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The Pine Bend Refinery is the largest oil refinery in Minnesota, located in the Twin Cities suburbs of Rosemount and Inver Grove Heights next to southern split of U.S. Highway 52 and Minnesota State Highway 55. The refinery is notable for being the largest in the United States to be located in a state without any oil wells.
Wood River Oil and Refining Company was renamed Koch Industries in 1968 in honor of Fred Koch, the year after his death. [27] [28] At that time, it was primarily an engineering firm with a 35% interest in Great Northern Oil Company, which owned the Pine Bend Refinery in Minnesota, a crude oil-gathering system in Oklahoma, [16] and some cattle ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
Pure Oil Company was a major American petroleum company founded in 1914. History. Early history Postcard showing a Pure Oil station and a lunch counter, ca. 1930-1945
Ohio oil production peaked in 1896 at 24 million barrels, but Ohio continued as the leading oil state until 1902, when that title was taken by Oklahoma. [4] The Trenton limestone produced more than 380 million barrels of oil and 2 trillion cubic feet of gas, peaking in 1896 at 23.9 million barrels of oil.
On June 21, 1917, the company was re-organized as Humble Oil and Refining Company and incorporated with a capitalization of $1 million. [7] William Stamps Farish II (1881–1942), was the primary organizer. Farish served as vice president for five years and, in 1922, he became the president of Humble Oil and Refining Co.