Motiva Enterprises
Template:Short description Script error: No such module "For". Script error: No such module "Unsubst". Template:Use American English Script error: No such module "Infobox".Script error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Motiva Enterprises, LLC is an American company that operates as a wholly owned US subsidiary of Saudi Aramco. Headquartered in Houston, Texas, Motiva operates as a distributor of Shell and 76 branded gasolines within its operating territory.[1]
The company began as a 50–50 joint venture between Shell Oil Company (the wholly owned US subsidiary of Royal Dutch Shell) and Saudi Aramco (which had previously partnered with Texaco) in 1997.[2]
History
In 1988, Texaco and Saudi Refining agreed to form a joint venture known as "Star Enterprises" 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.[3][4]
In 1997, Shell embarked on two joint ventures with Texaco in which the companies merged their marketing and refining operations.[4] The operations in the western and midwestern United States were merged into a company called "Equilon". The Star Enterprises operation and Shell's eastern and southeastern operations were merged into a company called "Motiva".[5] 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.[6]
In 2016, Motiva obtained an exclusive license for the 76 gasoline brand on the east coast, previously a West Coast-only brand.[7] 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.[2][8]
Operations
Motiva Enterprises owns and operates the Port Arthur Refinery in Port Arthur, Texas.[9] On 25 May 2012, Motiva officially completed its expansion of the refinery to a capacity of Script error: No such module "convert". making it the largest refinery in North America. By 2018, it is ranked as the sixth-largest refinery in the world.[10]
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.[11] Marketing outlets include 5200 Shell and 76-branded service stations. Motiva fully divested all 25 finished products terminals in 2023. [12]
References
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- ↑ a b Motiva Enterprises' co-owners to split U.S. refineries on May 1: sources on Reuters, 6 March 2017
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- ↑ a b How Saudi Arabia successfully defended its U.S. oil market share by John Kemp on Reuters, 29 January 2016
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- ↑ Shell completes sale of Motiva assets to Saudi Aramco on Hydrocarbon Processing, 5 January 2017
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External links
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- Motiva Announces Progress on Refinery Expansion Project on Shell US (archived, 25 Jun 2006)