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re: Valero Buys Idle Houston Refinery from LyondellBasell
Posted on 11/3/26 at 1:24 pm to CitizenK
Posted on 11/3/26 at 1:24 pm to CitizenK
My main contact with Marathon is now in mgmt for the giant NGLs frac plant being built at Texas City. Two each 100,000 BPD lines. The NGLs are coming on a pipeline directly from Permian
Posted on 11/3/26 at 1:26 pm to RemyLeBeau
Some underground tanks storing it leaked in SoCal. It stinks. Much better than ethanol for engines and as an oxygenator. As an ether, it spreads in water quickly
Posted on 11/3/26 at 1:42 pm to Louisianalabguy
quote:
The refinery processed sour crude which is what is needed today. Unfortunately, the entire refinery has been dismantled. Its now a giant open field.
Built for sour can refine sweet just lower sulfur production.
Built in 1969 so like for Louisiana Light Sweet or Louisiana Light Sour or the equivalents as imported.
Posted on 11/3/26 at 1:42 pm to RemyLeBeau
quote:
And it was a Shell, not Motiva refinery when it was shutdown. The Aramco/ Shell JV ended in 2017
Yep.
That refinery was such a strange case of a shitload of wasted money with ownership not being able to figure out how they wanted to operate it.
During that 2014-2016 Motiva time frame, they spent a small fortune with engineering and construction on running three pipelines from Convent to Norco after deciding they wanted to shut down the FCCU and run feed to Norco.
But when Shell took over, they changed their minds and decided to keep the FCCU running at Convent and did a major turnaround on that unit and reversed the engineering for the pipeline to Norco.
They had also built a nice new meeting facility, gym, and cafeteria at Convent. Then a few years later decided to just shut the whole refinery down.
I'm sure they had to have had a few decent offers on the place but just decided to shut it down.
I know there were a few projects they thought might work with the right amount of government funding/tax breaks, but it all fell through.
Posted on 11/3/26 at 2:20 pm to notiger1997
quote:
That refinery was such a strange case of a shitload of wasted money with ownership not being able to figure out how they wanted to operate it.
Was it H-Oil unit that had 2 fires during that timeframe?
Posted on 11/3/26 at 2:30 pm to s14suspense
quote:
Was it H-Oil unit that had 2 fires during that timeframe?
I’m only remember one H-Oil fire.
The other fire was in the main electrical feed area. Apparently a damn raccoon caused that shite. LOL
Posted on 11/3/26 at 3:36 pm to notiger1997
quote:
During that 2014-2016 Motiva time frame,
Dan Romasco was the CEO and Convent and Port Arthur made money. Strange how the refinery stopped turning a profit under new, sole ownership.
Posted on 11/3/26 at 4:27 pm to RemyLeBeau
quote:
Port Arthur made money.
The expansion at Port Arthur was a major shitshow per info from insiders, at least $10 billion over budget is what I remember. Then a wrongly installed control valve flashed caustic soda in the brand new crude fractionator.
Posted on 11/3/26 at 4:27 pm to CitizenK
The rumor is Marathon will use that money to add on to the Garyville refinery. We shall see. The NGL deal in Texas is a big earner for them. And once those splitters are going it will be even more so
Posted on 11/3/26 at 4:41 pm to AlwysATgr
A good acquisition to counter the production lost from the shutdown of the Benecia refinery in SFbay area.
Fewer Cali/Gavin/CAFE green new deal zealots to deal with.
Cali is always wielding an empty hand, reaching out for tax$ while the other hand has a knife to stab the company in the back.
A renewed gulf coast refinery to integrate into the system and run with more manageable permits / regulations.
Purchase and ownership is beyond the 365 day limit.
Union contracts are voided.
Fewer Cali/Gavin/CAFE green new deal zealots to deal with.
Cali is always wielding an empty hand, reaching out for tax$ while the other hand has a knife to stab the company in the back.
A renewed gulf coast refinery to integrate into the system and run with more manageable permits / regulations.
Purchase and ownership is beyond the 365 day limit.
Union contracts are voided.
Posted on 11/3/26 at 4:44 pm to noon0707
quote:
The NGL deal in Texas is a big earner for them. And once those splitters are going it will be even more so
It's a JV with Oneok. They are going to export. Midstream is a cash cow for Marathon. They will export ethane, propane and butane. It's a depropanizer, debutanizer for each train.
They are buying much of what is being produced in Utah, transferring from tank truck to railcar at Salt Lake City for that very waxy crude. They were very interested in pilot plant project to "crack" the wax enough to make it flow well in pipelines. The plug was pulled on the demonstration plant in Texas before it was built. With a new catalyst only needed 1000 psig reactor
Posted on 11/3/26 at 4:47 pm to bigberg2000
quote:
I bet they wil have some tanks/pipeline that will need inspection. Bring it.
It'll get a good evaluation. I hope they have good historical records.
Posted on 11/3/26 at 4:50 pm to CitizenK
quote:
Bay will likely get the work.
Ohmstede and RCI will be players in this too.
Posted on 11/3/26 at 5:19 pm to tigerfan 64
quote:
Ohmstede and RCI will be players in this too.
The Berry Trust owns a big chunk of Valero and 100% of Bay. Bay gets to all but pick and choose what it wants at all Valero refineries. I've been invited to the shooting at the Berry's Rosharon Plantation for their Friday open bar and skeet/live pigeon shooting I never could make it. I've been on a Saturday to look at equipment they have stored there. Lots of politicians and execs are there on those Fridays, so I'm told.
Posted on 11/3/26 at 5:42 pm to AlwysATgr
I don’t know a ton about the facility and configuration but taking a step back it feels a bit like buying high. Yes, we are in the golden age post COVID rationalization and now global refining capacity tightening, but the fundamentals are still pointing to efficiency and electrification longer term. This is going to be expensive proposition to overhaul and maintain this facility…and with what competency in operators/maintenance? Sounds like a night mare.
This will take years to get lined out and will Valero be regretting the purchase? I think so.
This will take years to get lined out and will Valero be regretting the purchase? I think so.
Posted on 11/3/26 at 6:03 pm to CitizenK
quote:
Bay gets to all but pick and choose what it wants at all Valero refineries.
Bay was long term routine maintenance at St.Charles, but now is Ohmsted.
Major capital has been 95% RCI since the Valero purchase. Only non RCI major project was 1 done by Performance.
Posted on 11/3/26 at 7:40 pm to TulaneUVA
quote:
I don’t know a ton about the facility and configuration
It did use Venezuelan back in the day. In the mid/late 80s it built a cogen unit fueled by petcoke. It was rated as 289k BPD with a 196k BPD vacuum unit with 100k BPD coking unit. That's a big assed coker. 2nd largest in Texas to Motiva Port Arthur. HOWEVER, the coker was demolished.
Posted on 11/3/26 at 8:02 pm to TulaneUVA
quote:
and with what competency in operators/maintenance? Sounds like a night
Lyondell absorbed a lot of those operators, I’d bet a lot of them would go back.
Posted on 11/3/26 at 8:51 pm to GREENHEAD22
quote:They refinery will never be restarted as a refinery. Possibly as something else
What is the idle shell refinery over here? Did they part it out yet or can it be restarted?
Posted on 11/3/26 at 8:53 pm to CitizenK
quote:I heard they were just going light sweets without the coker. You hearing they will rebuild it? That would be interesting
Word is at the coker unit was demolished. This means no Venezuelan,
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