Phillips 66 is expected to sell its 71,000-barrel-per-day Whitegate refinery in Cork, Ireland, in the coming weeks, Reuters reports. A report by the Irish Examiner named Irving Oil as the frontrunner among a group of potential suitors that also includes Valero Energy. Phillips 66 put the refinery up for sale in 2013, but it initially drew little interest due to weak margins and limited strategic value.
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