Shell to sell its controlling interest in Texas refinery to Pemex for USD596 mln

Shell to sell its controlling interest in Texas refinery to Pemex for USD596 mln
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25.05.2021

MOSCOW (MRC) -- Royal Dutch Shell agreed to sell its controlling interest in a Texas refinery to partner Petroleos Mexicanos (Pemex) for about USD596 million, the latest move by the European oil major to cut its global refining footprint, reporte Reuters.The deal ends a 28-year partnership between Shell and Pemex, Mexico's state-run oil company that processed up to 340,000 barrels per day

Full article at mrcplast.com

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