Motiva and Flint Hills Resources reach agreement
Published by Callum O'Reilly,
Senior Editor
Hydrocarbon Engineering,
Motiva Enterprises LLC and an affiliate of Flint Hills Resources has announced that they have signed an agreement for Motiva to acquire a 100% ownership interest in Flint Hills Resources Port Arthur LLC.
The potential acquisition is targeted to close in 4Q19, subject to satisfaction of closing conditions.
The parties confirmed that they will not be disclosing the terms of the transaction.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/21082019/motiva-and-flint-hills-resources-reach-agreement/
You might also like
Hydrocarbon Engineering Podcast
Susan Bell, Senior Vice President within Commodity Markets – Oil, Rystad Energy, discusses the impact of trade wars on global oil demand and oil prices, in light of President Trump’s ‘Liberation Day’ tariffs.
RYAM and Verso Energy advance e-SAF in the US
RYAM and Verso Energy has signed a new MoU to advance an e-SAF and CO2 utilisation project in Jesup, Georgia, USA.