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RDSB Royal Dutch Shell 'B'

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Share Name Share Symbol Market Type
Royal Dutch Shell 'B' NYSE:RDSB NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Shell to Sell California Refinery to PBF Energy for $1 Billion

11/06/2019 9:58pm

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Shell (NYSE:RDSB)
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By Bowdeya Tweh

 

Royal Dutch Shell PLC said it has reached a deal to sell its Martinez Refinery in California to petroleum refiner PBF Energy Inc. for $1 billion.

Shell said Tuesday the divestiture aligns with its efforts to pare back its refining portfolio.

The deal is expected to close this year.

 

Write to Bowdeya Tweh at bowdeya.tweh@wsj.com

 

(END) Dow Jones Newswires

June 11, 2019 16:43 ET (20:43 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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