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Paramount Petroleum Corporation was headquartered in Paramount, Los Angeles County, California. [1] It operated a refinery at that location, and was the largest seller of asphalt in California. [1] Paramount also operated a refinery near Portland, Oregon, as well as several marketing terminals in the Western United States. [1]
Bluhdorn appointed himself as chief executive officer, chairman, and president of Paramount and promoted Martin S. Davis to chief operating officer and executive vice president. The acquisition of Paramount was a significant move in Gulf and Western's diversification strategy and allowed the company to expand into the entertainment industry.
The Billings Refinery is an American oil refinery located in Billings, Montana, owned and operated by Par Pacific Holdings which took over operations from ExxonMobil on June 1, 2023. [1] ExxonMobil previously announced on October 20, 2022, that it would sell the refinery to Par Pacific with the sale expected to complete in the second quarter of ...
Newsom's last-minute proposal, his office said, would allow his administration to require that petroleum refiners maintain a stable inventory in order to prevent fuel shortages and price spikes ...
Since 2001, the Company has completed multiple acquisitions in the refining, marketing & logistics, and convenience store industries. [citation needed]Today, Delek is a diversified downstream energy company with assets in petroleum refining, logistics, asphalt, renewable fuels, and convenience store retailing.
Opening of the California Carson Oil Refinery in 1938. [12] The Richfield Oil Corp was the first to discover commercial quantities of oil in the state of Alaska. This occurred in 1957 on the Kenai Peninsula. [13] [14] Richfield's success at Kenai helped push their leasing tracks at Prudhoe Bay, which later served to benefit ARCO. [15]
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
Paramount Resources Ltd. is a Canadian petroleum company, founded in 1976. [1] The company is involved in the exploration , development, production, processing, transportation and marketing of natural gas and its byproducts and crude oil.