Japanese firm to buy out veteran West Coast marketer

摘要

Long-time West Coast marketer Gil Moore has signed an agreement to sell his 1.5-2 million bbls/mo New West Petroleum operation to Japanese refiner Idemitsu Kosan in a deal expected to close on June 1.rnNew West will sell its fuel distributorship in California, Nevada, Oregon, and Arizona but will retain five Shell and Chevron company-ops in northern California.