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U.S.: Tesoro proposes a compromise by selling its Wilmington refinery for BP PL plant

By  |  October 11, 2012

Tesoro Corporation (TSO) proposed selling its 97,000 barrel-a-day Wilmington refinery to overcome scrutiny from regulatory authorities over its proposed purchase of a larger BP PL plant in the state of California. Intensifying regulatory scrutiny of record gasoline prices in California has given rise to constant vigilance by competition watchdogs.

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