CLOs on the Move

Motiva Enterprises LLC is a joint venture between Shell and Saudi Refining, Inc. that refines, distributes and markets oil products in the eastern and southern U.S. Formed in 1998, Motiva`s operations include nearly 8000 Shell-branded gasoline stations, three refineries with a combined crude capacity of 1.1 million barrels per day, and ownership interest in 35 refined product storage terminals with an aggregate storage capacity of approximately 20 million barrels.