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Shell Oil Products US

Company Summary

Description

Shell Oil Products Company LLC refines, markets, and distributes crude oil and petroleum products. The company was incorporated in 1995 and is based in Houston, Texas. Shell Oil Products Company LLC operates as a subsidiary of Shell Oil Company.

Website

http://www.bloomberg.com/research/stocks/private/s...

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Company Transactions

Date: 6/26/2020
Type: Acquisition

DETAILS:

VOLUMES: 300000 Bbls

NOTES:
The Terminal is primarily comprised of 300,000 barrels of crude oil tankage for storage or blending services, three docks for barge unloading and loading, and a truck receiving station. The Gibson Terminal handles sweet and sour barrels via the Ship Shoal Pipeline System, the Atchafalaya Pipeline, and the Magellan Pipeline. Offtake from the Terminal is substantially directed by pipeline to the St. James Terminal located between New Orleans and Baton Rouge.
REGIONS:
  • Gulf Coast
  • Date: 12/30/2019
    Type: Acquisition

    BUYERS:
  • PBF Energy Inc.
  • DETAILS:

    COST: 950 $MM

    VOLUMES: 157 M Bbls/d

    NOTES:
    PBF Energy signed a definitive agreement to purchase the 157 Mbbls/d Martinez refinery, and related logistics assets, from Shell Oil Products for between $900 million and $1 billion.