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Par Petroleum closes on $107M purchase of Hawaii's Mid-Pac Petroleum

2015-04-02 11:28:47| Airlines - Topix.net

Par Petroleum has closed on the purchase of Mid-Pac Petroleum, the exclusive licensee of the "76" brand in Hawaii Par Petroleum Corp., which owns Hawaii's largest oil refinery, has completed the $107 million purchase of the parent company of Honolulu-based Mid-Pac Petroleum , including 85 retail outlets and four terminals in the state, the Houston-based company said Wednesday. Mid-Pac Petroleum, formerly owned by Kokooha Investments Inc., is the exclusive licensee of the "76" gasoline brand in Hawaii.

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Global Petroleum Show: OMAX 60120 JetMachining Center Heightens Complex-Part Processing Capabilities

2015-03-31 12:31:15| Industrial Newsroom - All News for Today

KENT, Wash.,  OMAX Corporation will showcase the fast, precise cutting performance of the OMAX 60120 JetMachining Center in booth 1694 at the Global Petroleum Show in Stampede Park in Calgary. OMAX will pair the machine with a 50 hp EnduroMAX Pump, A-Jet cutting head and Rotary Axis to demonstrate its ability to...

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The Petroleum Club opens its doors

2015-03-28 14:56:22| Chemicals - Topix.net

The new Petroleum Club is almost settled in to its new multi-million-dollar home on the top floor of Total Plaza, after recently moving from the former Exxon Mobil building at 800 Bell. The new space has a cigar bar, an expansive kitchen with a chef's table and just like in the old space, a collection of geodes on loan from Houston's Museum of Natural Science.

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February Petroleum Demand Highest Since 2008 (Includes Monthly Statistical Report)

2015-03-24 05:58:23| oilandgasonline News Articles

Total U.S. petroleum deliveries (a measure of demand) rose 1.5 percent from February 2014 to average 19.3 million barrels per day. This was the highest February demand since 2008.

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Woodside Petroleum cuts 300 jobs and freezes pay

2015-03-24 03:30:14| Energy - Topix.net

Woodside Petroleum is cutting 300 jobs and freezing pay as the energy giant slashes expenditure following a plunge in the oil price. It said some roles would change as a halving in the oil price over the past year had put pressure on its bottom line and prompted it to accelerate efficiency plans.

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