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On October 5, 2020, the sale to Irving Oil collapsed and it was announced that the Come By Chance refinery would close permanently. [ 4 ] In November 2021, the U.S. private equity group Cresta Fund Management purchased a controlling stake of the idling refinery and announced plans to convert the plant to a biofuel operation.
The Irving Whale, an oil barge owned by Irving Oil's sister firm J.D. Irving Ltd., was carrying a cargo of 4300 tons of No. 6 fuel oil for Irving Oil when it sank in the Gulf of St. Lawrence on September 7, 1970, causing a large initial oil spill and subsequent leaks for the next 26 years until it was salvaged by the federal government on July ...
The Irving Oil Refinery is a Canadian oil refinery located in Saint John, New Brunswick. It is currently the largest oil refinery in Canada, capable of processing more than 320,000 barrels (51,000 m 3 ) of crude oil per day. [ 2 ]
The spread between West Texas Intermediate and Brent, the two most widely used crude oil benchmarks, have consistently remained over $15 per barrel since July. Following the reversal of the Seaway ...
New England gets a lot of gasoline from a refinery run by Irving Oil in Saint John, New Brunswick. That also can be shipped elsewhere, so the diversion of that gasoline could send gas prices in ...
As of 2009, Syncrude and Irving Oil were leaders in the Canadian industry, with Syncrude being the top producer of oil sands crude and Irving Oil operating the largest oil refinery in the country. [5] Canadian oil company profits quickly recovered following the 2008 financial crisis; In 2009 they were down 90% but in 2010 they reached $8.4 billion.
Couche-Tard retained 36 Ultramar stations in Atlantic Canada. In June 2018, Couche-Tard and its partner Irving Oil announced that these stations would become Circle K locations with Irving as fuel supplier, and that 13 of them would be sold to Irving outright—with Couche-Tard operating them under a lease as with most other Irving locations.
Arthur Leigh Irving (born c. 1960), Vice-president for Marketing at Irving Oil. [citation needed] Jennifer Irving, educated in Switzerland. [citation needed] Emily Irving [citation needed] Sarah Irving (born c. 1985), Vice President and Chief Brand Officer of Irving Oil, she is the supposed heir to the empire. [citation needed]