CONVENT, La. — Shell announced Thursday that it is closing one of its refineries between Baton Rouge and New Orleans, after failed attempts to sell the facility. The refinery in Convent can ...

The assets, including a 113,000 barrel-per-day refinery in Buenos Aires, were put on the block as part of Shell's program of asset sales to pay down debt after acquiring rival BG Group last year.

The plant is right next to a former Shell refinery, which the company sold to Pemex in 2022. Shell also has U.S. chemical ...