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    market news

    Valero Plans to Buy Chevron’s UK Oil Refinery

    Investing News Network
    Mar. 10, 2011 11:14AM PST
    Oil and Gas Investing

    Reuters reports Valero Energy Corp (NYSE:VLO) intends to buy Chevron’s (NYSE:CVX.N) British refinery for about $2 billion.

    Reuters reports Valero Energy Corp (NYSE:VLO) intends to buy Chevron’s (NYSE:CVX.N) British refinery for about $2 billion.

    The market news is quoted as saying:

    Chevron has been seeking a buyer for its last European plant, in Pembroke, Wales, for almost a year.

    Click here to access the entire news

    market newsnyse:cvx
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