Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015.[4] As of 2017[update] it was a Fortune 1000 corporation.[5]
Par Pacific Holdings, Inc., a company whose headquarters are in Houston, Texas, owns operations in oil and production and midstream operations. Par Pacific owns the largest operating refinery in Hawaii which has a 94,000-bpd capacity, this distributes to 90 proprietary and additional independent retail locations under the Hele and 76 brands. In Wyoming, Par Pacific owns a refinery and pipelines which bring crude oil and distributes refined products. Par Pacific also owns 42.3% of Laramie Energy, LLC which has natural gas operations and assets concentrated in the Piceance Basin in Western Colorado.
In January 2024, Par Pacific's refineries in Washington and Wyoming received ENERGY STAR certification from the Environmental Protection Agency (EPA). These are the first ENERGY STAR certifications for both refineries. Par Pacific's Washington refinery achieved the lowest carbon intensity of any refinery in the world, according to the Solomon Energy Intensity Index.[6]
Will Monteleone will succeed William Pate as CEO at the 2024 annual general meeting. Monteleone will also become President of the company, a decision that has already been approved. Both executives will continue to serve as members of the board of directors.[7]
^"Par Petroleum Corporation (formerly Delta Petroleum Corporation) Appoints New Board of Directors and Officers". PR Newswire. 6 Sep 2012. Retrieved 8 July 2017.
^"Management". Par Pacific. Retrieved 8 July 2017.
^ abcde"PAR PACIFIC HOLDINGS, INC". Edgar. UNITED STATES SECURITIES AND EXCHANGE COMMISSION. Retrieved 8 July 2017.
^"Par Petroleum Corporation Announces Name Change to Par Pacific Holdings, Inc.; William Pate Appointed President and Chief Executive Officer". PR Newswire. Retrieved 8 July 2017.
^"Par Pacific Holdings". Fortune 500. Fortune. Retrieved 8 July 2017.
^"Par Pacific Earns EPA ENERGY STAR Certification in Washington and Wyoming". BusinessInsider. Archived from the original on 2024-03-14. Retrieved 2024-03-13.
^"People on the move". Offshore Mag. Archived from the original on 2024-03-14. Retrieved 2024-03-13.
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Global Information
US$ 1.865 billion (2016)[3]