PBF buys Shell’s California refinery

Published 19:14 on June 12, 2019  /  Last updated at 19:14 on June 12, 2019  /  Americas, Canada, US  /  No Comments

Fuel refiner PBF Energy has agreed to purchase oil giant Shell’s Martinez refinery in California for up to $1 billion, with the acquisition expected to add to the former's compliance obligations under the state’s cap-and-trade programme.

Fuel refiner PBF Energy has agreed to purchase oil giant Shell’s Martinez refinery in California for up to $1 billion, with the acquisition expected to add to the former’s compliance obligations under the state’s cap-and-trade programme.

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