Par Petroleum Completes Purchase of Tesoro Hawaii Refinery


Photo Credit: Tina Yuen, Pacific Business News

Par Petroleum completes purchase of Tesoro Hawaii refinery

Duane Shimogawa
Reporter – Pacific Business News

Par Petroleum Corp. said Wednesday that its subsidiary, Hawaii Pacific Energy LLC, has completed its purchase of Tesoro Hawaii LLC from Texas-based Tesoro Corp. for close to $400 million.

Tesoro Hawaii, which will be renamed Hawaii Independent Energy, LLC, will operate as a separate, wholly-owned subsidiary of Texas-based Par Petroleum and will be headquartered in Kapolei…

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Source: Pacific Business News
September 25, 2013

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