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Murco Petroleum

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Murco Petroleum
IndustryOil & Gas
Founded1960 (1960)
FounderMurphy Oil Corporation
HeadquartersUnited Kingdom
Area served
United Kingdom
ProductsOil and Gas Exploration
production
Natural Gas & LNG
Trading & Transportation
Oil Refining
Chemicals
ServicesFuel Stations
Websitewww.murco.co.uk
A Murco DAF CF Tanker in Ellesmere Port. (January 2013)
A Murco DAF CF Tanker in Ellesmere Port. (January 2013)

Murco Petroleum Limited is an oil refining company based in the United Kingdom. It was set up by Murphy Oil Corporation in 1960.[1] The company owns a forecourt-based chain of convenience stores of Costcutter.[2] Murco purchased a 30% stake in Amoco’s Milford Haven Refinery in 1981, and the remaining 70% in 2007.[3]

In October 2008, the firm purchased Petrol Express Limited for £52 million from its parent company GNE Group, acquiring 63 petrol stations to bring its total to 230.[4]

It was announced in November 2014 that Milford Haven Refinery was to close with the loss of around 350 jobs.[5]

Discover more about Murco Petroleum related topics

United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is 242,495 square kilometres (93,628 sq mi), with an estimated 2020 population of more than 67 million people.

Murphy Oil

Murphy Oil

Murphy Oil Corporation is a company engaged in hydrocarbon exploration headquartered in Houston, Texas.

Convenience store

Convenience store

A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural location and are used as a convenient supplement to larger stores.

Costcutter

Costcutter

Costcutter Supermarkets Group is a business based in the United Kingdom and Ireland primarily operating as a symbol group supplier to various independently owned convenience shops and off-licences. It has operations in the United Kingdom, the Republic of Ireland and Poland. It encompasses both supermarkets and convenience shops. As of December 2006, Costcutter (Ireland) was owned by James A. Barry and Co.

Amoco

Amoco

Amoco is a brand of fuel stations operating in the United States, and owned by BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. Originally part of the Standard Oil Company trust, it focused on producing gasoline for the new automobile market. In 1911, as part of the break-up of the Standard Oil trust, it became an independent corporation. Incorporated in Indiana, it was headquartered in Chicago, and formally adopted the name Amoco in 1985. Although the Amoco Corporation merged in 1998 into BP Amoco, the Amoco name was resurrected in 2017 as a brand that service station owners could choose to use when they purchased supplies from BP in selected areas of the United States.

Milford Haven Refinery

Milford Haven Refinery

Milford Haven Refinery was an oil refinery situated on the Pembrokeshire coast in Wales, United Kingdom. The refinery began operating in 1973 under Amoco's ownership, but in its final years it was owned by Murco Petroleum. The closure of the refinery was announced in November 2014. The site was sold to Puma Energy in 2015 for use as a petroleum storage and distribution terminal.

Source: "Murco Petroleum", Wikipedia, Wikimedia Foundation, (2022, November 26th), https://en.wikipedia.org/wiki/Murco_Petroleum.

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References
  1. ^ "Murco". Murphy Oil Corporation. 7 March 2013. Retrieved 7 March 2013.
  2. ^ "Murco Petroleum". htec.co.uk. 20 September 2012. Retrieved 20 September 2012.
  3. ^ "Refining and Distribution". Murco in the UK. Murco Petroleum Ltd. 30 September 2011. Archived from the original on 30 September 2011. Retrieved 11 October 2011.
  4. ^ "Murco buys Petrol Express". News. forecourttrader.co.uk. 30 October 2008. Retrieved 11 May 2010.
  5. ^ "Murco refinery sale collapses". BBC. 5 November 2014. Retrieved 11 November 2014.
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