Royal Dutch Shell said that its subsidiary – Shell Deutschland will divest its 37.5% non-operated stake in the PCK oil refinery in Schwedt, Germany (PCK Raffinerie GmbH) to Austria-based Alcmene GmbH, a part of the Liwathon Group. The energy giant did not disclose the financial terms of the transaction. Alcmene is into trading of energy […]
HollyFrontier has signed a deal worth up to $530 million for acquiring the Puget Sound Refinery in Anacortes, Washington from Royal Dutch Shell’s subsidiary Equilon Enterprises d/b/a Shell Oil Products US. Also involved in the acquisition are the on-site cogeneration facility and related logistics assets, which include a deep-water marine dock, a rail terminal, a […]