Does Marathon Oil own gas stations? Shell Oil Company is a 50 percent owner of Motiva Enterprises LLC, along with Saudi Refining, Inc. HOUSTON (Reuters) - The co-owners of the Motiva Enterprises LLCâs [MOTIV.UL] joint refining venture plan to end their partnership and divide ownership of ⦠2020 Letter to Investors. Motiva owns and operates North Americaâs largest refinery in Port Arthur with a crude capacity of more than 600,000 barrels a day. There is a personnel shelter near the transfer facilities providing good visibility of the area. Until recently, it was owned by Motiva Enterprises, a joint venture by Shell, Texaco, and Saudi Aramco â it is now wholly owned by Saudi Aramco. Itâs Fun Fact Friday and weâre talking about the biggest oil refinery in the United States. Motiva owns and operates North Americaâs largest refinery in Port Arthur, Texas with a crude capacity of more than 600,000 barrels a ⦠About Motiva Enterprises LLC. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support Get free access to the complete judgment in MOTIVA ENTERPRISES v. SECRETARY OF DNR on CaseMine. The Company owns and operates a refinery in Port Arthur, Texas with a crude capacity of more than 600,000 barrels a day. Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the United States. I learned management truly wants people to work safe. HW-09A13), and became the lead agency for Corrective Action at this facility. Motiva Assets: Terminals ⢠Ownership or interest in 40 refined product terminals. The parcel is located at 98 N Kinderkamack; Motiva Enterprises LLC controlled the parcel 471 PFEIFFER BLVD. THE HAGUE, Netherlands â In a step that marks a major milestone toward closing the transaction for the full ownership of Motiva Enterprises LLC, Royal Dutch Shell PLC has signed binding definitive agreements with SOPC Holdings East LLC and Saudi Refining Inc. on the separation of assets, liabilities and businesses of the refining and marketing joint venture. At its gas stations Shell provides diesel fuel, gasoline and LPG. Until 2017, the Motiva Port Arthur Refinery was a joint venture with a 50% ownership between Shell Oil Products US and Saudi Refining Inc. The refinery has changed owners regularly since going on-line in 1956. There are 680 companies in the Motiva Enterprises LLC corporate family. Our story is about more than energy. Brian brings with him a wealth of experience in business growth, operational excellence, strategy, and margin delivery. Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the United States. Motiva, PAISD & SETX Civilian Taskforce distribute $35K in holiday outreach. The coordinates that you can use in navigation applications to get to find Motiva quickly are 38.8472825 ,-77.2731559. Royal Dutch Shell (RDSa.L) and Saudi Aramco announced plans on Wednesday to break up Motiva Enterprises LLC in a deal that ends a partnership of ⦠jun 02, 2021; sections . The Gulf Coast facility had previously been co-owned by Royal Dutch Shellâs Motiva Enterprises. The company currently manages 529 ⦠When Hurricane Harvey hit, Motiva Enterprises had to close for almost two weeks. Saudi Refining will assume full ownership of Motiva, including the refinery at Port Arthur, Texas, and 24 distribution terminals. Motiva Enterprises LLC's (Motiva) Baa1 senior unsecured rating reflects the company's ownership of a large but geographically concentrated refinery at Port Arthur, Texas on the US Gulf Coast. CONVENT REFINERY (MOTIVA ENTERPRISES), CONVENT, LA ... (CPG) owns and operates more than 15,000 miles of interstate pipeline that stretches from New York to the Gulf of Mexico and is integrated with one of the largest underground natural gas storage systems in North America. âSaudi Aramco ⦠With three refineries in the U.S. Gulf Coast region, Motiva has a combined capacity of over 1.1 million barrels per day. Fuel maker Marathon Petroleum Corp. said it has agreed to sell its gas stations to the owners of the 7-Eleven convenience store chain for $21 billion in the largest U.S. energy deal of the year. Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the United States. Facebook; Twitter; LinkedIn; HOUSTON --Phillips 66 and Motiva Enterprises LLC have signed an exclusive long-term brand license agreement for the 76 brand covering the 26 eastern and Gulf Coast states of Motivaâs operating territory.The mutually beneficial agreement will offer more options for branded products to wholesalers in the region.. Jan 26th, 2004. One of the few visible signs of whoâs behind the Motiva refinery. In 2002, after Texaco was purchased by Chevron, its stake in what became known as Motiva Enterprises was bought by Shell and Saudi Refining, a subsidiary of Saudi Aramco. DNREC issued a Corrective Action Permit to Motiva, (No. Formed in 1998, Motiva Enterprises LLC operates primarily in the eastern and southern United States. Motiva owns and operates North Americaâs largest refinery in Port Arthur, Texas with a crude capacity of more than 600,000 barrels a day. Motiva Enterprises said it was shutting down its Port Arthur, Texas, manufacturing complex, which includes its refinery. 