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The single remaining refinery in Hawaii now also includes refining assets previously owned and operated as "Hawaii Refinery" by Chevron Corporation with up to 54,000 bbl/d (8,600 m 3 /d) in additional capacity. Chevron sold their Hawaii Refinery to newly formed Island Energy Services LLC in 2016, and IES sold the refining assets to Par Hawaii ...
The Magnolia Refinery played a key role during World War II as it stepped up production and shipped oil globally. [7] By 1959, the operations of the Magnolia Oil Company had been merged entirely into SOCONY Mobil. [6] The refinery further in the ensuing decades to becomes Beaumont's largest employer and eventually Mobil's largest refinery by ...
In July 2013 Western Refining hoped to raise $287.5 million in a public stock offering for its recently formed pipeline and storage subsidiary, Western Refining Logistics (WNRL). The subsidiary, formed as a limited partnership, will operate, develop, and acquire terminals, storage tanks, pipelines and other logistic assets, the company reported ...
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these products are transported to end users or other storage facilities. [1]
In 1941, Phillips Petroleum established a refinery and tank farm in the town of Old Ocean, about 30 miles inland. The location chosen was primarily as protection from enemy naval attack. They connected to the Freeport harbor via pipeline to load ships from their own terminal. 2019 saw the completion and activation of the Phillips 66 NGL ...
August 2006: Acquired of Refining Equipment, Pipelines, Storage Tanks and Terminals From Pride Companies [16] October 2011: Acquired sole ownership of Lion Oil Company, with a refinery, pipeline and other refining, product terminal, and crude oil pipeline assets in and around El Dorado, Arkansas, and product terminals in Memphis and Nashville ...
Acquisitions expanded refining capacity from 72,000 barrels per day (11,400 m 3 /d) to approximately 664,000 barrels per day (105,600 m 3 /d). Prior to its acquisition by Marathon Petroleum in 2018, Tesoro was the third-largest independent petroleum refining and marketing company in the United States. The merger between the two companies formed ...
In June 2020, HollyFrontier announced its Cheyenne refinery will cease processing petroleum, instead shifting production solely to renewable fuel, with the loss of approximately 200 workers. [ 10 ] In May 2021, HollyFrontier agreed to purchase the Shell Anacortes Refinery near Anacortes , Washington , with capacity of 149,000 bbl/d, for $350 ...