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In February 2009, Dana Gas and Crescent Petroleum transferred their participating interests to Pearl Petroleum Company Limited, a joint venture company owned equally by Dana Gas and Crescent Petroleum. [3] Later that year, OMV of Austria and MOL of Hungary, two major European energy companies, each became 10% shareholders in Pearl Petroleum.
Texas Company Building at 1111 Rusk St. in Houston. The company moved to larger facilities in 1989 "The Texas Company" Galveston station, c. 1910-20. Texaco was founded in Beaumont, Texas as the "Texas Fuel Company" in 1902, [6] by Jim Hogg, Joseph S. Cullinan, John Warne Gates, and Arnold Schlaet.
The company expanded by buying oil pipelines from mainstream petroleum companies. In 1942, the company purchased Indiana Pipe Line. In 2004, its $517 million acquisition of refined petroleum pipelines and terminals from Shell was approved by the Federal Trade Commission. [9] Buckeye manages over 6,200 miles (10,000 km) of petroleum pipelines ...
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]
The Motiva refinery is an oil refinery located in Port Arthur, Texas. It is the third largest oil refinery in the United States. The first processing units of the Port Arthur Refinery were constructed in 1902 by the Texas Company, later Texaco. The roots of this refinery can be traced to the Spindletop oil boom near Beaumont, Texas. It came ...
The Pearl GTL is a gas to liquids (GTL) plant based in Ras Laffan, Qatar. It converts natural gas into liquid petroleum products. It is the largest GTL plant in the world. [1] [2] The first commercial shipment from the Pearl GTL was made on 13 June 2011. [3] Pearl GTL received the 2021 "Asset of the Year" award by Shell. [4]
United Gas Corporation was a major oil company from its inception in 1930 to its hostile takeover and subsequent forced merger with Pennzoil in 1968. [6] [7] [8] Headquartered in Shreveport, Louisiana, United and its major subsidiaries, Union Producing Company, United Gas Pipeline Company, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production ...
Par Pacific Holdings, Inc., a company whose headquarters are in Houston, Texas, owns operations in oil and production and midstream operations. Par Pacific owns the largest operating refinery in Hawaii which has a 94,000-bpd capacity, this distributes to 90 proprietary and additional independent retail locations under the Hele and 76 brands.