Shell sells washington puget sound refinery to hollyfrontier

Houston, may 4, 2021 /prnewswire/ -- equilon enterprises llc d/b/a shell oil products u.s. (shell), a subsidiary of royal dutch shell plc, has reached an agreement for the sale of its puget sound refinery near anacortes, washington to a subsidiary of hollyfrontier corporation, an independent refiner headquartered in texas (hollyfrontier), for $350 million in cash plus the value of the hydrocarbon inventory. the transaction is expected to close in q4 2021, subject to regulatory clearance and other customary closing conditions.
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