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Premcor (formerly NYSE symbol PCO) was a Fortune 500 oil refinery group based in Greenwich, Connecticut. It operated five refineries, which are located in Port Arthur, Texas ; Memphis, Tennessee ; Lima, Ohio ; Hartford, Illinois ; and Delaware City, Delaware with a combined crude oil volume processing capacity of approximately 768,120 barrels ...
In 1999, the company sold its retail unit and rebranded itself as Premcor. In 2001, many Clark stations in southeast Michigan were closed permanently. In 2003, Clark Brands, LLC was formed and purchased the Clark brand and other portions of the Clark business, with a primary goal to license the Clark brand to independent operators. [2]
On April 25, 2005, the company purchased Premcor, Inc., for $8 billion. [14] In June 2005, Valero announced that it was beginning a two-year process of converting Diamond Shamrock stations to the Valero brand. [15] And in 2008, the company bought 72 Albertsons gas stations. [16]
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 Delaware City Refinery, currently owned by Delaware City Refining Corporation, a subsidiary of PBF Energy, is an oil refinery in Delaware City, Delaware.When operational it has a total throughput capacity of 210,000 barrels per day (33,000 m 3 /d), [1] [2] and employs around 570 individuals.
He was on the board of directors of the American Petroleum Institute, Lyondell Chemical Company, Premcor and Washington Mutual. [4] As of August 2016, he was reported to be worth over US$128 million, due to his stock holdings in Occidental Petroleum and other companies. [8]
Port Arthur is a city in the U.S. state of Texas, 90 mi (140 km) east of Houston.Part of the Beaumont–Port Arthur metropolitan area, Port Arthur lies primarily in Jefferson County, with a small extension in Orange County.
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers.