世界石油5月24日休斯敦报道，荷兰皇家壳牌公司子公司壳牌石油已经达成协议出售其在得克萨斯州迪尔帕克(Deer Park)炼油有限合伙公司的权益，迪尔帕克炼油有限合伙公司是壳牌石油公司和P.M.I. Norteamerica, S.A. De C.V.(墨国油子公司)各占一半的合资企业。
Shell accepts unsolicited offer from Pemex for Deer Park, TX refinery stake
Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos, or Pemex). The transaction will transfer Shell’s interest in the partnership, and therefore full ownership of the refinery, to Pemex, subject to regulatory approvals.
“Shell did not plan to market its interest in the Deer Park refinery; however, following an unsolicited offer from Pemex, we have reached an agreement to transfer our interest in the partnership to them,”said Huibert Vigeveno, Shell’s Downstream Director.“Pemex has been our strong and active partner at the Deer Park Refinery for nearly 30 years, and we will continue to work with them in an integrated way, including through our on-site chemicals facility, which Shell will retain. Above all, we remain committed to the wellbeing of our employees and will work closely with Pemex to ensure the continued prioritization of safe operations. We’re proud of our 90-plus year history as an operator and neighbor at Deer Park and we will continue to play an active role in the community”.
The consideration for this transaction is $596 million which is a combination of cash and debt, plus the value of hydrocarbon inventory. This transaction allows Shell to further focus its refining footprint while also maintaining integration optionality and retaining value through its Chemicals and Trading activities.
Top Five Oil Firms Saw Revenues Fall 31% In 2020
The five largest oil and gas companies in the world saw their combined revenues drop by 30 percent last year, although they still generated more than $1 trillion in total revenues, according to data compiled by Finbold.
The collapse of the oil prices and demand last year was the biggest drag on those companies’sales, as well as on the revenues of all other oil and gas firms.
The oil price and demand collapse last year hit all oil companies’revenues and earnings, as both the upstream and downstream divisions suffered from the pandemic-driven crisis. Some, like ExxonMobil, for example, posted historic losses as they also wrote down the value of their resources.
Earlier this year, data compiled by Anadolu Agency showed that the biggest oil companies in the world, including Big Oil, Saudi Aramco, Russia’s top oil producers, and the top oilfield services providers, saw their combined revenues fall by 35.4 percent to US$1.3 trillion in 2020 from US$2.02 trillion in 2019.
The agency analyzed the financial statements of the 14 biggest firms—ExxonMobil, Chevron, ConocoPhillips, Halliburton, Schlumberger, Baker Hughes, Shell, BP, Total, Eni, Equinor, Lukoil, Rosneft, and Saudi Aramco.
Shell’s revenues dropped the most—by 48 percent—while BP, Aramco, and Exxon all saw their respective revenues fall by more than 30 percent in 2020 compared to 2019, according to the data pulled by the Anadolu Agency.
This year, higher oil prices during the first quarter helped many companies to boost profits, and some, like Shell raised dividends, while others like BP resumed share buybacks this quarter after more than tripling first-quarter earnings.