Motiva Enterprises
   HOME

TheInfoList



OR:

Motiva Enterprises, LLC, is an American company that operates as a fully-owned affiliate of Saudi Aramco. Headquartered in
Houston Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 i ...
,
Texas Texas (, ; Spanish: ''Texas'', ''Tejas'') is a state in the South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2020, it is the second-largest U.S. state by ...
, it had a revenue of $500 Million . Motiva operates as a distributor of
Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard o ...
and 76 branded
gasoline Gasoline (; ) or petrol (; ) (see ) is a transparent, petroleum-derived flammable liquid that is used primarily as a fuel in most spark-ignited internal combustion engines (also known as petrol engines). It consists mostly of organi ...
s within its operating territory. The company began as a 50–50
joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...
between
Shell Oil Company Shell USA, Inc. (formerly Shell Oil Company, Inc.) is the United States-based wholly owned subsidiary of Shell plc, a UK-based transnational corporation " oil major" which is amongst the largest oil companies in the world. Approximately 18,0 ...
(the wholly owned American subsidiary of
Royal Dutch Shell Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New Yo ...
) and Saudi Aramco (which had previously partened with
Texaco Texaco, Inc. ("The Texas Company") is an American oil brand owned and operated by Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an independent company unt ...
) in 1997.


History

In 1988,
Texaco Texaco, Inc. ("The Texas Company") is an American oil brand owned and operated by Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an independent company unt ...
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. In 1997, Shell embarked on two joint ventures with Texaco in which the companies merged their marketing and refining operations.How Saudi Arabia successfully defended its U.S. oil market share
by John Kemp on Reuters, 29 January 2016
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". After Texaco merged with
Chevron Chevron (often relating to V-shaped patterns) may refer to: Science and technology * Chevron (aerospace), sawtooth patterns on some jet engines * Chevron (anatomy), a bone * '' Eulithis testata'', a moth * Chevron (geology), a fold in rock ...
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. In 2016, Motiva obtained an exclusive license for the 76 gasoline brand on the east coast, previously a West Coast-only brand. 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.Motiva Enterprises' co-owners to split U.S. refineries on May 1: sources
on Rueters, 6 March 2017
Shell completes sale of Motiva assets to Saudi Aramco
on Hydrocarbon Processing, 5 January 2017


Operations

Motiva Enterprises owns and operates the Port Arthur Refinery in Port Arthur, Texas. On 25 May 2012, Motiva officially completed its expansion of the refinery to a capacity of 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.


References


External links

*
Motiva Announces Progress on Refinery Expansion Project
on Shell US (archived, 25 Jun 2006) {{Royal Dutch Shell Multinational joint-venture companies Oil companies of the United States Companies based in Houston Texaco Former Shell plc subsidiaries