40 C.P.R. Motiva's Port Arthur refinery produces more than 630,000 barrels of ⦠The organization owns a one-acre waterfront site donated by Motiva in 2004 and hosts occasional events on the property. DNREC issued a Corrective Action Permit to Motiva, (No. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. At its gas stations Shell provides diesel fuel, gasoline and LPG. We sincerely apologize for any inconvenience, and have listed the winners below: Through the Shell and 76 brands, Motiva also sells petroleum products in more than 5,000 retail gasoline stations. Its crown jewel is its Port Arthur refinery in Texas, the largest refinery and lubricant plant in North America. External Website. Opens New Window External Website. Opens New Window About Motiva. The Company offers diesel and jet fuel, kerosene, gasoline, petrochemical feedstocks, and bulk oil products. Hydrocarbons Technology is using cookies. (AP) â Refineries operator Motiva Enterprises LLC was fined $10 million Thursday after the company pleaded guilty to criminal charges relating to a fatal tank collapse and explosion at a refinery in 2001. Protection Agency and Deer Park Refining Limited Partnership, Motiva Enterprises LLC, and Equilon Enterprises LLC d/b/a Shell Oil Products US (collectively referred to as Respondents), regarding Respondents' compliance with Section 211 of the Clean Air Act (CAA) and the regulations promulgated thereunder at 40 C.F.R. Motiva Enterprises LLC was formed as a joint venture between Texaco Refining and Marketing (East) Inc., or its affiliates, Saudi Refining, Inc., or its affiliates, and SOPC Holdings East LLC, or its affiliates (note that Texaco no longer has an ownership percentage). About Motiva. Shell has 35 percent ownership and Texaco and Saudi Refining, Inc., a corporate affiliate of Saudi Aramco, each have 32.5 percent ownership of the company. About Motiva Enterprises LLC . Environmental Protection Agency, Region 6 ("EPA") ("Complainant"), and Motiva Enterprises, LLC located in Norco, Louisiana ("Respondent" or "Motiva"), in the above referenced action, have agreed to simultaneously commence and resolve this matter, through ⦠Gasoline futures rose 3.5% to $1.75 a gallon on the New York Mercantile Exchange on Monday as traders watched developments in Texas: Saudi Aramcoâs Motiva Enterprises LLC is halting operations at its Port Arthur, Texas, refinery, the nationâs largest, according to an email from the company. The final negotiated transaction includes the following: ⢠SRI will assume full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas and 24 distribution terminals. Aramco and Royal Dutch Shell are ending their Motiva Enterprises joint venture, which owns the ⦠Motiva Enterprises LLC - Strategy, SWOT and Corporate Finance Report report is published on February 18, 2019 and has 39 pages in it. Premcor Inc., Old Greenwich, Conn., agreed to buy Motiva Enterprises LLC's Delaware City refining complexâDelaware's only refineryâfor $800 million, plus ⦠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. ... Motiva owns and operates North Americaâs largest refinery in Port Arthur, Texas with a crude capacity of more than 600,000 barrels a ⦠And Singaporeâs APL Limited operates several U.S. port operations. The large coking unit at Motiva Enterprises' 603,000 barrel per day (bpd) Port Arthur, Texas, refinery was back in production on Monday after being shut for about two hours on Sunday night, said sources familiar with plant operations. Motiva Enterprises LLC refines and markets branded products through approximately 7,700 Shell-branded stations in the Eastern and southern U.S. ... Motiva Enterprises LLC ⦠Motiva owns and operates North Americaâs largest refinery in Port Arthur, Texas with a crude capacity of more than 600,000 barrels a day. Motiva Enterprises LLC distributes, refines, and retails commercial fuels. The majority of the refineries in the state of Texas are clustered near major sea ports along the Gulf Coast, predominately in the Houston area. The alliance will be a joint ownership with 35% Shell Oil, 32.5% Texaco and 32.5% Saudi Aramco. United States Oil Refineries by State 35 of the U.S. states have oil refineries located in them although the only oil refinery located in Virginia is shut down. Motiva was formed as a Delaware limited liability company on July 1, 1998 to combine the major elements of the Gulf and East Coast refining and marketing operations of Shell Oil Company and Star Enterprises (an earlier joint venture between affiliates of Texaco Inc. and Saudi Aramco). Its operations include nearly 7,700 Shell-branded gasoline stations, three refineries with a combined capacity of 740,000 barrels per day, and ownership interest in 41 refined product storage terminals with an aggregate storage capacity of The facility is located at the Motiva refinery and supplies the Motiva Enterprises LLC refinery in Convent and the Marathon Ashland Petroleum LLC (MAP) ... Siebel said it has bought up