Valero Energy Corp. (VLO), the largest refiner in the U.S., is in negotiations with China oil giant PetroChina Co. Ltd. (PTR, 0857.HK) for the sale of its shuttered refinery on Aruba, Reuters reported Tuesday on its Web site. An Aruba government spokesman said the two companies are in negotiations, but didn't elaborate. A Valero spokesman confirmed that the company is in talks about a sale of the
Valero Energy Corp. (VLO), the largest refiner in the U.S. , is in negotiations with China oil giant PetroChina Co. Ltd. (PTR, 0857.HK) for the sale of its shuttered refinery on Aruba , Reuters reported Tuesday on its Web site. An Aruba government spokesman said the two companies are in negotiations, but didn't elaborate. A Valero spokesman confirmed that the company is in talks about a sale of the facility, which can process 235,000 barrels per day of oil, but wouldn't confirm a potential buyer. Valero shuttered the facility in July and has had the plant on the sales block for a least a year. 

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