Shell's Deer Park Texas Refinery Sale Delayed, Reuters Reports
01 December 2021 - 5:25AM
Dow Jones News
--Royal Dutch Shell PLC's planned sale of its interest in a
joint-venture refinery in Deer Park, Texas, to partner Petroleos
Mexicanos has been delayed by a regulatory review, Reuters
reported.
--Shell said there was a delay in securing approval from the
Committee on Foreign Investment in the U.S., or Cfius, Reuters
reported.
--Shell expects to complete the sale by year's end, Reuters
reported, citing company spokesman Curtis Smith.
Full story:
https://www.reuters.com/business/energy/shell-deer-park-texas-refinery-saie-delayed-pending-cfius-approval-company-2021-11-30/
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
November 30, 2021 13:10 ET (18:10 GMT)
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