Irving Oil
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| Private | |
| Industry | Oil and petroleum |
| Founded | 1924 |
| Founder | K. C. Irving |
| Headquarters | Saint John, New Brunswick, Canada |
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Key people
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James K. Irving Arthur Irving John E. Irving |
| Products | Fuels, Lubricants, Petrochemicals |
| Parent | Irving Group of Companies |
| Website | www.irvingoil.com |
Irving Oil Ltd. is a Canadian gasoline, oil, and natural gas producing and exporting company. The company is privately owned by Arthur Irving and his family. It is considered part of the Irving Group of Companies.
Irving Oil operates the Irving Oil Refinery, Canada's largest refinery, as well as a network of gasoline stations, a fleet of oil tankers, real estate and other related assets.
Kenneth Colin (K.C.) Irving established Irving Oil Limited in 1924, when he was 25 years old. Using gasoline imported by rail, the first retailing location was in Bouctouche, New Brunswick. Irving moved to Saint John to open a Ford dealership and lubricants plant in 1924. The company expanded across the Maritimes through the 1930s, to Quebec in 1940, Newfoundland in 1949, and to Maine in 1972. Irving Oil opened a station in Torrington, CT (April 2011).
In 1977, Irving Oil became the first Canadian oil company to offer unleaded gasoline at its retail outlets. In the late 1990s it became the first oil company in Canada and one of the first in North America to offer gasoline with very low sulphur content, a fact which was recognized by many automobile manufacturers.
Due to its investment in reducing emissions, Irving Oil was one of the few energy companies in Canada to publicly support the Kyoto Accord.
In 1960 the company partnered with Standard Oil Co. of California (SOCAL) to build the Irving Oil Refinery in the east end of Saint John. Irving bought out SOCAL's share of the refinery in the late 1980s and expanded the facility to become Canada's largest refinery, processing over 300,000 barrels per day (48,000 m3/d). In the late 1990s, the refinery was upgraded to create some of North America's lowest-emission petroleum.
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Wikipedia