logo
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

 


Newest And Largest US Refinery To Operate Under Capacity

By  +Follow August 16, 2013 8:53AM
Share:

Piping difficulties have forced the newest and largest US crude oil distillation unit (CDU) at Motiva’s Port Arthur refinery to run 75,000 barrels-per-day below capacity, a rate that is expected to continue through the fall season of 2014.

Motiva’s VPS-5 CDU has a capacity of 325,000 barrels-per-day, but has been running as much as 75,000 barrels shy of that after a chemical leak was discovered in June of last year, forcing a shutdown that lasted through to the beginning of 2013. Motiva’s partners in the VPS-5, Saudi Aramco and Royal Dutch Shell ($RDS.A), had to stop the CDU for nearly 8 months in order to repair miles of steel piping.

Sources close to the inner workings of the Motiva refinery have said that the CDU has been hampered by excess vibrations that occur when it runs near full capacity for over five months at a time.  The company’s Port Arthur refinery accounts for some 3.4 percent of refining capacity in the US, but a permanent fix to the problem could require another shut-down in a year’s time.

2014 may turn out to be a tricky balancing act for Motiva, as the company has issues to contend with at a number of its refineries. The VPS-4 CDU, also located in Port Arthur and with a 185,000 bpd capacity, will have to go offline for at least a month for repairs sometime around next March. The date for the work on VPS-4 was pushed back to March from February so that both units will not be down at the same time.

On top of that, Motiva’s Convent, Louisiana refinery, with 235,000 bpd capacity, also has an overhaul scheduled for March of 2014. None of the involved companies have been willing to comment on the issue at any length.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Liked What You Read? Join Equities.com and Connect With Your Favorite Financial Experts FOR FREE! Members of Equities.com gain access to our leading financial news and content, active social investment community, proprietary research tools including the 2014 Small-Cap Stars, E.V.A. reports and more.

