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Chevron Seeking Buyer for Kapolei Oil Refinery in Hawaii

Lynn Doan
Bloomberg

Chevron Corp. (CVX), the world’s third-largest oil producer by market value, is seeking a buyer for one of its smallest refineries, the Kapolei plant on the Hawaiian island of Oahu.

The sale of the the 54,000-barrel-a-day Kapolei complex is part of a larger plan to divest $10 billion worth of assets over the next three years. Closing the plant would leave Hawaii with a single 93,500-barrel-a-day refinery, which Par Petroleum Corp. (PARR) bought from Tesoro Corp. (TSO) last year…

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Bloomberg
19 September 2014

Hawaii is a one refinery state, energy expert says

Duane Shimogawa
Pacific Business News

Hawaii is a one refinery state, and the two refineries on Oahu will try to wait for the other to go out of business, an internationally-known energy expert said this week.

Fereidun Fesharaki, chairman of Honolulu-based Facts Global Energy, said that Hawaii, as a market to refine, is a terrible market…

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Pacific Business News
28 August 2014