Calgary, won approval by British Columbia for a $97 million (Canadian) natural gas processing plant at Stoddart, near Fort St. John, B.C. Construction on the gas plant and related pipelines begins immediately. Gas and liquids will be shipped to the Younger gas plant at Taylor, B.C., and to Novagas's Redwater, Alta., NGL fractionation plant.
Tesoro Petroleum Corp.,
San Antonio, will acquire Shell Anacortes Refining Co.'s 108,000 b/d refinery at Anacortes, Wash., for $297 million. Shell Anacortes is a unit of Shell Oil Co. Combined with Tesoro's recent agreement to purchase BHP Petroleum Pty. Ltd.'s Hawaii ref...