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In February 2009, Dana Gas and Crescent Petroleum transferred their participating interests to Pearl Petroleum Company Limited, a joint venture company owned equally by Dana Gas and Crescent Petroleum. [3] Later that year, OMV of Austria and MOL of Hungary, two major European energy companies, each became 10% shareholders in Pearl Petroleum.
Marathon Petroleum purchased its original 84,000 bpd Texas City Refinery from Plymouth Oil Company in 1962. What remains operating today is an integrated part of the Galveston Bay Refinery, nicknamed Bay Plant. It was established in 1931 by Republic Oil Refining Company and sold to Plymouth Oil Company in 1957. [2]
Not long after the explosion and the other accidents at Texas City in 2005, however, BP's image in the U.S. was further tarnished by the near-sinking of the semi-submersible oil platform Thunder Horse PDQ in July of the same year [167] and, more crucially, in March 2006 when an oil pipeline spill was discovered in Prudhoe Bay, Alaska, while ...
Petroleum in Texas — oil and gas resources, ... Magnolia Petroleum Company (5 P) O. ... Texas City refinery explosion;
Dana Gas PJSC is a publicly traded natural gas company, based in Sharjah, United Arab Emirates (UAE). Incorporated and listed on the Abu Dhabi Securities Exchange in 2005, Dana Gas is the largest non-government owned natural gas company in the Middle East, with operations in Egypt, Iraqi Kurdistan, and the UAE.
The Pearl GTL is a gas to liquids (GTL) plant based in Ras Laffan, Qatar. It converts natural gas into liquid petroleum products. It is the largest GTL plant in the world. [1] [2] The first commercial shipment from the Pearl GTL was made on 13 June 2011. [3] Pearl GTL received the 2021 "Asset of the Year" award by Shell. [4]
United Gas Corporation was a major oil company from its inception in 1930 to its hostile takeover and subsequent forced merger with Pennzoil in 1968. [6] [7] [8] Headquartered in Shreveport, Louisiana, United and its major subsidiaries, Union Producing Company, United Gas Pipeline Company, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production ...
Texas Company Building at 1111 Rusk St. in Houston. The company moved to larger facilities in 1989 "The Texas Company" Galveston station, c. 1910-20. Texaco was founded in Beaumont, Texas as the "Texas Fuel Company" in 1902, [6] by Jim Hogg, Joseph S. Cullinan, John Warne Gates, and Arnold Schlaet.