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The Galveston Bay Refinery is an oil refinery located in the Texas City, Texas Industrial Complex on the edge of Galveston Bay.It is the largest oil refinery in North America with a capacity of 631,000 barrels per day [1] and has been owned and operated by Marathon Petroleum Corporation since 2013.
The company also started oil refining. In 1924, the company discovered oil in Texas. [5] In the same year, it acquired Lincoln Oil Refining Company. This purchase included a refinery and 17 brand service stations in Indiana. Several years later, Ohio Oil acquired Transcontinental Oil, which included – in addition to refineries, storage ...
The Goose Creek field is located along the northern shoreline of Tabbs Bay, an arm of Galveston Bay, at the point where Goose Creek exits to the sea. It is directly south of the city of Baytown, and about 25 miles (40 km) east of downtown Houston. Elevations on the field range from approximately 30 feet (9.1 m) at the highest well locations ...
Additionally, the February acquisition of the 451,000 barrel-per-day Galveston Bay refinery in Texas -- right off the entrance to the Houston Ship Channel -- came in at just the right time.
Image source: The Motley Fool. Marathon Petroleum (NYSE: MPC) Q3 2024 Earnings Call Nov 05, 2024, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Galveston Bay Refinery: 631,000 Marathon Petroleum: Texas: 2 Port Arthur Refinery: 626,000 Saudi Aramco (Motiva) Texas: 3 ... natural gas, and natural gas liquids ...
Ten U.S. oil refineries, including six in Texas, released the cancer-causing chemical benzene in concentrations that exceeded federal limits last year, according to government data published by ...
Texas City is a city in Galveston County, Texas, United States, on the southwest shoreline of Galveston Bay.Texas City is a deepwater port on Texas's Gulf Coast, as well as a petroleum-refining and petrochemical-manufacturing center.