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Element Fuels Holdings, a Dallas-area startup proposing to build the first all-new U.S. oil refinery in nearly 50 years, on Thursday said it was relaunching efforts to build a large plant in South ...
The single largest concentration of refineries is along the Gulf Coast. [10] Although there are refineries in 30 states, just three states dominate US refining: Texas (47 operating refineries), Louisiana (19), and California (18). As of January 2015, these three states contain 45% of all US refineries and 59% of all US refining capacity. [11]
It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1996 by Ray Davis and Kelcy Warren, who remains Executive Chairman. [2] [3] As of 2023, the company owns or operates more than 125,000 miles (201,000 km) of pipelines throughout the U.S., making it one of the largest midstream companies in the ...
The company built the Baytown Refinery, which became Texas' largest refining operation. In the post-World War II period, Humble became the largest crude oil transporter in the United States, and built pipelines connecting Baytown to Dallas-Fort Worth and West Texas to the Gulf of Mexico. [49]
The Magnolia Petroleum Company was an early twentieth-century petroleum company in Texas. The company was established in 1911, being later acquired by the Standard Oil of New York , which operated it as a wholly-owned subsidiary until its demise in 1959.
In recent years, the Dallas–Fort Worth metroplex has also attracted many other large companies such as Toyota, State Farm, JPMorgan Chase and Core-Mark. In 2019, Charles Schwab announced it would be relocating its San Francisco headquarters to Westlake , a suburb of Fort Worth .
The company, first known as Trinity Steel, was founded by C. J. Bender in Dallas in 1933. W. Ray Wallace, an engineering graduate of Louisiana Tech, worked for Dallas's Austin Bridge Company in 1944 before joining the company in 1946 as its seventeenth employee. At the time Trinity Steel manufactured butane tanks in a Dallas County mule barn.
The company operates seven complex oil refineries with a total crude oil processing capacity of 678,000 barrels per stream day. It has facilities in Cheyenne, Wyoming (52,000 barrels per day), El Dorado, Kansas (coking refinery - 135,000 bbl/d), Artesia, New Mexico (100,000 bbl/d), Tulsa, Oklahoma (125,000 bbl/d), Woods Cross, Utah (45,000 bbl ...