Shell to begin $7-billion refinery expansion in Texas |
| The Globe and Mail - Sep 21, 2007 |
Royal Dutch Shell will go ahead with a 325,000 barrel-per-day capacity expansion of its Motiva refinery in Port Arthur, Texas, that will make the plant one of the biggest in the world.
The Anglo-Dutch group said on Friday the project, the first big U.S. refinery expansion in decades, would cost $7-billion.
The 285,000 bpd Port Arthur refinery is owned by Motiva Enterprises LLC, Shell's U.S. unit Shell Oil Co.'s equal joint venture with Saudi Refining Co.
Shell, the world's second-largest non-government controlled oil group by market value, said the expansion would increase the refinery's crude oil capacity to 600,000 bpd, making it the largest refinery in the U.S.
Read Full Article from The Globe and Mail
- Posted: 2007-09-21 10:15:56
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