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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 among the largest oil companies in the world. Approximately 18,000 Shell employees are based in the U.S.
Motiva Enterprises, LLC is an American company that operates as a wholly owned US subsidiary of Saudi Aramco. Headquartered in Houston , Texas , it had revenue of $37 Billion. [ 5 ] Motiva operates as a distributor of Shell and 76 branded gasolines within its operating territory.
This new joint venture was called Motiva Enterprises LLC. Until 2017, the Motiva Port Arthur Refinery was a joint venture with a 50% ownership between Shell Oil Products US and Saudi Refining Inc. Shell Oil Products is part of Royal Dutch Shell. Saudi Refining is part of Saudi Aramco. Approximately 1,200 people are employed at the site.
Shell is the operator and major shareholder of The Shell Canada Quest Energy project, based within the Athabasca Oil Sands Project, located near Fort McMurray, Alberta. [199] It holds a 60% share, alongside Chevron Canada Limited, which holds 20%, and Marathon Canadian Oil Sands Holding Limited, which holds the final 20%. [200]
The sale could be for part or all of Shell's position in the U.S. Permian Basin, located mostly in Texas, which accounted for around 6% of the Anglo-Dutch company's total oil and gas output last year.
Location of Texas. Texas is a state in the South Central region of the United States. The region's second-quarter 2018 gross state product was 8.6% of the GDP of the country at $1.755 trillion, with significant growth in mining, quarrying, and oil and gas extraction. [1]
In contrast to Fortune’s landmark list of the 500 biggest U.S. companies, occupied by a dynamic mix of retail, tech, pharmaceuticals, and energy, Europe continues to be dominated by industry.
Shell also bumped up dividends to shareholders by 20% year over year in the final months of 2023, propelled by strong liquefied natural gas (LNG) demand that kept homes across Europe warm through ...