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In June 2005, Valero announced that it was beginning a two-year process of converting Diamond Shamrock stations to the Valero brand. [15] And in 2008, the company bought 72 Albertsons gas stations. [16] In 2009, it was reported that Valero lost an average $1 million per day since the beginning of the year. [17]
Kinder Morgan also stores or handles a variety of products and materials at their terminals such as gasoline, jet fuel, ethanol, coal, petroleum coke, and steel. [ 4 ] The company has approximately 72,000 miles (116,000 km) of natural gas pipelines [ 5 ] and is the largest natural gas pipeline operator in the United States, moving about 40 ...
In 2008, XTO Energy began supporting Navarro College's petroleum technology certificate program. [28] Since 2009, XTO Energy has partnered with Habitat for Humanity to build homes in Fort Worth. [29] In 2010, XTO Energy and ExxonMobil gave a $5 million grant to Colorado State University to fund studies on the impact of oil and gas drilling on ...
Stated succinctly, coke is the "carbonization product of high-boiling hydrocarbon fractions obtained in petroleum processing (heavy residues)". [1] Petcoke is also produced in the production of synthetic crude oil (syncrude) from bitumen extracted from Canada's oil sands and from Venezuela's Orinoco oil sands .
In 1976, the company was founded as Lomak Petroleum, based in Hartville, Ohio. The company drilled wells in eastern Ohio. In 1992, the company moved its headquarters to Fort Worth, Texas. In 1997, the company acquired American Cometra for $385 million, which owned properties in the Permian Basin. [2]
This petroleum coke can either be fuel grade (high in sulphur and metals) or anode grade (low in sulphur and metals). The raw coke from the coker is often referred to as green coke. [1] In this context, "green" means unprocessed. The further processing of green coke by calcining in a rotary kiln removes residual volatile hydrocarbons from the ...
A coke oven at a smokeless fuel plant, Abercwmboi, South Wales, 1976. The industrial production of coke from coal is called coking. The coal is baked in an airless kiln, a "coke furnace" or "coking oven", at temperatures as high as 2,000 °C (3,600 °F) but usually around 1,000–1,100 °C (1,800–2,000 °F). [2]
Richardson was a cattle trader who established an independent oil production business in Fort Worth in 1919. [127] He soon expanded into numerous businesses and owned the Texas City Refining Company, cattle ranches, radio and television networks, among other businesses.