Martinez Refinery
Equilon enterprises llc d b a shell oil products us shell a subsidiary of royal dutch shell plc announced today that it has formally closed on the sale of shell s martinez refinery in california to pbf holding company llc pbf a subsidiary of pbf energy inc in exchange for 1 2 billion which includes the refinery and inventory.
Martinez refinery. Martinez ca april 27. California just experienced a catastrophic loss from the coivd 19 impact on the economy as one of its major refineries marathon martinez has just announced it will be idled indefinitely. The martinez refinery which opened in 1913 employs about 740 people full time and has a capacity of 161 000 barrels per day. Our martinez refinery is in martinez california and has a crude oil capacity of 161 000 barrels per calendar day bpcd.
It produces a high percentage of on spec clean product including premium gasoline diesel and jet fuel. A fourth refinery built by the shell oil company on land adjacent to the martinez city limits went online in january 1916. The 157 000 barrel per day dual coking martinez refinery is located on an 860 acre site in the city of martinez 30 miles northeast of san francisco california. The refinery is a high conversion.
Marathon petroleum to close its martinez refinery and convert it to an oil storage facility 800 job cuts planned with shutdown plan that also includes a texas refinery. Martinez has a refining capacity of 157 000 barrels per day and a nelson complexity index of 16 1. The golden eagle refinery currently owned by andeavor and the shell oil refining facility are still operational today maintaining the position of martinez as a significant petroleum processing center. With airlines and cruise ships virtually shut down and vehicle transportation at an all time low the demand for fuels and petroleum derivative products.
View of the martinez refinery in martinez calif on monday april 27 2020. The marathon petroleum company plans to temporarily stop producing at its refinery because of. View of the martinez refinery in martinez calif on monday april 27 2020. The marathon petroleum company plans to temporarily stop producing at its refinery because.
It was most recently used to produce gasoline diesel fuel. Using crude oils from california and other domestic and foreign sources the refinery produces cleaner burning california air resources board carb gasoline and carb diesel fuel as well as conventional gasoline distillates petroleum coke propane heavy fuel.