Shell will continue to own and operate the co-located Deer Park Chemicals plant just as Shell does today. Found inside Page 66Other candidates for sale include parts of Kolbenschmidt , a loss - making car - components firm , and Sachtleben Chemie In 1992 it bought a 50 % stake in Royal Dutch Shell's Deer Park refinery in Texas , which now processes Pemex's The decision comes after Shell Oil Co, a subsidiary of Royal Dutch Shell Plc, agreed to sell its controlling interest in Deer Park Refining to partner Mexican state oil company Petroleos Mexicanos, or Pemex. Royal Dutch Shell plc subsidiary Shell Oil Company has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and PMI Norteamerica SA De CV, a subsidiary of Petroleos Mexicanos or Pemex. The transaction covers the sale of Shell Oil Companys 50.005% interest in Deer Park Refining Limited Partnership. Found inside Page 4-5Motiva consists of the companies ' eastern and Gulf Coast U.S. operations , with the exception of Shell's Deer Park , TX , refinery , which is operated as a joint venture between Shell Oil and the state oil company of Mexico , Petroleos Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Found inside Page 35Hence , the sale had no effect on overall FRS company domestic refining capacity . In April 1993 , Shell sold a half interest in its Deer Park , Texas , refinery to Pemex , Mexico's state oil company ; one month later , Amoco sold Shell Chemical L.P. will continue to operate its 100% owned Deer Park Chemicals facility located adjacent to the site. Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Worker (Former Employee) - Deer Park, TX - July 9, 2020. UPDATE 2-Shell to sell interest in Deer Park refinery to partner Pemex. Our editors and experts share insights and analyses about energy and commodity markets worldwide. Found inside Page 6181COASTAL REFINERIES - BY STATE , REFINERY AND CAPACITY - Continued [ Capacity in barrels per day ] State and refinery Crude oil Shell Oil Co Deer Park ( Houston ) .Signal Oil & Gas Co. Houston .. Sinclair Refining Co. do . "The review for downgrade of the Baa3 ratings further reflects Moody's expectation that following the sale, Deer Park ratings will be driven predominantly by its standalone credit dynamics and the much-weaker credit profile of Pemex," the agency said in a statement. The pay was nice and the benefits were decent. May 30, 2021. Found inside Page 16Pemex also replaced some of its domestic shortfall by gaining a 50 - percent share in Shell Oil's Deer Park , Texas , refinery.55 and the fourth - largest refiner . Heavy oil investment carries tax concessions , as do enhanced - oil Shell to Sell its Stake in 340,000 bpd Deer Park Refinery to Partner Pemex. The transaction is expected to close in Q4 2021. Shell Oil Company's Deer Park refinery. Found insideMy High School and College Experiences Outside of Shell refinery, the next major industry and the The tax base from the refinery enabled Deer Park to build and staff one of the best school systems in the state of Texas and I Found inside Page 125Operating Petroleum Refineries ( January 1 , 1976 ) Gulf of Mexico Region Bureau of Mines Refining Districts Christi Saber Petroleum Corpus Christi Shell Deer Park South Hampton Silsbee Southwestern Refining Corpus Christi Sun HOUSTON, TX, USA, June 29, 2021 /EINPresswire.com/ On March 24, Mexicos president, Andrs Manuel Lpez Obrador (AMLO) announced that Pemex had bought out Shell Oil Companys 50% ownership in the refinery in Deer Park, Texas. The transaction will transfer Shells interest in the partnership, and therefore full ownership of the refinery, to Pemex, subject to regulatory approvals. 2021 Argus Media group. Exxon, Gulf, Texaco, Mobil, Socal, British Petroleum, and Royal Dutch Shell: five huge American companies, one British company, and one Anglo-Dutch concern have dominated the world of oil - as oil has dominated all of us - for most of the 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 Petrleos Mexicanos (Pemex), and the Norco refinery in Louisiana, whose operations are integrated to some degree with the Convent facility. Royal Dutch Shells RDS.A subsidiary Shell Oil Company recently inked a deal to divest its 50% stake in Deer Park Refining Limited Partnership to Mexicos state oil monopoly Pemex.. On May 24, 2021, it was reported that Petrleos Mexicanos (Pemex), a Mexican state-owned enterprise, announced its intention to purchase Shell Oils refinery operations in Deer Park, Texas. The United States will continue to be a key global manufacturing center for Shell. Crude oil from Mexico, Canada, the United States, Africa and South America is processed at the refinery. The Deer Park Refinery has a crude oil capacity of 340,000 barrels per day. My coworkers were by and large competent, what you would hope for at a refinery. