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Beacon Oil was established by the Massachusetts Gas Companies in 1919. The company entered signed a contract to purchase crude oil from the Atlantic Gulf Oil Corporation and began construction on a refinery in Everett, Massachusetts. [1]
Global was founded in 1933 as a single truck heating oil distributor. Since then, it has grown through the acquisitions of gasoline stations, convenience stores, pipelines, and storage terminals. [4] March 2012 - Global Partners acquired Alliance Energy, another company owned by the Slifka family that operated gas stations in the Northeast. [5]
A circa-1960s aerial view showing Mystic 4–6 in operation. In the mid 1990s, the state of Massachusetts began to deregulate the electrical market. [4] This led to the sale of the Mystic Generating Station to Sithe Energies who started a large capital investment in the construction of Mystic 8 and 9 which was completed in 2003. [5]
A Gulf station cobranded with 7-Eleven in Ellwood City, Pennsylvania, 2010. This store switched to Marathon for fuel sales while retaining 7-Eleven in 2021. In June 2008, Gulf had 1800 stations in the northeastern US; Gulf Oil LP agreed to supply the approximately 600 Exxon stations in New England and New York in a deal with ConocoPhillips.
Since 2001, the Company has completed multiple acquisitions in the refining, marketing & logistics, and convenience store industries. [citation needed]Today, Delek is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels, and convenience store retailing.
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The power station began operations in the 1960s and was one of the largest in New England, standing on a 306-acre site. [5] The plant had 262 full-time staff, with four power generating units powering in the region of 1.5 million homes using coal, natural gas and oil as its fuel sources.
The Canal Generating Plant is a petroleum and natural gas electrical power station in Sandwich, Massachusetts. Canal 1, a baseload unit, began operation in 1968 and was for many years the most efficient oil burning plant in the US. Canal 2, a cycling unit began operation in the mid-1970s.
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