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Headquartered in Houston, Texas, Motiva Enterprises is a leading refiner, distributor and marketer of fuels in the Eastern, Southern, and Gulf Coast regions of the United States. As a joint venture, Motiva is owned equally by subsidiaries of Saudi Aramco and Shell Oil Company.
Motiva owns and operates three refineries – located within a 120 mile radius of each other - in Convent and Norco, Louisiana, and Port Arthur, Texas. The combined refining capacity of the three sites is approximately 1.1 million barrels per day. In addition to strong manufacturing assets, Motiva’s 34 operating refined product storage terminals are strategically located throughout the company’s geographic area and have an aggregate storage capacity of approximately 16.5 million barrels.
Motiva markets gasoline, diesel and other petroleum products in 26 states and the District of Columbia through a network of more than 8,200 Shell-branded service stations as well as unbranded wholesalers.
News and Media Releases
The Hague, Netherlands, March 6, 2017 /PRNewswire/ -- Royal Dutch Shell plc ("Shell") today announces the signing of binding definitive agreements between SOPC Holdings East LLC (a U.S. downstream subsidiary of Shell) and Saudi Refining Inc. ("SRI") (a wholly owned subsidiary of Saudi Arabian Oil Company ("Saudi Aramco")) on the separation of assets, liabilities and businesses of Motiva Enterprises LLC ("Motiva"), a 50/50 refining and marketing joint venture.
Dhahran, March 6, 2017 -- Saudi Arabian Oil Company ("Saudi Aramco") finalized with Royal Dutch Shell plc (“Shell”) the execution of definitive agreements to separate and transfer the assets, liabilities and businesses of the Motiva Enterprises LLC (“Motiva”) joint venture.
Affiliates of Saudi Aramco and Shell achieve significant milestone toward separation of Motiva assets
Houston, March 6, 2017 /PRNewswire/ -- Saudi Arabian Oil Company ("Saudi Aramco") and Royal Dutch Shell plc ("Shell") announce today the signing of binding definitive agreements between Saudi Refining, Inc. ("SRI") (a wholly owned subsidiary of Saudi Aramco) and SOPC Holdings East LLC (a U.S. downstream subsidiary of Shell) on the separation of assets, liabilities and businesses of Motiva Enterprises LLC ("Motiva").
Motiva forms new 76 Brand sales and marketing team to establish the company's go-to-market commercial strategy in Motiva’s 26-state operating geography.
Employee Contributions Will Be Matched and Volunteer Efforts Launched.