the assets of Motiva Inc, a provider of Enterprise Incentive Management software. Compare pay for popular roles and read about the teamâs work-life balance. Together they have raised over 7.5B between their estimated 16.6K employees. Motiva Enterprises LLC owns and operates refineries capable of refining approximately 780,000 barrels per day, a distribution system including ownership interests in 42 product terminals, and a marketing network that supports more than 9,000 branded gasoline stations in the Eastern and Southern United States. The Asian giant has the second biggest oil refining capacity in the world at 14,513 thousand barrels per day in 2017. Shell took sole ownership of the refinery on May 1, 2017, when Motiva Enterprises MOTIV.UL became a wholly-owned subsidiary of Saudi Aramco 2222.SE. We use them to give you the best experience. Image: The Port Arthur Refinery is operated by Motiva Enterprises. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. Motiva Enterprises, LLC, is a fully owned affiliate of Saudi Refining Inc. and headquartered in Houston, Texas, United States with revenue of 24 billion The Motiva refinery is an oil refinery located in Port Arthur, Texas. Saudi Aramco (through its wholly owned Saudi Refining, Inc. subsidiary) assumes full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas and 24 distribution terminals. Motiva is wholly owned by Saudi Aramco. This refinery happens to be 110 miles east of Houston in Port Arthur. Motiva owns and operates a portion of ⦠The Saudi government owns Houstonâs Saudi Refining Company and half of Motiva Enterprises. Part 80. Judge Fines Motiva $10M in Tank Explosion. On the street of Colonial Avenue To communicate or ask something with the place, the Phone number is (713) 277-8000. Motiva has been investing heavily in the Port Arthur area since becoming the sole owner of the 607,000 bpd Port Arthur refinery, after the 2017 break-up of a partnership with Royal Dutch Shell Plc that created Motiva. Motiva Enterprises, LLC's revenue is the ranked 2nd among it's top 10 competitors. structure to divide and transfer Motiva Enterprises LLCâs assets, liabilities and businesses between the companies. Hines Interests Limited Partnership is a privately held company that invest in and develops real estate. Find out what works well at Motiva Enterprises LLC from the people who know best. An affiliate of Flint Hills Resources, Motiva Enterprises LLC has entered into an agreement which will see Motiva procure a 100 percent ownership interest in Flint Hills Resources Port Arthur LLC. The country accounted for 14.8% of the worldâs refinery capacity per day. Motiva Assets: Refineries $7B Port Arthur Expansion ~5 billion gallons annually. Motiva Enterprises LLC, a joint venture between Shell Oil Company and Saudi Refining, Inc., operates primarily in the eastern and southern United States. But the two ⦠Motiva is located in Virginia state. Last year, Shell bought the former Texaco Inc.'s share of Equilon, while Shell and Saudi Refining Inc. bought Texaco's share of Motiva Enterprises (OGJ Online, Oct. 9, 2001). It also establishes requirements that apply to an owner The rating outlook is stable. (Maximum height & width set as shown) Use this area for cover image (Maximum height 6.5cm & width 8cm) EXPERIENCES WITH ⦠NEW ORLEANS, Feb. 27 -- A notification program began today, as ordered by the United States District Court for the Eastern District of Louisiana, to alert people who used or bought Motiva ⦠Latest: Lifetime gifting of property in Re the Premcor Refining Group, Inc. and Motiva Enterprises LLC, 09-07-00269-CV (Tex. About Motiva. It covers USA market data and forecasts. Motiva Enterprises, LLC's revenue is the ranked 2nd among it's top 10 competitors. News Break provides latest and breaking news about #Motiva Property. Shell's Louisiana subsidiary, Equilon Enterprises LLC, has $1.18 billion in total taxable value in St. James Parish and paid $18.8 million for the refinery in 2019, tax records show. Motiva owns and operates North Americaâs largest refinery in Port Arthur, Texas with a crude capacity of more than 630,000 barrels a day. Motiva Enterprises, LLC's top 3 competitors are Valero, Husky Energy and Encana. Saudi Aramco, through its Saudi Refining Inc. subsidiary, assumes ownership of the Motiva Enterprises LLC name, the refinery at Port Arthur, Texas, and 24 distribution terminals. Motiva Enterprises has started layoffs for 10% of its workforce in Houston, Port Arthur and its various terminals in an effort to stave off impacts from ⦠Motiva Enterprises, LLC refines, distributes and markets petroleum products throughout the United States. Shell took sole ownership of the refinery on May 1, 2017, when Motiva Enterprises became a wholly-owned subsidiary of Saudi Aramco. 