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Cenovus Energy Inc. agreed on Aug. 8 to purchase the remaining stake in the BP-Husky Toledo Refinery located in Ohio for $300 million in cash. The Canadian company has owned 50% of the refinery ...
Husky and BP arranged a joint venture in 2008 in order to develop and process Alberta bitumen through which Husky acquired a 50% share [22] in the 155,000-bpd BP-Husky Toledo Refinery in Oregon, Ohio and BP acquired a 50% share of the Husky-operated Sunrise field in Alberta.
(Reuters) -BP Plc laid off most contractors at the approximately 160,000 barrel-per-day Toledo, Ohio, refinery it owns with Cenovus Energy Inc, according to sources familiar with the matter on ...
In September 2010, Petroplus announced plans to sell its 32.62 percent stake to its partners for $91 million as PBF acquired the Paulsboro refinery from Valero Energy. [7] [8] PBF then acquired the Toledo refinery from Sunoco in December 2010 for approximately $400 million. [9] PBF went public in December 2012 with a $533 million initial public ...
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The Standard Oil Company (Ohio) was an American petroleum company that existed from 1870 to 1987. The company, known commonly as Sohio , was founded by John D. Rockefeller . [ 4 ] [ 2 ] It was established as one of the separate entities created after the 1911 breakup.
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Cenovus owns the Lima Refinery in Lima, Ohio, the Superior Refinery in Superior, Wisconsin and the Lloydminster refinery and upgrader in Lloydminster, Alberta. [18] [19] Cenovus has 50 percent ownership in two refineries in the United States: the Wood River Refinery and Borger, Texas refinery. Phillips 66 is the co-owner and operator. [20]
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