June 11, 2019 / 8:33 PM / a month ago

PBF to buy Shell's Martinez refinery for up to $1 bln

June 11 (Reuters) - U.S. refiner PBF Energy Inc said on Tuesday its unit has agreed to acquire the Martinez refinery from Equilon Enterprises LLC, a subsidiary of Royal Dutch Shell PLC, for as much as $1 billion.

The refinery is located northeast of San Francisco, California. (Reporting By Shradha Singh in Bengaluru; Editing by Maju Samuel)

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