February 01, 2015 5:39 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Motiva Enterprises LLC

Company Overview

Motiva Enterprises LLC refines, distributes, and markets oil products in the eastern and Gulf Coast regions of the United States, and the District of Columbia. It engages in the refining of base oils; and receipt, storage, scheduling, accounting, delivery, and marketing of light refined products, gasoline and diesel fuels, distillate, jet and bio-fuel products, and other petroleum products. It serves gasoline stations. The company was founded in 1998 and is headquartered in Houston, Texas. It operates refineries in Norco and Convent, Louisiana; and Port Arthur, Texas. The company also operates a network of terminals in the northeastern, southeastern, and Gulf Coast regions of the United Stat...

910 Louisiana Street

Houston, TX 77002

United States

Founded in 1998

Phone:

713-277-8000

Fax:

713-277-9099

Key Executives for Motiva Enterprises LLC

Chief Executive Officer and President
Age: 50
Chief Financial Officer
General Counsel and Secretary
Vice President of Human Resources
General Manager of Strategy
Compensation as of Fiscal Year 2014.

Motiva Enterprises LLC Key Developments

Zydeco Pipeline Company Announces New Agreements with Motiva Enterprises LLC and Sunoco Pipeline, L.P. to Enhance Zydeco Connections and Capacity in Nederland and Port Neches, Texas

Zydeco Pipeline Company announced new agreements with Motiva Enterprises LLC and Sunoco Pipeline, L.P. to enhance Zydeco connections and capacity in Nederland and Port Neches, Texas. Zydeco is also seeking to add additional pipeline capacity on existing segments to Lake Charles and St. James, Louisiana. The Zydeco pipeline system, jointly owned by Shell Pipeline Company LP and Shell Midstream Partners. The expansion plan includes connecting the Zydeco pipeline, in Port Neches, Texas to Sunoco Pipeline L.P.'s 30 crude oil pipeline originating in Nederland, Texas. Zydeco also secured additional operational storage that will be available at Motiva's terminal in Port Neches, Texas. After the completion of these expansion projects, Zydeco's mainline capacity east of Port Neches will be 375,000 barrels per day. The additional capacity on the pipeline is expected to be available in the first quarter of 2016. The Sunoco agreement will provide Zydeco's shippers and customers with additional shipping capacity and options out of Nederland for the same rate as movements out of Port Neches. The new operational storage in Port Neches will help supplement the extra capacity on the pipeline. Zydeco is also reviewing additional opportunities to enhance pipeline capacity and improve flow on the Port Neches to Lake Charles 22 segment and the Houma to St. James 18 segment of the pipeline system.

Motiva Enterprises LLC Announces Management Changes

Motiva Enterprises LLC has named a new president and CEO. Dan Romasko, former executive vice president of operations at Tesoro Corp., is replacing departing CEO Bob Pease, who will return to a position with Shell on Feb. 1, 2014. Romasko has served as executive vice president of operations for refiner Tesoro since March 2011. He oversaw the company's refining, marketing, logistics and marine organizations.

Motiva Enterprises In Talks To Sell Its Terminals At Bridgeport

Motiva Enterprises, LLC is in negotiations to sell its oil products storage and rack terminals at Bridgeport. The sale is in line with Motiva's plan to sell some non-strategic terminal assets on the East Coast, including the one in Bridgeport. It is unclear when the Bridgeport terminal deal could be finalized. A Shell spokeswoman was not able to comment to Seenews.

Similar Private Companies By Industry

Company Name Region
Independent Propane Company Holdings United States
Charter Fuels Inc. United States
Sundown Energy, Inc. United States
Rockies Region 2006 Limited Partnership United States
CenterPoint Energy Services, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Motiva Enterprises LLC, please visit www.motivaenterprises.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.