BP to sell Carson refinery and ARCO retail network in US Southwest to Tesoro for $2.5B
Green Car Congress
AUGUST 13, 2012
It processes ANS (Alaskan North Slope), Middle Eastern and West African crudes and supplies 25% of the Los Angeles gasoline demand. A 420MW cogeneration facility located on-site, of which BP has 51% ownership, provides electricity to the Southern California Edison electrical grid. The closing is expected to happen before mid-2013.
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