Americas > PBF buys Shell’s California refinery

PBF buys Shell’s California refinery

Published 19:14 on June 12, 2019  /  Last updated at 19:14 on June 12, 2019  / Dan McGraw /  Americas, Canada, US

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.