Shell in Talks to Sell Off Refinery ; Bidders Line Up for Stanlow Oil Complex

Daily PostAugust 12, 2009

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Summary


OIL giant Shell yesterday confirmed it is in talks to sell its Stanlow oil refinery. The Ellesmere Port plant employs 800 full- time staff - many from North Wales.

Libya's National Oil Corporation, Indian conglomerate Essar, American refining group Valero and an investment firm controlled by the Saudi Royal family are believed to be among the bidders.

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Shell in Talks to Sell Off Refinery ; Bidders Line Up for Stanlow Oil Complex

The proposed sale is part of a group-wide review ordered by Shell ...

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