Foreign Direct Investment (FDI) in U.S. Energy 2005 Contacts | Home

Release Date: February 2008
Next Release Date: February 2009 

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Petroleum Refining

The petroleum refining capacity owned by FDI affiliates in the United States increased in 2005, while total U.S. refining capacity rose proportionately less. The largest contributions to the increase were by FDI affiliates of Compagnie Nationale à Portefeuille / Nationale PortefeuilleMaatschappij (Belgium) and Petróleos de Venezuela.  The former entered U.S. crude oil refining by purchasing a Pasadena, Texas, refinery from Crown Central Petroleum, while the latter completed an expansion, including the addition of a crude vacuum distillation tower, at its Lake Charles, Louisiana, refinery.  Crown Central also sold a smaller refinery in Texas to an affiliate of FDI refining newcomer Delek (Israel).  In contrast, an FDI affiliate of Royal Dutch Shell sold its Bakersfield, California, refinery to Flying J.

  Number of Refineries and Refining Capacity in the United States of FDI-Affiliate Companies, 2003 - 2005
Foreign Parent - FDI Affiliate Number of Refineries Total Crude Oil Distillation Capacity
(Thousand Barrels per day)
2003 2004 2005 2003 2004 2005 2004 - 2005 Percent Change
BP - BP America 6 6 6 1,505 1,505 1,476 -1.9
Petróleos de Venezuela (PDV) - PDV America, LYONDELL-CITGO Refininga, Chalmette Refiningb 7 7 7 1,171 1,177 1,271 8.0
Royal Dutch/Shell & Saudi Aramco - Motiva Enterprises 4 3 3 887 747 747 0.0
Royal Dutch/Shell - Shell Oilc 6 6 5 599 597 534 -10.6
Royal Dutch/Shell & Petróleos Mexicanos - Deer Park Refining 1 1 1 334 334 334 0.0
Total - Total Petrochemicals 1 1 1 175 234 232 -0.6
Compagnie Nationale à Portefeuille / Nationale PortefeuilleMaatschappij (NPM/CNP) - Astra Holdings USA - - - - 1 - - - - 100  
Alon - Alon USA Energy 1 1 1 61 61 67 9.8
Delek - Delek Refining - - - - 1 - - - - 58 NM
Transworld Oil - Calcasieu Refining 1 1 1 30 30 30 0.0
Total FDI-Affiliate Companies 27 26 27 4,761 4,683 4,848 3.5
Total United States 145 145 144 16,894 17,125 17,339 1.2
Percent FDI-Affiliate Companies 18.6 17.9 18.8 28.2 27.3 28.0 - -
   aJoint venture with Lyondell Chemical.
   bJoint venture with Exxon Mobil.
   cIncludes two refineries owned by Shell Chemical, a subsidiary of Shell Oil.
   *Number less than 0.5 rounded to zero.
      Notes:  - = No data reported.  - - = Not applicable.  E = Estimated data.  NM = Not meaningful, R = Revised data.  Values at year end.  Components may not add to totals because of independent rounding.  Calculations performed with unrounded data.
   Sources:  Energy Information Administration, "Refinery Capacity Report,"  (Washington, DC, June 2006), Table 5, and previous issues.