Shell 'A' (NYSE:RDSA)
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6 Months : From Mar 2019 to Sep 2019
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.
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(END) Dow Jones Newswires
June 11, 2019 16:43 ET (20:43 GMT)
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