Murphy Oil says it plans to exit the refinery business and sell off its three facilities, including one in Meraux. The company says it plans to focus on exploration and its retail business in the United States. The company, based in El Dorado, Ark., has more than 1,000 gas stations in the U.S., including many at Walmart and Sam’s Club stores. Murphy says it also plans to sell its gas stations in Great Britain, where it operates 457 outlets. Murphy says it expects to find a buyer for its St. Bernard Parish facility and refineries in Wisconsin and Wales by early 2011.
Murphy Oil to sell Louisiana refinery
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