Valero Energy Corp., which operates gas stations in Connecticut, says it is in advanced negotiations to sell the assets of a Delaware oil refinery it is shutting down to a Greenwich investor.
The company said Friday that it hopes to announce a deal soon with PBF Investments LLC.
The negotiations involve assets of Valero’s terminal operation at the Delaware City refinery and equipment from discontinued refinery operations.
San Antonio, Texas-based Valero announced in November that it would halt operations at the refinery and lay off 550 workers. (AP)