Tesoro Corp. said it will try to sell its Kapolei refinery and other Hawaii assets late this year to focus more on its refining operations on the mainland, according to the Wall Street Journal.

“The offer comes after the refiner last week projected an unexpected fourth-quarter loss, citing pressure from unusually high crude oil prices in California and weakening cost advantages for Midwest crudes.”

“On Tuesday, the company said it plans to sell its 94,000 barrel-per-day Kapolei refinery on Oahu as well as 32 fuel stations and other logistical assets.”

“‘Following a comprehensive analysis, we’ve determined that our business in Hawaii does not align with our strategic focus on the Mid-Continent and West Coast, and can provide greater value for a company that will invest in the business and employees,’ President and Chief Executive Greg Goff said.”

Tesoro is one of two refineries in Hawaii. Chevron Corp. operates a 54,000 barrel-a-day plant, also in Kapolei.