Valero Said to Be in Talks to Buy Chevron’s U.K. Refinery for Up to $1.5 B

Bloomberg reports that Valero Energy Corp. (VLO), the largest U.S. oil refiner, is in talks to buy Chevron Corp.’s (CVX) U.K. refinery for $1 billion to $1.5 billion. According to Bberg sources, an agreement may be reached as soon as next month. Chevron has been seeking a buyer for the Pembroke refinery in Wales for [...]