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Ultramar Plc

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September 9, 1988 | DONALD WOUTAT, Times Staff Writer
A British oil and gas firm outbid several larger competitors and will acquire a major Southern California oil refinery for $440 million from Union Pacific Corp., the current owners said Thursday. Ultramar PLC, which already operates in California through its Beacon Oil Co., agreed to buy a 100,000-barrel-per-day refinery in Wilmington, near Long Beach.
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BUSINESS
September 9, 1988 | DONALD WOUTAT, Times Staff Writer
A British oil and gas firm outbid several larger competitors and will acquire a major Southern California oil refinery for $440 million from Union Pacific Corp., the current owners said Thursday. Ultramar PLC, which already operates in California through its Beacon Oil Co., agreed to buy a 100,000-barrel-per-day refinery in Wilmington, near Long Beach.
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