United Refining Company
 | |
| Private | |
| Industry | Oil and natural gas, Convenience stores |
| Founded | 1902 |
| Headquarters | Warren, Pennsylvania, United States |
Area served |
Ohio, Pennsylvania, and New York |
Key people |
John Catsimatidis (CEO) James E. Murphy (CFO) Myron L. Turfitt (COO) |
| Products | Petroleum and derived products |
| Revenue |
$3,387,171,000[1] (2015) 25.6% from 2014 |
$191,468,000[1] (2015) 273.9% from 2014 | |
|
$138,027,000[1] (2015) 176.2% from 2014 | |
Number of employees | 4,587 |
| Subsidiaries |
Kwik Fill Country Fair, Inc. |
| Website | www.urc.com |
The United Refining Company is an oil company in Warren, Pennsylvania. The company operates an oil refinery in Warren that can process 70,000 barrels of oil into gasoline, diesel fuel and other petroleum distillates per day.[2] It distributes gasoline under the Kwik Fill and Keystone brands.
History
The United Refining Company was founded in 1902 by Harry Logan, Sr. His son, Harry Logan, Jr., succeeded his father as president and chairman of United Refining in 1957. In 1981, John Catsimatidis acquired United Refining as a subsidiary of his Red Apple Group.
The refinery was expanded from 60,000 barrels per day (9,500 m3/d) to 65,000 barrels per day (10,300 m3/d) in 1982. It was expanded again to have a processing capacity of 70,000 barrels per day (11,000 m3/d) in 2007. The employees of the Warren refinery are represented by the International Union of Operating Engineers.
Citgo
United Refining acquired the rights to use the name Citgo in 2002 when it bought a local gas station and convenience store chain called Country Fair, Inc. in Erie, Pennsylvania[3] which included a license agreement to use "Citgo's brands, trademarks and other forms of identification."[4]
After Venezuelan President Hugo Chávez's speech to the United Nations, there were calls to boycott the Citgo brand.[4] In response, URC began phasing out that brandname,[4] and has been emphasizing that its crude oil supply comes from North America. URC also continued rebranding its product under the Kwik Fill and other local names.[5]
Alternate energy
United Refining blends ethanol with its gasoline in accordance with the Energy Policy Act.
Convenience stores
United Refining Company distributes its oil through its line of owned-and-operated convenience stores, totaling approximately 375 throughout upstate New York, Pennsylvania, and Northeast Ohio. The stores operate under the names Kwik Fill, Red Apple, or Country Fair. Many Kwik Fill locations, like the one in the photo above, are full-service, meaning they pump your gas for you.
References
- 1 2 3 "United Refining Company Reports Fiscal 2009 Year End Results" (PDF) (Press release). United Refining Company. November 30, 2009. Retrieved April 28, 2010.
- ↑ Carroll, Jim (May 10, 2007). "United Refining hikes capacity". Erie Times-News.
- ↑ Martin, Jim (January 1, 2002). "Warren, Pa.-based United Refining buys convenience store chain Country Fair". Erie Times-News.
- 1 2 3 Carroll, Jim (October 11, 2006). "Comments spark call for Citgo boycott". Erie Times-News.
- ↑ Associated Press. "Citgo signs coming down in response to Venezuelan leader's remarks". WSTM-TV. Archived from the original on September 28, 2007. Retrieved July 18, 2007.