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If the sale doesn’t proceed, the refinery would stop accepting oil mid-month, and on Sept. 10, a court injunction blocking Shell from dismantling the facility would expire. The injunction had been sought by the union that represents workers at the plant. However, Shell said that a number of refineries in their portfolio offered over-capacity and consequently Stanlow, their last British refinery, was put up for sale. After a prolonged period of negotiation, Stanlow was sold by Shell to Essar Energy for approximately $1.3 billion (£814 million) in 2011.
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Jan 09, 2020 · Royal Dutch Shell Plc is looking to sell its oil refinery in Anacortes, Washington, according to three people familiar with the matter. If completed, this and other asset sales currently underway would reduce Shell’s North American refining operations to large plants on the U.S. Gulf Coast, said the people, speaking on condition of anonymity as the talks are private.
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Shareholder Information Energy focused It is the Mission of Meridian Energy Group, Inc. to provide long term shareholder value through the development and operation of the cleanest, most efficient and environmentally compliant crude oil refineries in the world, benefiting our investors and the community.
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Petrobras said that among the other refining assets to be put up for sale are its Gabriel Passos unit, located in central Minas Gerais state, the Getúlio Vargas refinery, in southern Paraná state... May 29, 2020 · NEW YORK (Reuters) – The closing of a $252 million sale of the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real estate developer has been delayed, a city official and source...