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Carson Refinery

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BP Plc. informed that it had agreed to sell its Carson refinery based in southern California to Tesoro Corp. for $2.5 billion. The sale of Carson is a part of a BP’s $38 billion asset-disposal plan to repay costs of Deepwater Horizon disaster. Tesoro confirmed that it would pay $2.5 billion for refinery in Carson and other assets such as the Arco brand.

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