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Portland Council Divided on Oil Terminal Sale | Portland News
Portland’s City Council is in a heated standoff over transferring control of a major oil terminal, as Zenith Holdings seeks to sell its franchise to I Squared Holdings — a move staff say should hinge only on buyer qualifications. But council members are pushing for environmental safeguards, especially after Zenith sued the city over delays. Over fifty community voices, including longtime environmental opponents, demanded stronger conditions before the sale. I Squared countered by pledging full commitment to renewable fuels and positioning itself as a sustainability-focused alternative to…
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