Royal Dutch Shell Plc  .com Rotating Header Image

Shell: Talks On Sale Of European Refineries To Essar Extended

THE WALL STREET JOURNAL

NOVEMBER 30, 2009, 5:55 A.M. ET

LONDON (Dow Jones)–Exclusive talks between Royal Dutch Shell PLC (RDSB.LN) and India’s Essar Oil Ltd. (500134.BY) over the sale of three European refineries will continue for an unspecified period beyond Monday’s deadline, a Shell spokesman said.

“Shell and Essar jointly confirm that negotiations for the sale and purchase of our three refineries at Stanlow and Germany will continue beyond the end of November,” the spokesman said.

As part of plans to sell 15% of its global refining capacity, or about 600,000 barrels a day of capacity, over the next three years in a restructuring program, Shell is selling the Heide and Harburg refineries in Germany and the Stanlow plant in the U.K.

Company Web site: http://www.shell.com

-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317; [email protected]

WSJ ARTICLE

Stanlow Refinery Workers Website

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.