Professional M&A intelligence for the energy transition
PBF Energy completed its acquisition of Martinez refinery in California from Equilon Enterprises LLC d/b/a Shell Oil Products US. The 157,000 barrel-per-day, dual-coking Martinez refinery is located on an 860-acre site in the City of Martinez, 30 miles northeast of San Francisco, Calif.
Vertex Energy completed its $75 million acquisition of Shell's Mobile, Alabama refinery. The 91,000 barrel-per-day Mobile refinery is strategically located on the U.S. Gulf Coast and is capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks.
Phillips 66 announced an agreement to purchase the remaining 50% interest in WRB Refining LP from Cenovus Energy for approximately $2.2 billion in cash. The transaction will give Phillips 66 full ownership of the joint‑venture refinery complex in Wood River and Roxana, Illinois, expanding control of its refinery assets and optimizing integration with its upstream […]