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Shell To Sell Interest In Deer Park Refinery To Partner Pemex News provided by Share this article THE HAGUE, Netherlands, May 24, 2021 /PRNewswire/   Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos, or Pemex). The transaction will transfer Shell s interest in the partnership, and therefore full ownership of the refinery, to Pemex, subject to regulatory approvals. Shell did not plan to market its interest in the Deer Park refinery; however, following an unsolicited offer from Pemex, we have reached an agreement to transfer our interest in the partnership to them, said Huibert Vigeveno, Shell s Downstream Director. Pemex has been our strong and active partner at the Deer Park Refinery for nearly 30 years, and we will continue to work with them in an

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