Shell finalises sale of Martinez Refinery
Published by Jessica Casey,
Editor
Hydrocarbon Engineering,
Shell has formally closed on the sale of its Martinez Refinery in California to PBF Holding Co. LLC, a subsidiary of PBF Energy Inc. (PBF).
Shell Oil Products US (Shell), a subsidiary of Royal Dutch Shell plc, has recently announced that it has formally closed on the sale of Shell’s Martinez Refinery in California to PBF in exchange for US$1.2 billion. The deal includes the refinery and inventory, as well as crude oil supply and product offtake agreements, among other adjustments.
Read the article online at: https://www.hydrocarbonengineering.com/refining/03022020/shell-finalises-sale-of-martinez-refinery/
You might also like
The Hydrocarbon Engineering Podcast - Education and training for every phase of the insulating system design process
In this episode of the Hydrocarbon Engineering Podcast, Brandon Stambaugh, Owens Corning Director for Technical Services, joins us to discuss engineers’ demand for education and training to support the critical phases that affect the performance and longevity of insulating systems.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.