News

Oil major Chevron said its hundreds of employees in Hawaii will soon have the option to move over to Island Energy when it takes over the company in the region. From November Island Energy will acquire all of Chevron and its assets in Hawaii. At the moment, Chevron has about 282 workers. According to reports,

New York–Island Energy Services LLC, a subsidiary of New York-based private-equity firm One Rock Capital Partners, has agreed to buy Chevron U.S.A.’s operations in Hawaii. These include a 58,000 barrel-per-day refinery in Kapolei on West Oahu, 58 gasoline stations spread throughout the archipelago, four storage terminals on Oahu, Maui, Kauai and Hawaii Island, as well

Chevron Corp. subsidiary Chevron USA Inc. has entered a deal for the sale of its 54,000-b/d Kapolei, Ha., refinery on the island of Oahu and other associated Hawaiian downstream assets to Island Energy Services LLC, a subsidiary of One Rock Capital Partners LP, New York. As part of the agreement, signed on Apr. 19, Island

Chevron has agreed to sell its Hawaii refinery to a New York-based private equity firm for an undisclosed amount. One Rock Capital Partners said Tuesday that it has agreed to purchase the refinery along with other downstream and retail assets. Chevron has not disclosed details about the sale but industry estimates seen by Reuters pegged

Law360, New York (April 20, 2016, 4:57 PM EDT) — A One Rock Capital Partners LP subsidiary has agreed to buy Chevron USA Inc.’s refining, distribution and retail assets in Hawaii for an undisclosed price, the private equity firm said Tuesday. Following the transaction, Island Energy Services LLC will own Chevron’s 58,000-barrel-per-day refinery in Kapolei,

NEW YORK & SAN RAMON, Calif. — A private-equity firm with “a track record of fixing up underappreciated businesses” will take a swing at convenience retailing and fuel refining with its purchase of Chevron Corp.‘s assets in Hawaii. “We look forward to building upon the strong foundation that Chevron has established in Hawaii over the

Island Energy Services, LLC, a wholly owned subsidiary of One Rock Capital Partners, LP (“One Rock”) announced today that it has signed an agreement to acquire from Chevron U.S.A. Inc. (“Chevron”) certain refining, distribution and retail assets located in Hawaii, including the 58,000 barrel-per-day refinery in Kapolei, Chevron’s interests in a network of 58 retail

HONOLULU (HawaiiNewsNow) – Chevron Corp. announced Tuesday it reached an agreement with Island Energy to sell its Hawaii assets. The sale will include Chevron’s refinery in Kapolei, interests in a 58-site branded service station network, four product distribution terminals, pipeline systems and other related downstream assets in the state, according to a press release. http://www.hawaiinewsnow.com/story/31765000/chevron-reaches-agreement-with-island-energy-to-sell-hawaii-assets

Chevron USA Inc. announced Tuesday that it has reached an agreement with Island Energy Services to sell its assets in Hawaii. The sale includes the 58,000 barrel-per-day refinery in Kapolei, interests in a network of 58 retail service stations, four product distribution terminals on Oahu, Maui, Kauai and Hawaii Island; pipeline systems and other related downstream assets statewide. Financial

Chevron Corp.’s Hawaii operations have been sold to the New York-based investment firm One Rock Capital Partners LP, Pacific Business News has confirmed with multiple sources. Chevron Hawaii informed its employees Tuesday of the deal and the next steps for the company. One Rock Capital Partners subsidiary Island Energy Services LLC said Tuesday that it