2d 493 â Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. Photo courtesy of Motiva Enterprises LLC. Shell took sole ownership of the refinery on May 1, 2017, when Motiva Enterprises became a wholly-owned subsidiary of Saudi Aramco. Houston-based Frontier Oil Corp. has purchased the refinery from Equilon Enterprises LLC ⦠One of the economic bedrocks of nearby El Dorado, its massive oil refinery, has been sold. Part 68 provides general requirements applicable to owners or operators of a stationary source subject to Part 68. Shell and the Shell Pecten are trademarks of Royal Dutch Shell Group. Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the United States. By THE ASSOCIATED PRESS: Posted 18 March 2005. This new joint venture was called Motiva Enterprises LLC. Shell Oil Company was a 50/50 partner with the Saudi Arabian government-owned oil company Saudi Aramco in Motiva Enterprises, a refining and marketing joint venture which owns and operates three oil refineries on the Gulf Coast of the United States. Environmental Protection Agency, Region 6 ("EPA") ("Complainant"), and Motiva Enterprises, LLC located in Norco, Louisiana ("Respondent" or "Motiva"), in the above referenced action, have agreed to simultaneously commence and resolve this matter, through ⦠Aramco previously owned 50% of Port Arthur through a joint venture co-owned with Royal Dutch Shell (RDSA) called Motiva Enterprises. The two companies joined together to create Motiva Enterprises LLC in 1998, a 50-50 joint venture that operated three refineries on the U.S. Gulf Coast. On May 1, 2004, ownership of the Motiva Refinery passed to Premcor, Inc., and on September 1, 2005, Valero Energy Corp. Motiva believe's in partnerships and team building with their contractors, they take ownership of their mistakes and share them so they can improve and others can learn from them as well. Motiva, which previously had been a joint venture between Saudi Aramco and Royal Dutch Shell PLC (NYSE: RDS.A, RDS.B), also owns and operates North America's largest refinery in ⦠Motiva owns and operates North Americaâs largest refinery in Port Arthur, Texas with a crude capacity of more than 600,000 barrels a day. News Break provides latest and breaking news about #Motiva Property. The refinery has changed owners regularly since going on-line in 1956. The Houston subsidiary of Saudi Arabia's national oil company, Saudi Aramco, Motiva Enterprises refines and distributes fuels, base oils and specialty products to wholesalers in the transport, mining, manufacturing, power generation and home energy industries. The ⦠Motiva owns and operates North Americaâs largest refinery in Port Arthur with a crude capacity of more than 600,000 barrels a day. Siebel Buys Two Firms, Reports Q3. Motiva Assets: Petroleum Marketing Inquiries: Shell Oil Products US/ Motiva Media Line, +1 (713) 241-4544 . The company also operates the countryâs largest lubricant plant. On May 10, 2001, Respondent Motiva filed a Motion to Dismiss Texaco Inc., Shell Oil Company, and Saudi Refining, Inc. as Improper Parties (âMotion to Dismissâ). As per the report, the company, known as Motiva Enterprises LLC, relinquished its 50 percent ownership of the Port Arthur refinery. Saudi Aramco (through its wholly owned Saudi Refining, Inc. subsidiary) assumes full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas and 24 distribution terminals. Publisher's Note The 'Best Employers' category was mistakenly omitted from the 2020 Best of the Best magazine. It reported $15,000 in income to the IRS in 2012. Part 68 provides general requirements applicable to owners or operators of a stationary source subject to Part 68. Charlie helped us navigate seamlessly through multi-faceted negotiations, always with a keen eye as to how best to achieve our strategic objectives. The company has developed, redeveloped or acquired 1,262 properties, comprising over 414 million square feet. DOVER, Del. The company operates in four segments: Exploration and Production, Refining and Chemicals, Marketing and Natural Gas and pipeline. About Motiva Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the United States. Reuters; July 08, 2020, 13:27 IST âI worked closely with Charlie during a complex restructuring of Motiva Enterprises LLC from a joint venture to a wholly-owned entity. âSaudi Aramco (through its wholly owned Saudi Refining, Inc. subsidiary) assumes full ownership of the Motiva Enterprises LLC name and legal entity, including the ⦠The other firm, Motiva Enterprises, is partly owned by a subsidiary of the national oil company of Saudi Arabia. Motiva Enterprises LLC owns and operates the Port Arthur Refinery in Port Arthur, TX which is the largest refinery in North America with a capacity exceeding 600,000 barrels of crude per day. Opinion for Motiva Enterprises v. Ray Thomas Petroleum Co., 642 F. Supp. SRI will assume full ownership of the Motiva Enterprises LLC name and legal entity, including the refinery at Port Arthur, Texas and 24 distribution terminals. It is the largest oil refinery in North America. NEW ORLEANS, Feb. 27 -- A notification program began today, as ordered by the United States District Court for the Eastern District of Louisiana, to alert people who used or bought Motiva â¦
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