Williams sells refinery

The Williams Companies says it's selling a Tennessee crude oil refinery. The sale will mean $455-million for the company. But about 40 people at Williams’ Tulsa headquarters will lose their jobs.

Wednesday, March 5th 2003, 12:00 am

By: News On 6


The Williams Companies says it's selling a Tennessee crude oil refinery. The sale will mean $455-million for the company. But about 40 people at Williams’ Tulsa headquarters will lose their jobs.

Williams has sold more than $5-billion in assets over the past 15 months. It's trying to recoup some of its losses in its telecommunications and energy trading divisions.
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