North Atlantic Refining
 | |
| Type | Subsidiary |
|---|---|
| Industry | Petroleum refining and marketing |
| Founded | 1994 |
| Headquarters | St. John's, Newfoundland |
| Website | northatlanticrefining |
North Atlantic Refining Ltd. is a petroleum company based in Newfoundland and Labrador, Canada.
History[]
In August 1994, the Vitol Group purchased the Come By Chance Refinery from Newfoundland Processing Ltd. and the operating company North Atlantic Refining Ltd. was founded.
In October 2006, Harvest Energy Trust purchased North Atlantic Refining for $1.6 billion, and in October 2009, the company was purchased by Korea National Oil Corporation.[1]
In 2014, it was acquired by SilverRange Capital Partners, a New York-based alternative asset manager.[2]
On May 28, 2020, Irving Oil announced that it was in negotiations to purchase the refinery.[3] On October 5, 2020, the sale to Irving Oil collapsed and it was announced that the Come By Chance refinery would close permanently.[4]
External links[]
References[]
- ^ "Harvest Energy Pays C$1.6B for Vitol's North Atlantic Refining" (PDF). nlrefining.com. August 23, 2006. Archived from the original (PDF) on 2006-12-09.
- ^ "History of the Refinery at Come by Chance". North Atlantic Refining. Archived from the original on 2016-06-11. Retrieved 2010-01-24.
- ^ "Irving will reopen dormant Come By Chance oil refinery, minister says". cbc.ca. May 28, 2020.
- ^ "North Atlantic oil refinery in Come By Chance to close permanently". cbc.ca. October 5, 2020.
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- Oil companies of Canada
- Companies based in St. John's, Newfoundland and Labrador
- Non-renewable resource companies established in 1994
- Petroleum company stubs
- Newfoundland and Labrador stubs