Who owns WRB Refining?
Who owns WRB Refining?
Phillips 66
Cenovus Energy
WRB Refining LP/Parent organizations
Who owns the Wood River refinery?
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).
How big is the Wood River refinery?
2,200 acres
SIZE: 2,200 acres (approx.)
How many refineries does Phillips 66 own?
13 refineries
Refining. Our 13 refineries in the United States and Europe process crude oil and other feedstocks and focus on operating excellence, optimization, safety and increasing margins. The business has a global refining capacity of 2.2 million barrels of crude oil per day.
What is a wood refinery?
Welcome to Wood Refinery Our vision is to develop the world’s best industrial-scale technology at competitive cost to produce ethanol, chemicals and industrial sugar from woody biomass by continuously fast hydrolysis in a flow reactor with water at supercritical conditions.
When was Wood River refinery built?
1918
Built in 1918 by Shell, the Wood River Refinery produces 306,000 barrels of refined oil per day. The facility is owned jointly by ConocoPhillips and Cenovus Energy, formerly known as Encana. Their joint venture company WRB Refining, created on 1 July 2007, operates the refinery.
Can the US refine its own oil?
Most of the crude oil produced in the United States is refined in U.S. refineries along with imported crude oil to make petroleum products. Also, some of U.S. crude oil exports are refined into petroleum products in other countries, which may be exported back to, and consumed in, the United States.
Is Phillips 66 owned by Conoco?
These two companies had successful businesses before merging in 2002 to form ConocoPhillips. In 2012, ConocoPhillips separated into two stand-alone publicly traded companies, one of which is Phillips 66. Our company comprises a number of heritage, joint venture and acquired brands.
Does Phillips Petroleum still exist?
Phillips Petroleum Company, former U.S. petroleum company that merged with Conoco in August 2002 to form ConocoPhillips. Phillips was incorporated in Bartlesville, Oklahoma, in 1917 to acquire the Oklahoma and Kansas oil-producing properties of Frank and L.E. Phillips.
Can you refine wood?
Refine it into the main component parts similar to what is done with crude oil. …
Did you audit WRB Refining LP’s financial statements?
We have audited the accompanying financial statements of WRB Refining LP (WRB), which comprise the balance sheet as of December 31, 2015 and 2014, and the related statement of income, partners’ capital and cash flows for each of the three years in the period ended December 31, 2015, and the related notes to the financial statements.
Who is the owner of the Wood River Refinery?
The refinery is currently owned by Phillips 66 and Cenovus Energy and operated by the joint-venture company WRB Refining, LLC (WRB). WRB was formed on 1 July 2007, with Encana taking a 49% interest in Wood River and also Phillips 66’s Borger refinery.
What is ConocoPhillips doing in Alberta?
In return for a 49% stake in the refinery, ConocoPhillips gained a joint interest in two Alberta oil sands (bitumen) heavy oil projects: Christina Lake (Alberta) and Foster Creek. ConocoPhillips’ interest was sold to Cenovus in May 2017, leaving Cenovus the sole owner and operator of the assets.
