Imperial Oil refinery in Dartmouth to close

Imperial Oil is closing its refinery inDartmouth and converting it into a marine terminal.

The company said it could not find a buyer for its facility near Woodsideto continue operating as a refinery.

Vice-president Gilles Courtemanche told reporters there is too much oil on the market and the facility is too small.

It will refine its last barrel later this year.

Imperial Oil saidit will do all it can to protect the environment while it takes apart the facility.

About 400 people have work ties to the refinery, which has operated for the past 95 years. About 80 employees will eitherretire or stay on.The companysaid the rest will be offered work elsewhere in Canada.

The refinery produces most of the gasoline sold in Nova Scotia.