US independent refiners enter merger talks

Delek US Holdings Inc., Brentwood, Tenn., has made a formal offer to buy Alon Israel Oil Co. Ltd.’s US-based refining and marketing subsidiary Alon USA Energy Inc., Dallas, which owns and operates a 74,000-b/sd refinery in Krotz Springs, La., a 73,000 b/sd refinery at Big Spring, Tex., as well as an idled 70,000-b/sd, three-refinery complex in California.


Source: News