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The Irving Oil Refinery is a Canadian oil refinery located in Saint John, New Brunswick. It is currently the largest oil refinery in Canada, capable of processing more than 320,000 barrels (51,000 m 3 ) of crude oil per day. [ 2 ]
Quebec provides about a quarter of Vermont's hydro power, a third of its heating oil, kerosene, propane, diesel fuel, and gasoline, and 100% of its piped natural gas, Cota said.
In 1987, Irving Oil sued the federal government for $141 million, citing the amount as being "taxes and interest" which were "wrongly assessed against the company from 1971-75." In response, the government alleged that Irving Oil used a "sham" price system to "hide swollen profits from Revenue Canada, which has disallowed the company's claimed ...
The wholesale price of propane in the summer of 2018 was between 86 cents to 96 cents per U.S. gallon, based on a truckload or railway car load. The price for home heating was exactly double that price; at 95 cents per gallon wholesale, a home-delivered price was $1.90 per gallon if ordered 500 gallons at a time.
On October 5, 2020, the sale to Irving Oil collapsed and it was announced that the Come By Chance refinery would close permanently. [ 4 ] In November 2021, the U.S. private equity group Cresta Fund Management purchased a controlling stake of the idling refinery and announced plans to convert the plant to a biofuel operation.
The Irving Group of Companies is an informal name given to those companies owned and controlled by the Irving family of New Brunswick—descendants of Canadian industrialist K.C. Irving: his sons James K. (1928–2024), Arthur (1930–2024), and John (1932–2010), and their respective children.
The Irving Oil Home Office sits on 10 King Square South, [2] located next to King's Square in Saint John, New Brunswick. [3] Measuring at a height of 11 storeys, [4] it was built on one of their employee parking lots, [5] with an area of 18,581 m 2 (200,000 sq ft), [6] and a height of approximately 56.6 m (186 ft). [7]
AmeriGas was founded in 1959. In October 2008, it acquired the propane assets of Penn Fuel Propane for $32 million. [4]In January 2012, it acquired Heritage Propane from Energy Transfer Partners for approximately $1.46 billion in cash and $1.32 billion in common units and the assumption of debt.
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