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SAN ANTONIO--(BUSINESS WIRE)-- NuStar Energy L.P. (NYS: NS) announced today that it has closed on the sale of its San Antonio refinery and related assets, including a terminal in Elmendorf, TX and ...
In late 2016, it was announced that the San Antonio, Texas based refining and logistics company Tesoro, renamed to Andeavor, would purchase Western Refining for an estimated enterprise value of $6.4 Billion. [15] Stockholders from both companies approved the proposed deal on March 24, 2017, pending approval from the Federal Trade Commission. [16]
Tesoro's corporate headquarters, completed in 2009, at San Antonio, Texas. Tesoro was founded in 1968 [6] by Dr. Robert Van Osdell West Jr (1921–2006), [7] and was primarily engaged in petroleum exploration and production. Tesoro began operating its first refinery, near Kenai, Alaska, in 1969. Tesoro became the first Fortune 500 company to be ...
Cash for Gold USA, an established gold buyer, is a top choice for selling your gold items. They offer competitive rates for a wide range of gold items, including jewelry, scrap gold and gold coins.
The sale is part of the company's effort to shed $38 billion in assets to cover the costs BP is likely to face as a result BP's Texas City Refinery on the Block (BP, MPC, MRO, VLO, TSO) Skip to ...
The Magnolia Refinery played a key role during World War II as it stepped up production and shipped oil globally. [7] By 1959, the operations of the Magnolia Oil Company had been merged entirely into SOCONY Mobil. [6] The refinery further in the ensuing decades to becomes Beaumont's largest employer and eventually Mobil's largest refinery by ...
The following year, the company expanded its operations by purchasing the Paulsboro Refinery in New Jersey from Mobil, making it the second-largest independent refiner in the U.S. [10] In 2000, Valero purchased the Benicia, California, refinery and interest in 350 Exxon-branded service stations in California, mainly in the San Francisco Bay ...
The refinery eventually will process U.S. shale oil from fields in West and South Texas, Calce said in an interview. In comparison, U.S. Gulf Coast refineries largely process medium to heavy crude.