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Mexico’s Pemex says closes acquisition of Deer Park refinery

By:
Reuters
Published: Jan 20, 2022, 21:23 GMT+00:00

MEXICO CITY (Reuters) - Mexican state oil company Petroleos Mexicanos (Pemex) on Thursday said it had finalized the complete acquisition of the Deer Park refinery in Texas from Royal Dutch Shell, its longstanding partner at the facility.

An aerial view of the Shell Deer Park Manufacturing Complex is seen in Deer Park, Texas,

MEXICO CITY (Reuters) – Mexican state oil company Petroleos Mexicanos (Pemex) on Thursday said it had finalized the complete acquisition of the Deer Park refinery in Texas from Royal Dutch Shell, its longstanding partner at the facility.

Pemex said in a statement that the transaction closed under the terms announced in May.

(Reporting by Daina Beth Solomon)

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