Inspectioneering
News

Chevron Eyes Deal for Shell Refinery in Anacortes, Washington

Reuters, March 26, 2021
Reuters

Chevron Corp has emerged as a leading contender to buy a Royal Dutch Shell Plc refinery in the U.S. Pacific Northwest, three people familiar with the matter said on Friday.

Shell has been trying to sell its 145,000 barrel-per-day (bpd) Puget Sound refinery in Anacortes, Washington, for at least a year. Reuters reported in January 2020 that the refinery was for sale.

As a matter of policy we don’t comment on market rumors or speculation,” said Chevron spokesman Braden Reddall.

Shell spokesman Curtis Smith declined to comment.

A deal is not guaranteed and analysts said competing refiners often look at other businesses to evaluate their own operations.

The Puget Sound plant supplies fuel markets in the northwest and competes with plants owned by BP, Marathon Petroleum, and Phillips 66. Shell last month settled a seven-year-old dispute with the U.S. Environmental Protection Agency over past air pollution violations from the facility.

(Reporting by Erwin Seba; Editing by Daniel Wallis)

Click here to read the full article from Reuters.

Copyright 2024 Thomson Reuters. Click for restrictions.

Comments and Discussion

There are no comments yet.

Add a Comment

Please log in or register to participate in comments and discussions.


Inspectioneering Journal

Explore over 20 years of articles written by our team of subject matter experts.

Company Directory

Find relevant products, services, and technologies.

Training Solutions

Improve your skills in key mechanical integrity subjects.

Case Studies

Learn from the experience of others in the industry.

Integripedia

Inspectioneering's index of mechanical integrity topics – built by you.

Industry News

Stay up-to-date with the latest inspection and asset integrity management news.

Blog

Read short articles and insights authored by industry experts.

Expert Interviews

Inspectioneering's archive of interviews with industry subject matter experts.

Event Calendar

Find upcoming conferences, training sessions, online events, and more.

Downloads

Downloadable eBooks, Asset Intelligence Reports, checklists, white papers, and more.

Videos & Webinars

Watch educational and informative videos directly related to your profession.

Acronyms

Commonly used asset integrity management and inspection acronyms.