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American petroleum refining largely grew out of oil shale refining. When the Drake Well started producing in 1859, the oil shale industry was growing rapidly, and establishing refineries near cannel coal deposits along the Ohio River Valley. As oil production increased, the oil shale refiners discovered that their refining process worked just ...
When first operational, Cherry Point had a capacity of about 100,000 barrels (16,000 m 3); it currently processes over 225,000 barrels (35,800 m 3) of petroleum (crude oil) per day, with 90% becoming gasoline, diesel or jet fuel. [7] It covers about 3,300 acres (5.2 sq mi; 13 km 2). [8] Most of Cherry Point's crude oil is from the Alaska North ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
The Wood River Refinery is an oil refinery located in Roxana, Illinois, approximately 15 miles (24 km) north of St. Louis, Missouri, on the east side of the Mississippi River. The refinery is currently owned by Phillips 66 and Cenovus Energy and operated by the joint-venture company WRB Refining, LLC (WRB).
Emory Clark sold his interest in the company in 1981 to Apex Oil, a St. Louis, Missouri–based company. In 1985, Apex decided to sell Clark Oil. By 1987, Clark and Apex were bankrupt. [1] In 1992, a division of Toronto-based Horsham Corp. bought Clark Oil and Refining, which included the two refineries and around 1,000 gas stations.
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