Pemex closes on its delayed acquisition of Shell stake in Texas refinery

Deal was held up for months by federal regulators as elected officials voiced opposition

Sold: Pemex has officially closed on its $596 million acquisition of Shell Oil's stake in the Deer Park, Texas, refinery
Sold: Pemex has officially closed on its $596 million acquisition of Shell Oil's stake in the Deer Park, Texas, refineryPhoto: ASSOCIATED PRESS
Published 21 January 2022, 21:49Updated 21 January 2022, 21:51