According to the Wall Street Journal, KNOC has decided to put Harvest’s Come By Chance oil refinery in Newfoundland up for sale.
The paper sites KNOC hired Deutsche Bank to sell the 115,000 bbl/d facility.
The company’s refining operations lost $106.6 million in the first half of 2013.
The news comes shortly after reports that KNOC is looking to exit Canada and sell Harvest Operations.
Harvest spokeswoman Kari Sawatzky refused to directly comment on the matter, but said “We’re looking at all of our opportunities right now.”