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In late 2016, it was announced that the San Antonio, Texas based refining and logistics company Tesoro, renamed to Andeavor, would purchase Western Refining for an estimated enterprise value of $6.4 Billion. [15] Stockholders from both companies approved the proposed deal on March 24, 2017, pending approval from the Federal Trade Commission. [16]
In March 2016, Gulf MX announced that they will put their own filling stations in Mexico, which is planned to begin operations in July of the same year to compete with the local company (as a result of the recent changes in the local laws in matter of energy and oil resources). As said by Sergio De La Vega (CEO of Gulf Mexico), in order to ...
March 28, 2016: An ash column 2,000 metres (6,600 ft) high was released from Popocateptl, prompting the establishment of a 12-kilometer "security ring" around the summit. [12] April 3, 2016 — Popocatépetl erupted, spewing lava, ash and rock. [13] April 9 to 15 – 2016 IIHF World Championship Division II Group B in Mexico City
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California's attempt to manage a smooth transition away from gasoline just got roughed up with this week's decision by Phillips 66 to shutter its refinery in Wilmington next year, wiping out more ...
April 17, 2017 – A severed flow line, from a gas well, leads to a gas explosion in a home, killing 2 people, in Firestone, Colorado. [32] [33] May 8, 2017 – Fire broke out at a tank for a fracking well near Greeley. [34] May 25, 2017 – An oil tank explosion and fire in northern Colorado killed a worker, and burned three others. [35]
The Phillips 66 refinery complex in Wilmington and Carson now produces 1.3 billion gallons of gasoline annually, which will leave a huge gap to be filled after its planned closure late next year.
Edward L. Doheny, California oil entrepreneur in Mexico Petroleum was known in Mexico before the arrival of the Spaniards and used by the natives for incense and to repair canoes. [ 10 ] In Mexico's colonial era (1521-1821), ranchers lost cattle to tar pits in the Gulf Coast Region, [ 11 ] so it was considered more of a hazard than a valuable ...