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Established in 1993, ENOC is a wholly owned company of the Government of Dubai, through the Investment Corporation of Dubai. [1] In 1999 ENOC opened its first oil refinery, which produced 120,000 barrels per day (19,000 m 3 /d) and cost about AED 1.5 billion.
In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc. In 2007, the company became a public company via an initial public offering. [2] In 2008, the company acquired Henry Petroleum for $584 million. [3] In 2010, the company acquired assets in the Permian Basin from Marbob Energy Corporation for $1.65 billion. [4]
The company was established as Oliver Prospecting & Mining Co. Limited in Ireland by Oliver Waldron in 1971. [4] It changed its name to Dragon Oil in 1993 and invested in the Cheleken oilfield. [5] The Emirates National Oil Company bought a majority stake in the company in 1999 and the headquarters were moved to Dubai that same year. [6]
Western Refining, Inc., is a Texas-based Fortune 200 [8] and Global 2000 [9] crude oil refiner and marketer operating primarily in the Southwestern, North-Central and Mid-Atlantic regions of the United States.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
It purchased the small petroleum companies Panhandle Oil Co. in 1956 and the American Liberty Co. of Dallas in 1957, in order to begin actual operations In June 2000, Fina Oil & Chemical Co. was renamed Atofina Petrochemicals Inc. and the headquarters moved to Houston Texas. [1] In 1963, the company acquired Cogsden Petroleum Corp.
Marathon Petroleum purchased its original 84,000 bpd Texas City Refinery from Plymouth Oil Company in 1962. What remains operating today is an integrated part of the Galveston Bay Refinery, nicknamed Bay Plant. It was established in 1931 by Republic Oil Refining Company and sold to Plymouth Oil Company in 1957. [2] In 2005, the refinery could ...
Union Oil, for many years based in El Segundo, California, introduced "76" gasoline in 1932. The name referred to the 1776 United States Declaration of Independence, and was also the octane rating of the gasoline in 1932. [13] 76 signs are orange balls with a 76 legend in blue. During the 1960s and '70s, most stations had the 76 ball rotate ...