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Little was known of Burt Refining's origins other than George A. Burts was the owner and was rumored to have been an agent of John D. Rockefeller. [5] In 1909, the State of Texas seized the refinery as an illegal affiliate of Standard Oil and sold in an auction to Magnolia Petroleum Co. [ 5 ] The refinery became Texas's third largest by 1920 ...
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Energy Transfer owns controlling interests in Sunoco LP.It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.
In 2003, it acquired the Canadian unit of the American-based Marathon Oil Corporation. [13] [14] In November 2017, Husky acquired the a refinery in Superior, Wisconsin from Calumet Specialty Products Partners LP for $492 million. [15] [16] In 2019, the company dropped a bid to acquire MEG Energy after failing to get shareholder support. [17]
Focus unit-holders ended up owning 20% of the merged entity. Focus primarily specialized in natural gas production. In 2010, Enerplus sold their Kirby oilsands leases for $400 million, as a move of the company away from the oilsands. [ 9 ]
Occidental Petroleum (NYSE: OXY), which normally just goes by its ticker Oxy, is a big player in the energy sector. But when you compare it to the industry giants, well, it is still kind of small.
NEW YORK (Reuters) -A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public about their products, and their commitment to renewable ...
The other four (Broom, Heather, Thistle and Deveron) were part-owned by Lundin Petroleum prior to the creation of EnQuest and are capable of producing 24,000 barrels per day (3,800 m 3 /d). [4] EnQuest is the operator of each field; its financial interests are as follows: [ 5 ] In November, 2013, EnQuest were granted permission to develop the ...