Shell's plan to sell two more refineries in Anacortes, WA and Mobile, AL. They unloaded the complex and lucrative Martinez, CA in January. Suppose the integrations with the mid and upstream assets perhaps it makes sense to hold onto the last 3 remaining refineries on the Gulf Coast but I look for them to exit those eventually assets and be completely out of downstream in the U.S. They will just squeeze whatever life they can out of licensing agreements to supply branded stations with other refiners and then let them live out a slow death. the whole point in branded stations was to have an outlet for refineries. No refineries it does not make much sense to spend a lot of money and energy on gasoline stations. If your in that space, get out.
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Staff are often transferred to the payroll of the purchasing entity.
Would it be a good time to join either of those refineries as an operator? How would a sale impact staff working there?
Greedy European RDS is also selling Canadian refinery in Sarnia Ontario. They have k–led Shell Canada. RDS purchased Shell Canada in 2007 and have brutally closed and sold all assets or implemented communist protocols to k–l business units.