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Revision as of 16:19, 18 March 2020
This article needs additional citations for verification. (August 2018) |
Company type | Subsidiary |
---|---|
Industry | Petroleum refining and marketing |
Founded | 1987 |
Headquarters | St. John's, Newfoundland |
Website | www |
North Atlantic Refining is a petroleum company based in Newfoundland and Labrador, Canada. The company operates the Come By Chance Refinery in Come By Chance that refines 130,000 barrels (21,000 m3) of oil per day. The refinery contributes over $300M in GDP annually to the local economy.
History
The Vitol Group acquired North Atlantic Refining in 1994.[1]
In 2006 Harvest Energy Trust purchased North Atlantic Refining and related businesses for CDN$1.6 billion from Vitol Refining Group B.V.[2]
In 2014 North Atlantic Refining Ltd. was sold to New York merchant bank SilverRange Financial Partners for a C$97.3 million ($85.52 million).[3] The sale included 53 North Atlantic and Home Town branded gasoline stations, as well as convenience stores and 14 Orangestore branded locations.[4]