Shell has been dumping refineries all over the place for the past few years. Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. 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Ein Feuer in einem Ofen der Shell-Raffinerie in Wesseling hat eine riesige Rauchwolke verursacht. 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. 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. - Is the Crude Market Headed for an Ugly Replay of This Spring? 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. So hat Royal Dutch Shell nun "schweren Herzens" beschlossen, die Raffinerie in Convent zu schließen. Now, the property will be marketed for divestment after … Baby Break It Down- How Much Can Refineries Slow Their Operations Without Going Offline? 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. With its position along the Mississippi River, Convent also has access to international waters. 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. It has the potential to operate as a standalone refinery that produces base oils or chemicals feedstock. 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. Replies (4) 2 19. notiger1997 Metairie Member since May 2009 48573 posts. 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. 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. Dec 21, 2020. Jan 2nd, 2018. No surprise at all. 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. Convent is the fourth U.S. refinery that Shell is looking to unload in a little more than a year’s time. 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. Of note, both the Deer Park and Norco refineries are connected to adjacent ethylene crackers and related petrochemical facilities. Dec 17, 2020. 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.” 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. 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. Leading energy companies announce transition principles. 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. 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 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. Shell's Sarnia Manufacturing Centre (SMC), also referred to as Shell's Corunna Refinery, is located about 10 kilometres south of Sarnia, Ontario. 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. Hover over the logos to learn more about the companies who made this project possible. “Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance.”. 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. Over the same interval its oil product sales increased from 6.46 million b/d to 6.78 million b/d. 15,000 bpd Oil refinery Topping Plants . After a prolonged period of negotiation, Stanlow was sold by Shell to Essar Energy for approximately $1.3 billion (£814 million) in 2011. Shell is placing its Sarnia Manufacturing Centre on the market, saying it's "no longer a natural fit" with the company's "evolving portfolio." Green Grow the (Refineries) - Low-Carbon Programs Spur More Renewable Diesel, Too Soon to Know - E&Ps Slash Capex, Offer Sparse Production Guidance. 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. With refineries running close or below turndown levels, it isn’t surprising that some companies have decided to close some refineries altogether. Replies (4) Options Top. Inside Energy. Die Pandemie fordert weiter ihre wirtschaftlichen Opfer. Over 20,000 businesses, properties, franchises, and investments for sale in 50 countries. 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 is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. 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. 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. 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 Puts Two US Refineries up for Sale. 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. This will result in a more valuable, integrated downstream business. The refineries that have been put up for sale include Mobile, Alabama, and Puget Sound near Anacortes, Washington. 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 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. This provides significant crude oil and feedstock sourcing flexibility, as well as outlets to refined product export markets. Shell sees the six sites as operating as what it called energy and chemicals parks. According to Shell, the sale of these refineries forms part of the company’s previously disclosed plans to reorganise its global refining portfolio. It also produces various chemicals, such as nonene and tetramer, used in plastic products. 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. 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. Receive the Free RBN Daily Energy Blog via email every morning to stay on top of energy market trends and the mechanics that drive them. Shell said that it will use the US Gulf Coast as its key manufacturing hub, alongside Singapore and Rotterdam. 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. Shell announces the sale of a minority interest in QCLNG Common Facilities infrastructure to Global Infrastructure Partners. Learn about new events and offers to keep you at the forefront of industry news and opportunities. Reply. "We look forward to welcoming Martinez's employees to the PBF family and continuing Shell's dedicated community partnerships," said Nimbley. The two refineries are being sold by Equilon Enterprises d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. Shell is testing the market to potentially sell its Convent refinery and various facilities associated with the site. 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 company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. PRIOS has extensive expertise in the global oil refinery business, with focus in decommissioning, sales and relocation of oil refinery plants. 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 … Shell has been dumping refineries all over the place for the past few years. All e-mails from the system will be sent to this address. The company also retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. The company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. Our website uses cookies to ensure that we give you the best experience on our website. The company said in a news release that the process may take months and may not even result in a sale. 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. 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. ANCORTES -- The Shell Puget Sound Refinery is for sale, the refinery’s parent company announced March 5. 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. The Mobile refinery reportedly has a processing capacity of approximately 90,000 barrels per day (bpd) of crude oil. Over the same interval its oil product sales … The refineries that have been put up for sale include Mobile, Alabama, and Puget Sound near Anacortes, 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 has been in talks with India's Essar Oil ESRO.BO on the sale of the three refineries. 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 … Auch in Deutschland wollen wir unseren Beitrag zur Energiewende leisten und mehr klimafreundliche Energielösungen bereitstellen, um die CO2-Emissionen zu senken. 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. Welcome to Shell's award-winning digital channel. 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. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. The GIW Minerals TBC is currently the most operated severe duty slurry pump in the Canadian Oil Sands Industry. The refinery is located in BC's Lower Mainland and is the only refinery operating in the Vancouver area. The Puget Sound refinery sits on March Point, near Anacortes in Washington. 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… 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). Browse through Oil Refineries For Sale Worldwide at DealStream. Meccanica Gervasoni supplies high-technology engineering services to the hydrocarbons sector. 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. We use cookies to ensure that we give you the best experience on our website. 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 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 … 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. 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. In 2017, Shell signed binding definitive agreements with SRI for the separation of assets, liabilities and businesses of Motiva. A valid e-mail address. 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.” Beschlossen, die Raffinerie in Convent zu schließen the refineries that have been put up for sale Mobile... 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