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos, or Pemex). Pemex, a Mexican state-owned company, announced its intention to purchase the operations of the Shell Oil en Deer Park, Texas. Found inside Page 5The refineries are the only significant units remaining in YPFB's hands following the 1996 sale of the company's two its only other refining operation in the United States , a joint venture at Shell's Deer Park refinery , is shipped Found inside Page 38Phillips is handling construc- Shell Sells West Texas tion of the joint line and will be the opBoost West Texas Take Texas , and operate 17 miles of 6 - inch natural to Shell's Deer Park refinery near Housgas pipe line to loop the HOUSTON (Reuters) - Royal Dutch Shell Plc shut the crude distillation units (CDUs) at its 318,000-barrel-per-day (bpd) Deer Park, Texas, refinery on Jan 08, 2020. Found inside Page 4-5Motiva consists of the companies ' eastern and Gulf Coast U.S. operations , with the exception of Shell's Deer Park , TX , refinery , which is operated as a joint venture between Shell Oil and the state oil company of Mexico , Petroleos Found inside Page 145Texas City 64,000 Mobil Oil Beaumont 335,000 Monsanto Chemical Alvin 8,500 Phillips Petroleum Sweeney 85,000 Quintana - Howell Corpus Christi 30,000 Shell oil Co. Deer Park 294,000 DEIS SALE 44 Chemical production is Texas ' top - 146 Royal Dutch Shell plc subsidiary Shell Oil Company has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50. Found inside Page 209Operating Petroleum Refineries ( January 1 , 1974 ) Gulf of Mexico Region Bureau of Mines Refining Districts Texas City Beaumont Alvin Sweeny Corpus Christi Deer Park Silsbee Corpus Christi Corpus Christi Port Arthur Port Neches (Reporting by Stefanie Eschenbacher, Editing by Sherry Jacob-Phillips). Found inside Page 73The next sale of designed for processing 1,000 bbl . per federal oil and gas leases on the outer Alida Wells Planned Deer Park is expected to file for initial production of 151 bbl . a day of Oklahoma must regain its share of the a Deer Park Refinery is an oil refinery located in Deer Park, Texas on the Houston Ship Channel in the HoustonSugar LandBaytown metropolitan area. Found inside Page 704 Point of Sale Flat Price May 12 , 1964 Here Terminal , $ 2.95 per barrel Marrero , La . March 1 1966 Shell's Norco , La . , $ 2.97 per barrel refinery Nov , 1966 o y Shell's Deer Park , $ 3.025 per barrel Texas , refinery Dec. Found inside Page 73With outright sale of refineries a bust , refiners holding underperforming PEMEX secured its market for heavy assets are The Shell Deer Park Refining Co. , Interestingly , negotiations were said to The Salomon study says , which Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. The article you are searching for was not found. Found inside Page 122Refinery Sales , January 1993 through February 1994 Former Owner Total Atmospheric Crude Oil Distillation Capacity ( bb Deer Park , TX 215,900 04/93 Shell Oil Co / PMI Holdings North America Deer Park Refg Ltd Partnership bbVcd Overall working at Shell was good. Found inside Page 66Operable Petroleum Refineries ( January 1 , 1977 ) Gulf of Mexico Region Bureau of Mines Refining Districts Crude Texas City Hearne Beaumont Alvin Sweeney Corpus Christi Corpus Christi Deer Park Silsbee Corpus Christi Corpus Christi "The Baa3 rating still benefits from a multi-notch rating uplift, which is primarily linked to Shell and also factors in several credit-enhancing arrangements, including shareholder loans and liquidity support arrangements, committed by both Shell and Pemex." Shell To Sell Interest In Deer Park Refinery To Partner Pemex. Found inside Page 121Petroleum Refineries - Gulf of Mexico Region Crude Capacity ( BPD ) Operator Location Texas Gulf Coast American Texas City Hearne Beaumont Alvin Sweeny Corpus Christi Corpus Christi Deer Park Silsbee Corpus Christi Corpus Christi Improved measurement of water content in natural gas. Found inside Page 110CORPUS CHRISTI , TX 10,000,000 -49,999,999 VALERO REFINING CO . SHELL OIL CO . DEER PARK MEG . in repackaging As a formulation component , in repackaging Produce , import , for sale / distribution Produce , as an impurity Produce The consideration for this transaction is USD 596 million which is a combination of cash and debt, plus the value of hydrocarbon inventory. Read the latest blog posts for your market and region. Shell will maintain DoD fuel consumption varies from year to year in response to changes in mission and the tempo of operations. Found inside Page 12To the surprise of many analysts , Exxon sold its New Jersey unit for Mexican state Pemex picked up a 50 % share in Shell's sophisticated Deer Park , Texas , refinery , while state Petroleos de Venezuela added further to its asphalt Our website uses cookies to ensure that we give you the best experience on our website. MEXICO CITY Mexico said Monday it will buy Shells 50% share in the jointly owned Deer Park refinery THE HAGUE, Netherlands , May 24, 2021 /PRNewswire/ -- Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I.