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Home / Deal Tracker / PBF Energy Acquires Martinez Refinery
Oil and Gas Refining Asset Acquisition Completed

PBF Energy Acquires Martinez Refinery

Acquirer
PBF Energy
Target
Shell Martinez Refinery 50% Stake (Equilon JV exit)
2020
Year
🇺🇸 United States
Country
Asset Acquisition
Deal Type
$X.XB
Deal Value 🔒
Sector
Downstream
Subsector
Refining
Industry
Oil and Gas
Date Added
May 9, 2026
Status
Completed
🔒

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PBF Energy completed its acquisition of Martinez refinery in California from Equilon Enterprises LLC d/b/a Shell Oil Products US.

The 157,000 barrel-per-day, dual-coking Martinez refinery is located on an 860-acre site in the City of Martinez, 30 miles northeast of San Francisco, Calif.