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In May 2021, HollyFrontier agreed to purchase the Shell Anacortes Refinery near Anacortes, Washington, with capacity of 149,000 bbl/d, for $350 million. [11] In August 2021, HollyFrontier agreed to purchase the assets of Sinclair Oil Corporation, including its two refineries near Casper, Wyoming, and Sinclair, Wyoming, for $2.6 billion. [12]
In August 2021, HollyFrontier announced the acquisition of Sinclair Oil. A new company named HF Sinclair Corporation would be formed in 2022. Under the agreements, Sinclair Oil's branded marketing business and all related commercial activities and its refineries and related operations and assets in Casper and Sinclair, Wyoming, would be ...
Frontier Oil was an energy company, originally based in Canada, that moved to the United States. Its headquarters were located in Houston, TX, [1] and its subsidiary company, Frontier Refining & Marketing, Inc., is located in Denver, Colorado.
HollyFrontier (NYS: HFC) carries $180.4 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Shell sold the Puget Sound Refinery to the HollyFrontier in 2021 for $350 million. [ 9 ] [ 2 ] As of 2022 it has a capacity of 149,000 barrels a day and serves customers in the Pacific Northwest, including British Columbia, as well as the major international air and sea ports in the region.
HollyFrontier Cheyenne Refining, LLC v. Renewable Fuels Association , 594 U.S. ___ (2021), was a United States Supreme Court case dealing with exemptions from blending requirements for small refineries set by the Renewable Fuel Standard program.
It is run by HollyFrontier and has a crude distillation unit with a capacity of 135,000 barrels per day (21,500 m 3 /d). See also. Oil refinery; Petroleum;
"Her Words Destroyed My Planet" came fairly late in the recording process, after the band had nearly the full album recorded. [1] The song follows past singles such as "The Future Freaks Me Out" and "Everything Is Alright" with quirky, pop culture-referencing lyrics masking personal introspection. [1]