Results for rdsa
FinSentS Euro 600
23 May 15 23:21:01
$RDSA:NA 2 people chained to Shell ship north of Seattle #ROYAL DUTCH SHELL PLC http://t.co/IiS7QU7kSE #STOXX600
FinSentS UK100
23 May 15 23:15:09
$RDSA:NA 2 people chained to Shell ship north of Seattle #ROYAL DUTCH SHELL PLC http://t.co/9k80DizVAV #LDN100
Dakota Financial
23 May 15 22:53:55
Royal Dutch Shell Plc Earns Overweight Rating from Barclays $RDSA http://t.co/xORikUGZcj
FinSentS Euro 600
23 May 15 15:24:29
$RDSA:NA Shell CEO backs fossil fuels, climate change warnings #ROYAL DUTCH SHELL PLC http://t.co/fLEuU54uf8 #STOXX600
FinSentS UK100
23 May 15 15:16:31
$RDSA:NA Shell CEO backs fossil fuels, climate change warnings #ROYAL DUTCH SHELL PLC http://t.co/QDSId3JQxH #LDN100
FinSentS Euro 600
23 May 15 07:26:36
$RDSA:NA Shell CEO backs fossil fuels, climate change warnings #ROYAL DUTCH SHELL PLC http://t.co/YMYPOV7b17 #STOXX600
FinSentS UK100
23 May 15 07:18:39
$RDSA:NA Shell CEO backs fossil fuels, climate change warnings #ROYAL DUTCH SHELL PLC http://t.co/V66I1f9FDO #LDN100
Dakota Financial
23 May 15 00:39:50
Royal Dutch Shell Plc Rating Reiterated by Barclays $RDSA http://t.co/OD50WuHanO
FinSentS Euro 600
22 May 15 23:21:04
$RDSA:NA Shell CEO backs fossil fuels, climate change warnings #ROYAL DUTCH SHELL PLC http://t.co/E4zastxe1u #STOXX600
Sentifi UK Market
22 May 15 23:20:28
Shell CEO backs fossil fuels, climate change warnings http://t.co/E8ei1R1h4b More about @Shell: http://t.co/uAhuANdn9w $RDSA
FinSentS UK100
22 May 15 23:15:06
$RDSA:NA Shell CEO backs fossil fuels, climate change warnings #ROYAL DUTCH SHELL PLC http://t.co/XdS7837QWy #LDN100
Sentifi UK Market
22 May 15 23:01:11
TOP 10 Most Discussed #FTSE100 Stocks Today http://t.co/P76TExK8VL $WTB $TSCO $NG $SVT $MKS $RB $RDSA $BRBY $RMG http://t.co/OHVelhhjWw
FinSentS Euro 600
22 May 15 15:31:23
$RDSA:NA Marathon Oil: Moving Towards A U.S.-Centric Resource Play Portfolio #ROYAL DUTCH SHELL PLC http://t.co/WwwIlMWLJC #STOXX600
FinSentS UK100
22 May 15 15:19:45
$RDSA:NA Marathon Oil: Moving Towards A U.S.-Centric Resource Play Portfolio #ROYAL DUTCH SHELL PLC http://t.co/SZLDo4sHo6 #LDN100
FinSentS Euro 600
22 May 15 07:28:45
$RDSA:NA Marathon Oil: Moving Towards A U.S.-Centric Resource Play Portfolio #ROYAL DUTCH SHELL PLC http://t.co/UCbnsf0aiA #STOXX600
FinSentS UK100
22 May 15 07:18:43
$RDSA:NA Marathon Oil: Moving Towards A U.S.-Centric Resource Play Portfolio #ROYAL DUTCH SHELL PLC http://t.co/WTH4jr7kid #LDN100
AlgoAnalyst
22 May 15 01:32:05
$RDSA #rdsa / Royal Dutch Shell PLC (NL). Positive score +2. Signal (+1), Correlation (+1). http://t.co/gc5mSo2mkL #stocks #stockactio...
WKRB News
22 May 15 00:37:34
Royal Dutch Shell Plc Receives “Overweight” Rating from Barclays $RDSA http://t.co/83VwojnYqw
Dakota Financial
22 May 15 00:24:25
Royal Dutch Shell Plc’s Buy Rating Reiterated at Canaccord Genuity $RDSA http://t.co/pvjrBa5LLv
Ticker Report
22 May 15 00:11:54
Weekly Research Analysts’ Ratings Changes for Royal Dutch Shell Plc $RDSA http://t.co/Tzpl7ceGaa
Dakota Financial
22 May 15 00:08:58
Weekly Research Analysts’ Ratings Changes for Royal Dutch Shell Plc $RDSA http://t.co/oxrlVpoUjt
US Banking News
21 May 15 23:59:24
Weekly Research Analysts’ Ratings Changes for Royal Dutch Shell Plc $RDSA http://t.co/aHYmb57GFq
Ticker Report
21 May 15 23:41:44
Barclays Reiterates “Overweight” Rating for Royal Dutch Shell Plc $RDSA http://t.co/qpZGgtMrwd
US Consumer News
21 May 15 23:37:01
Royal Dutch Shell Plc's overweight rating reiterated at Barclays. GBX 2,850 PT. http://t.co/n6OV2vrLgz $RDSA #RDSA
Analyst Ratings
21 May 15 23:33:20
Royal Dutch Shell Plc's overweight rating reiterated at Barclays. GBX 2,850 PT. http://t.co/0ebNDB8yvc $RDSA #RDSA
Sentifi UK Market
21 May 15 22:31:42
Today's Most Discussed #FTSE100 Stocks http://t.co/P76TExK8VL $RMG $TSCO $NG $BRBY $MKS $PRU $RDSA $GFS $FTSE http://t.co/u1v1iGFuFP
Brandon Severinsen
21 May 15 17:55:22
@jimcramer am I diversified? $UPS $RDSA $LOW $BABA $NOG looking to add $WWAV in near future.
FinSentS Euro 600
21 May 15 15:26:43
$RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/v8DJMjIok9 #STOXX600
FinSentS UK100
21 May 15 15:18:46
$RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/c4CmXRXqyU #LDN100
Victor Lopez
21 May 15 07:32:25
RT @FinSentS_Eur600: $RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/iESOINArik…
FinSentS Euro 600
21 May 15 07:24:15
$RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/iESOINArik #STOXX600
FinSentS UK100
21 May 15 07:17:11
$RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/sji5FBBWfR #LDN100
FinSentS Euro 600
20 May 15 23:21:39
$RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/DA0QyVcEoa #STOXX600
Sleek Money
20 May 15 23:20:39
Royal Dutch Shell Plc Stock Rating Reaffirmed by Canaccord Genuity $RDSA http://t.co/kbCc44KHOs
FinSentS UK100
20 May 15 23:15:34
$RDSA:NA Shell Midstream Partners Stock Rating Upgraded by Zacks (SHLX) #ROYAL DUTCH SHELL PLC http://t.co/tH27g5YUE1 #LDN100
FinSentS Euro 600
20 May 15 15:24:38
$RDSA:NA DCC Energy to buy French oil field from Shell #ROYAL DUTCH SHELL PLC http://t.co/RNxdU45l0j #STOXX600
FinSentS UK100
20 May 15 15:17:05
$RDSA:NA DCC Energy to buy French oil field from Shell #ROYAL DUTCH SHELL PLC http://t.co/LDMjJ7scfC #LDN100
US Banking News
20 May 15 13:47:52
Canaccord Genuity Reaffirms “Buy” Rating for Royal Dutch Shell Plc $RDSA http://t.co/pY7JfMuGmj
FinSentS Euro 600
20 May 15 07:30:58
$RDSA:NA DCC Energy to buy French oil field from Shell #ROYAL DUTCH SHELL PLC http://t.co/dUg5irQpqp #STOXX600
AlgoAnalyst
20 May 15 07:24:23
$RDSA #rdsa / Royal Dutch Shell PLC (NL). Positive score +2. Signal (+1), Correlation (+1). http://t.co/tjVB1r0e4q #stocks #stockactio...
FinSentS UK100
20 May 15 07:20:47
$RDSA:NA DCC Energy to buy French oil field from Shell #ROYAL DUTCH SHELL PLC http://t.co/AjwiF2DLzR #LDN100
Edgar's Blog
20 May 15 05:58:53
it's no secret that I'm bullish on oil, but I'm even more interested in $RDSA $RDSA at the current price. simply holding it has a +6% yield
bored2tears
20 May 15 03:01:02
Shell CEO defends company's environmental record, says #Arctic drilling risks "negligible." http://t.co/PwMrsKHW0d $RDSa #oil
US Consumer News
20 May 15 02:17:48
Royal Dutch Shell Plc's buy rating reiterated at Canaccord Genuity. GBX 2,275 PT. http://t.co/aluckhWI3P $RDSA #RDSA
The Legacy News
20 May 15 02:17:43
Royal Dutch Shell Plc’s “Buy” Rating Reaffirmed at Canaccord Genuity $RDSA http://t.co/lyjjoEkycf
Analyst Ratings
20 May 15 02:16:16
Royal Dutch Shell Plc's buy rating reiterated at Canaccord Genuity. GBX 2,275 PT. http://t.co/kciWMTU60R $RDSA #RDSA
Ticker Report
20 May 15 02:11:25
Royal Dutch Shell Plc’s “Buy” Rating Reaffirmed at Canaccord Genuity $RDSA http://t.co/GVt8K135Au
FinSentS Euro 600
19 May 15 23:20:58
$RDSA:NA DCC Energy to buy French oil field from Shell #ROYAL DUTCH SHELL PLC http://t.co/hfmQn2fp7T #STOXX600
FinSentS UK100
19 May 15 23:15:47
$RDSA:NA DCC Energy to buy French oil field from Shell #ROYAL DUTCH SHELL PLC http://t.co/5lRCrj329k #LDN100
The Legacy News
19 May 15 22:57:56
Royal Dutch Shell Plc PT Lowered to GBX 2,100 at Nomura $RDSA http://t.co/hDkRHln7Gs
				
				
By  +Follow August 16, 2013 8:53AM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.

Login or Register

LOG IN