As of February 2020, Circle K has 9,799 stores in North … For Irving, the deal extends its reach from eastern Canada to the western European market. "The agreement with NARL Holdings US LP for the purchase of the business commonly referred to as North Atlantic Refinery Limited has been terminated. "We're going to continue to carry on," said Abram Lutes. Privately owned Irving Oil had committed to cut its carbon emissions by 17 percent from the 2005 levels by 2020, but earlier this year it deleted this commitment from its website. “There is plenty of lighter, easier to refine oil coming out of new sources such as Bakken oil shale in the US. By Richard Valdmanis (Reuters) - Irving Oil, operator of Canada’s largest oil refinery, has abandoned a pledge to cut carbon output by 17% from 2005 levels by 2020, replacing it instead with a goal to keep its performance on climate change competitive with rivals, according to documents reviewed by Reuters. Irving Resources, Inc. engages in the exploration of gold. Top Oil is a family-owned business with a 200-year trading history. Named one of Canada’s Top 100 Employers in 2017 and 2018, Irving Oil has a strong customer and community focus and is committed to future growth. Irving intends to re-start the 135 kb/d refinery, currently idled amidst weak refined product demand due to the coronavirus outbreak. Arthur Irving, chairman of Irving Oil, said that the acquisition of Top Oil will enable his firm to further expand in Europe. The agreement includes a 135,000 barrel per day crude oil refinery in Come By Chance, NL, and a network of retail sites. Irving, based in Saint John, New Brunswick, moved into Europe in 2014 with an office in London. Unlike most other major producers, Canada has essentially one export market: the United States.Crude and refined oil exports from Canada to the US doubled between 2003 and 2017, but the lack of pipeline capacity to the US, coupled with increased production in both … Ian Whitcomb, President of Irving Oil, said, “This acquisition allows us to further expand and build upon our success in Ireland, matching the Top Oil business with the Whitegate refinery. Canada is the world’s fourth largest producer of both conventional and unconventional crude oil. Lutes is with the Common Front for Social Justice, one of five community and union … Circle K Stores, Inc. is an international chain of convenience stores, owned by the Canadian multinational Alimentation Couche-Tard.Founded in 1951 in El Paso, Texas, the company filed for bankruptcy protection in 1990 and went through several owners, before being acquired by Alimentation Couche-Tard in 2003. Irving also operates Ireland’s only refinery, located in the village of Whitegate, which it purchased in 2016. Irving Oil established its European operations in 2014 with an office in London, England, and tankage in Amsterdam. On Thursday, Irving Oil and U.S. investment firm Silverpeak announced that they have signed an agreement for Irving Oil to acquire North Atlantic Refining Corp., subject to regulatory review and conditions of sale being met. Headquartered in Dublin, Top Oil is a leading supplier of home heating oil, as well as petrol and diesel fuel in Ireland. Canadian refiner Irving Oil has beefed up its bunker supply offering and is ready to provide IMO2020 compliant bunkers from both Canada's East Coast, and in Europe from Ireland.. Irving bought the Irish refinery in 2016 from P66. Opponents of Irving Oil's request to increase petroleum wholesale margins in New Brunswick are vowing to keep up their fight against the application despite a ruling Monday denying them access to most of the evidence the case is based upon. The company has partnered with proponent TransCanada Corp. to build a marine terminal to enable exports of Canadian oil to foreign markets. It focuses in Japan and Malawi projects. Terms of the deal were not disclosed. "In Ireland, our Irving Oil Whitegate Refinery produces this lower-sulphur fuel, also called Very Low Sulfur Fuel Oil (VLSFO), in addition to our Marine Gas Oil … SAINT JOHN— Irving Oil is making a bid to purchase a refinery in Newfoundland. In May, it had agreed to buy the owner of the idled 135,000 barrels per day Come-by-Chance refinery in Newfoundland, for an undisclosed price. Irving Oil established its European operations in 2014 with an office in London, England, and tankage in Amsterdam. Irving Oil supports Energy East because of its job creation potential and because it would boost Atlantic Canada, a region that continues to lag economically, he said. John Ernest Irving CM (January 