OIL: Husky acquires Superior Refinery

Husky Energy announced Monday it has entered into definitive agreements to acquire the Superior Refinery, a 50,000barrel-per-day permitted capacity facility in Superior, from Calumet Specialty Products Partners L.P. for $435 million in cash. The deal is subject to customary closing adjustments. “Acquiring the Superior Refinery will increase Husky’s downstream crude processing capacity, keeping value-added processing in lockstep with our growing production,” said CEO Rob Peabody. Husky plans to retain the approximately 180 workers at the refinery.