Petro Global News – Chevron sells Hawaii refinery, service stations, terminals

Date: Apr 21, 2016

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 the value of the refinery at between $75 million to $300 million.