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In 1968, Sun Oil merged with Tulsa, Oklahoma–based Sunray DX Oil Company, which refined and marketed fuel under the DX brand in several midwestern states, and included several refineries. [16] Its Tulsa refinery was operated by the company until its sale in June 2009 to Holly Corporation of Dallas. [ 17 ]
In 1999 ENOC opened its first oil refinery, which produced 120,000 barrels per day (19,000 m 3 /d) and cost about AED 1.5 billion. [ 5 ] In 2019, ENOC presented two new digital ventures under its accelerator program Next, which was launched the same year: Enoc Link, an automotive refueling service and Beema, an online vehicle insurance service.
In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc. In 2007, the company became a public company via an initial public offering. [2] In 2008, the company acquired Henry Petroleum for $584 million. [3] In 2010, the company acquired assets in the Permian Basin from Marbob Energy Corporation for $1.65 billion. [4]
It purchased the small petroleum companies Panhandle Oil Co. in 1956 and the American Liberty Co. of Dallas in 1957, in order to begin actual operations In June 2000, Fina Oil & Chemical Co. was renamed Atofina Petrochemicals Inc. and the headquarters moved to Houston Texas. [1] In 1963, the company acquired Cogsden Petroleum Corp.
The company announced major discoveries in 2010 in the Eagle Ford Group. [15] In May 2011, the company sold gas-producing properties in South Texas and New Mexico for $637 million. [16] In December 2014, the company sold its assets in Canada. [17] [18] Also in December 2014, founder Mark G. Papa resigned from the board of directors. [19]
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
Western Refining, Inc., is a Texas-based Fortune 200 [8] and Global 2000 [9] crude oil refiner and marketer operating primarily in the Southwestern, North-Central and Mid-Atlantic regions of the United States.
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.