shell refineries for sale

Shell scraps sale of Danish refining unit. The refinery is located in BC's Lower Mainland and is the only refinery operating in the Vancouver area. 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. Auch in Deutschland wollen wir unseren Beitrag zur Energiewende leisten und mehr klimafreundliche Energielösungen bereitstellen, um die CO2-Emissionen zu senken. The Mobile refinery reportedly has a processing capacity of approximately 90,000 barrels per day (bpd) of crude oil. 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). Learn about new events and offers to keep you at the forefront of industry news and opportunities. 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. 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, we review the refinery’s characteristics and how it stacks up against its nearby rivals. 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 Norco is for sale or Motiva Convent? 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. We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. 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. 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. Cruel Summer? The move is in line with the company's plans to reshape its global refining portfolio. 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 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 … Mobile lies near the US Gulf Coast at the north end of Mobile Bay in Alabama. With its position along the Mississippi River, Convent also has access to international waters. 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. 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. ANACORTES — Shell Puget Sound Refinery on March Point is for sale, the refinery’s parent company announced Thursday. Browse through Oil Refineries For Sale Worldwide at DealStream. 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. Meanwhile, the Puget Sound refinery has a processing capacity of about 149,000bpd of crude oil. Spaces are allowed; punctuation is not allowed except for periods, hyphens, apostrophes, and underscores. Shell has been dumping refineries all over the place for the past few years. Of note, both the Deer Park and Norco refineries are connected to adjacent ethylene crackers and related petrochemical facilities. 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. 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. Reply. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. 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. I Got Storage (I Feel Good) – Storage Operators at the St. James Crude Hub. 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 … Our website uses cookies to ensure that we give you the best experience on our website. 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). We use cookies to ensure that we give you the best experience on our website. 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. 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. 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. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. Hover over the logos to learn more about the companies who made this project possible. Convent is the fourth U.S. refinery that Shell is looking to unload in a little more than a year’s time. The company also retained advisers about a year ago to sell its 75,000-bpd Sarnia, Ontario, refinery. 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. 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 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. Reuters is reporting that Chevron has put their Burnaby Refinery up for sale. 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. Jan 2nd, 2018. 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. 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. 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. Shell Puts Two US Refineries up for Sale. Royal Dutch Shell PLC has terminated the proposed $80-million sale of its Danish subsidiary AS Dansk Shell to Dansk Olieselskab APS. 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. Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. - Is the Crude Market Headed for an Ugly Replay of This Spring? 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. "We look forward to welcoming Martinez's employees to the PBF family and continuing Shell's dedicated community partnerships," said Nimbley. 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 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 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. Replies (4) Options Top. Leading energy companies announce transition principles. 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.” It has the potential to operate as a standalone refinery that produces base oils or chemicals feedstock. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February. The Puget Sound refinery sits on March Point, near Anacortes in Washington. That would set the pre-pandemic price for refining assets at about $6,000 a barrel. Shell is trying to sell operations in Puget Sound in Washington and Saraland, Alabama. So hat Royal Dutch Shell nun "schweren Herzens" beschlossen, die Raffinerie in Convent zu schließen. 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. 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. 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. 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. 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. 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. The company completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. 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 completed a sale of its Martinez refinery in the San Francisco Bay area to PBF Energy earlier this year. The company said in a news release that the process may take months and may not even result in a sale. Refineries For Sale But Not Finding Willing Buyers. Dec 17, 2020. Shell gehört zu den weltweit größten Energieunternehmen. 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. 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. Meccanica Gervasoni supplies high-technology engineering services to the hydrocarbons sector. No surprise at all. We use them to give you the best experience. 15,000 bpd Oil refinery Topping Plants . Follow the company to be always up to date with this company. 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. 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. The Puget Sound refinery sits on March Point, near Anacortes in Washington. 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. Shell sees the six sites as operating as what it called energy and chemicals parks. Shell is testing the market to potentially sell its Convent refinery and various facilities associated with the site. Over the same interval its oil product sales increased from 6.46 million b/d to 6.78 million b/d. 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. Shell also said it would put at least five out of its 15 refineries up for sale. Shell's Sarnia Manufacturing Centre (SMC), also referred to as Shell's Corunna Refinery, is located about 10 kilometres south of Sarnia, Ontario. Tuesday, 07/21/2020Published by: Amy Kalt. Welcome to Shell's award-winning digital channel. This will result in a more valuable, integrated downstream business. 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. You've Got Your Troubles - Is the Northeast Gas Market Headed for a Fall Meltdown? 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. Learn more about Shell on our global website. Ein Feuer in einem Ofen der Shell-Raffinerie in Wesseling hat eine riesige Rauchwolke verursacht. 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. Shell is placing its Sarnia Manufacturing Centre on the market, saying it's "no longer a natural fit" with the company's "evolving portfolio." Shell Convent Refinery was put up for sale in July but did not land a viable buyer, the statement notes. “Both refineries have done an excellent job over the last number of years and have made several notable achievements in safety, reliability and performance.”. 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. The two refineries are being sold by Equilon Enterprises d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. Shell said that it will use the US Gulf Coast as its key manufacturing hub, alongside Singapore and Rotterdam. 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. New technologies, news, new products, essential guides and more. 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. Over 20,000 businesses, properties, franchises, and investments for sale in 50 countries. It produces LPG, diesel fuel, jet fuel and gasoline. Equilon Enterprises, doing business as Shell Oil Products US, will proceed with the sale of two of its refineries ‘Mobile’ and ‘Puget Sound’. 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? According to Shell, the sale of these refineries forms part of the company’s previously disclosed plans to reorganise its global refining portfolio. We are mandated to promote, sell and relocate oil refinery plants on behalf of refinery companies, which are listed below. 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. 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. Back to top. 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