Royal Dutch Shell plc has closed on the sale of Shell’s Martinez Refinery in California to PBF Holding Company LLC (PBF)., for $1.2 billion. This sale includes the refinery and inventory. The deal also includes crude oil supply and product offtake agreements, and other adjustments.
Husky Energy has reached an agreement for the sale of its Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash, plus a closing adjustment for inventory and a contingent payment of up to $60 million over two years. Husky previously announced it was considering selling the Prince George Refinery to focus […]