger1997 on 7/7/20 at 10:45 am to wileyjones. 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. The Mobile refinery reportedly has a processing capacity of approximately 90,000 barrels per day (bpd) of crude oil. Shell Norco is for sale or Motiva Convent? Replies (4) 2 19. notiger1997 Metairie Member since May 2009 48573 posts. 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. Over 20,000 businesses, properties, franchises, and investments for sale in 50 countries. We use them to give you the best experience. Convent is the fourth U.S. refinery that Shell is looking to unload in a little more than a year’s time. Follow the company to be always up to date with this company. 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. The company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. 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. The move is in line with the company's plans to reshape its global refining portfolio. 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 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. With its position along the Mississippi River, Convent also has access to international waters. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. Of note, both the Deer Park and Norco refineries are connected to adjacent ethylene crackers and related petrochemical facilities. Cruel Summer? Originally built in 1952 by Canadian Oil Companies Limited, the refinery became part of Shell’s operations in 1963 when Shell purchased Canadian Oil. Shell also said it would put at least five out of its 15 refineries up for sale. All e-mails from the system will be sent to this address. Leading energy companies announce transition principles. Refineries For Sale But Not Finding Willing Buyers. That would set the pre-pandemic price for refining assets at about $6,000 a barrel. 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. Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Convent, with a capacity of 240 Mb/d, is near the middle of the pack in terms of refinery size and possesses some unique characteristics that could make it an attractive option for the right buyer and market conditions. 15,000 bpd Oil refinery Topping Plants . 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. 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.” We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. You've Got Your Troubles - Is the Northeast Gas Market Headed for a Fall Meltdown? 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.” No surprise at all. We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. 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. 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. 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? What Difference Does It Make? 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. Reply. Now, the property will be marketed for divestment after … 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). Over the same interval its oil product sales … 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). Shell Convent Refinery was put up for sale in July but did not land a viable buyer, the statement notes. Shell says it employs more than 700 people at the site. Shell sees the six sites as operating as what it called energy and chemicals parks. 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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. Meanwhile, the Puget Sound refinery has a processing capacity of about 149,000bpd of crude oil. 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. After a prolonged period of negotiation, Stanlow was sold by Shell to Essar Energy for approximately $1.3 billion (£814 million) in 2011. Auch in Deutschland wollen wir unseren Beitrag zur Energiewende leisten und mehr klimafreundliche Energielösungen bereitstellen, um die CO2-Emissionen zu senken. Green Grow the (Refineries) - Low-Carbon Programs Spur More Renewable Diesel, Too Soon to Know - E&Ps Slash Capex, Offer Sparse Production Guidance. 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. 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. Die Pandemie fordert weiter ihre wirtschaftlichen Opfer. ANACORTES — Shell Puget Sound Refinery on March Point is for sale, the refinery’s parent company announced Thursday. This provides significant crude oil and feedstock sourcing flexibility, as well as outlets to refined product export markets. The Puget Sound refinery sits on March Point, near Anacortes in Washington. Learn more about Shell on our global website. Our website uses cookies to ensure that we give you the best experience on our website. The Puget Sound refinery sits on March Point, near Anacortes in Washington. - 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. Dec 21, 2020. In December 2016, we completed the sale of our 51% shareholding in SRC in Malaysia, which includes the Port Dickson Refinery, to Malaysia Hengyuan International Ltd. Replies (4) Options Top. Shell has been dumping refineries all over the place for the past few years. 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. 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. Shell Puts Two US Refineries up for Sale. 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 said that it will use the US Gulf Coast as its key manufacturing hub, alongside Singapore and Rotterdam. According to Shell, the sale of these refineries forms part of the company’s previously disclosed plans to reorganise its global refining portfolio. 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 … 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. New technologies, news, new products, essential guides and more. We use cookies to ensure that we give you the best experience on our website. The company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. A valid e-mail address. So hat Royal Dutch Shell nun "schweren Herzens" beschlossen, die Raffinerie in Convent zu schließen. Spaces are allowed; punctuation is not allowed except for periods, hyphens, apostrophes, and underscores. 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. 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.

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