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Tesoro's Anacortes Refinery at March Point in Puget Sound, southeast of Anacortes, Washington State. Having taken over BP installations, researchers at the Political Economy Research Institute identified Tesoro as being the 24th-largest corporate producer of air pollution in the United States, releasing roughly 3,740,000 lb (1,700 t) of toxic chemicals annually. [22]
Phillips 66 announced Wednesday that it will close its Wilmington-area refinery complex next year but will work with the state to continue supplying fuel to consumers.
Giant Industries was acquired by Western Refining in 2007, which was acquired by Tesoro Corporation in 2017 to form Andeavor. In 2018, Andeavor was acquired by Marathon Petroleum . After the acquisition, the Giant brand was phased out and stores were converted to Marathon's now-former subsidiary, Speedway (Speedway was acquired by Seven & I ...
The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state's crude oil processing capacity. Another refinery shuts down in ...
The Phillips 66 refinery complex in Wilmington and Carson now produces 1.3 billion gallons of gasoline annually, which will leave a huge gap to be filled after its planned closure late next year.
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 ...
Phillips 66 Wilmington area's oil refinery complex is set to close in 2025, but the fate of its longtime jack-o'-lantern tank is unknown.
Pennsylvania, Ohio and West Virginia engaged in a tax competition for the plant. In 2012, Pennsylvania structured a deal requiring Shell to invest at least $1 billion in Pennsylvania and create at least 2,500 construction jobs in exchange for a 25-year tax incentive of $66 million per year and tied to production, reducing Shell's tax by up to 20 per cent.