1, 1932 – July 21, 2010) was a Canadian businessman, the youngest son of the industrialist K. C. Irving.Born in New Brunswick, Jack Irving, as he was called, along with his brothers J.K. and Arthur and their three families, share the ownership and operating responsibility for what is known informally as the Irving Group of Companies. Founded in 1924, Irving Oil is an international refining and marketing company. Ireland imports all of its oil and relies in foreign sources for 90 percent of its natural gas needs. On Thursday May 28th, Irving Oil announced plans to acquire the Come by Chance refinery from Silverpeak Strategic Partners. The company operates Canada's largest oil refinery and said it … Irving will buy its network of retail sites and other marketing assets for an undisclosed price. See Mark Sherman's compensation, career history, education, & memberships. Named one of Canada’s Top 100 Employers for 2017, Irving Oil operates Canada’s largest refinery, in Saint John, New Brunswick, which is located 65 miles north of the US border, and has reached production rates in excess of … Named one of Canada’s Top 100 Employers in 2017 and 2018, Irving Oil has a strong customer and community focus and is committed to future growth. The Come-by-Chance refinery, which has an output of 135,000 barrels per day, was the first to close in North America as refiners worldwide began to scale back to adjust to a sudden demand slump due to the coronavirus outbreak. The refinery was nearly sold in 2018, with Irving Oil as the … MOSCOW -- Canada-based oil refinery operator Irving Oil announced it has terminated an agreement for the purchase of North Atlantic Refinery Limited, said Hydrocarbonprocessing.Irving made the announcement on its website. It is understood Zenith now plans to … Irving Oil operates Canada's largest refinery, in Saint John, NB, which is located 65 miles north of the US border and has reached production rates in excess of 320,000 barrels per day. Irving Oil established its European operations in 2014 with an office in London, England, and tankage in Amsterdam. The company was founded on August 28, 2015 and is headquartered in Vancouver, Canada. Irving Oil is looking to expand its footprint in Atlantic Canada by acquiring a petroleum company in Newfoundland and Labrador. Canadian oil and gas company fined $200,000 for 2018 explosion 17 April 2020. The Come-by-Chance refinery, which has an output of 135,000 barrels per day, was the first to close in North America as refiners worldwide began to scale back to adjust to a sudden demand slump due to the coronavirus pandemic. The Saint John-based company has signed an agreement with U.S investment firm Silverpeak to acquire North Atlantic Refining Corp.. Irving Oil established its European operations in 2014 with an office in London, England, and tankage in Amsterdam. The company operates and builds oil terminals across the world including more than 20 facilities in the US, Europe and Latin America. Irving and Valero do not,” says Lorne Stockman, research director at Oil Change International (OCI) in the US. With the agreement finalized, Irving Oil will continue operation of the Top Oil business and its assets on a business-as-usual basis. Irving Oil is reducing its contract and plant workforce at Canada's largest oil refinery due to challenges caused by the coronavirus pandemic, the company said on Thursday. Irving Oil was fined $200,000 on April 15 after the company pleaded guilty to a safety violation relating to a October 2018 fire and explosion at its refinery in St John, New Brunswick. Irving and Valero will probably to stick to processing lighter oils for the time being,” Stockman told DeSmog Canada. Notes: Irving Oil has withdrawn its offer to purchase North Atlantic Refinery Limited's 135,000 b/d Come by Chance located in Newfoundland, according to a statement by Irving issued on Oct. 6. Irving Oil was founded in 1924, and is an international refining and marketing company with a history of long-term partnerships and relationships. Mark Sherman is Chief Operating Officer at Irving Oil Commercial GP. Top Oil is a highly respected company with an excellent reputation as a safe, reliable, top-quality fuel supplier in Ireland; we are honored to be in a position to uphold that commitment.” In a statement issued on Wednesday (8 July) Irving Oil’s President Ian Whitcomb and Executive Vice-President and Chief Brand Officer Sarah Irving said: ‘We have shared with our employees the difficult decision to significantly reduce our workforce in light of the current economic challenges we face.