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Selasa, 16 Januari 2018

Saudi Aramco, Royal Dutch Shell finalize deal to split up Motiva ...
src: media.bizj.us

Motiva Enterprises, LLC, was a 50-50 joint venture between Shell Oil Company (the wholly owned American subsidiary of Royal Dutch Shell) and Saudi Refining Inc. (controlled by Saudi Aramco). As of May 2017, Motiva is a fully owned affiliate of Saudi Refining Inc. The company is currently headquartered in Houston, Texas, United States.

Motiva Enterprises posted revenue of $24 billion during fiscal 2004.

In 1988, Texaco and Saudi Refining agreed to form a joint venture known as Star Enterprise in which Saudi Refining would own a 50 percent share of Texaco's refining and marketing operations in the eastern United States and Gulf Coast.

In 1997, Shell embarked on two joint ventures with Texaco in which the companies merged their marketing and refining operations. The operations in the western and midwestern United States were merged into a company called Equilon. The Star Enterprise operation and Shell's eastern and southeastern operations were merged into a company called Motiva. After Texaco merged with Chevron in 2001, Shell and Saudi Refining purchased Texaco's interests in the joint ventures. Equilon became a fully owned subsidiary of Shell, while Saudi Aramco and Shell each became equal owners of Motiva..

The Motiva joint venture was formed in 1998 and operated as a 50/50 refining and marketing joint venture between the parties from 2002-April 2017.

In March 2017, Royal Dutch Shell plc signed definitive agreements with Saudi Refining Inc. that gave full ownership of refining and marketing joint venture Motiva Enterprises, LLC to Saudi Refining.


Video Motiva Enterprises



Operations

Motiva Enterprises owns and operates the Port Arthur Refinery in Port Arthur, Texas. On May 25th, 2012, Motiva officially completed its expansion of the refinery to a capacity of 600,000 bbl/d (95,000 m3/d) making it the largest refinery in North America and the fifth largest in the world.

Motiva's products include diesel, gasoline, liquefied petroleum gas (LPG), aviation fuel, and lubricants which it supplies to American states in the South, Mid-Atlantic, and the Northeast. Marketing outlets include 5200 Shell and 76-branded service stations. There are 24 storage and distribution terminals.


Maps Motiva Enterprises



References


Life Saving Rules Motiva Enterprises. - ppt video online download
src: slideplayer.com


External links

  • Motiva Enterprises LLC Home Page
  • Shell Americas - about Motiva
  • Oil & Gas Journal: Motiva Announces Progress on Refinery Expansion Project

Source of article : Wikipedia