Oil, Gas and Consumable Fuels
Company Overview of Sinclair Oil Corporation
Sinclair Oil Corporation explores and produces crude oil and natural gas; and develops conventional reservoirs in Texas, the Rocky Mountain Basins, and the Williston Basin of Montana and North Dakota. The company also operates crude oil pipelines in Wyoming; and refined petroleum pipelines in Wyoming, Colorado, Missouri, and Iowa. In addition, it operates refineries in Wyoming that provide gasoline, diesel, jet fuel, asphalt, and petrochemical feedstock to customers throughout the Rocky Mountains to the Great Plains; and markets fuel and oil products through a network of wholesale customers. The company was formerly known as Consolidated Oil Corporation and changed its name to Sinclair Oil C...
550 East South Temple
PO Box 30825
Salt Lake City, UT 84130-0825
Founded in 1916
Key Executives for Sinclair Oil Corporation
Chief Executive Officer and President
Vice President of Finance and Treasurer
Vice President of Government Relations
Compensation as of Fiscal Year 2015.
Sinclair Oil Corporation Key Developments
Twenty-Eight Oil Companies and Retailers Agree to Settle Litigation Claiming Customers Were Knowingly Overcharged When Gas Station Fuel Temperatures Rose
Jan 24 15
Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose. Federal officials consolidated about 50 lawsuits filed since 2006 from consumers across the U.S. in the U.S. District Court in Kansas City. The plaintiffs' attorneys said a judge has given preliminary approval to the settlement agreements in the so-called 'hot fuel' cases. Online court records show final approval hearings are scheduled for June 9. The plaintiffs say customers were shortchanged when buying gasoline that is over 60 degrees F. The volume of gasoline expands and consumers argue they are getting less than a gallon of fuel for a full gallon price. Six companies - BP, ConocoPhillips Co., ExxonMobil, Shell, Chevron U.S.A. Inc. and Sinclair Oil Corp. agreed to pay nearly $23 million to reimburse retailers for installing equipment that corrects for the effects of temperature on fuel. Some of that money will be used to help states oversee retail fuel sales, plaintiffs said.
Sinclair Oil Corp. Wins $1,285,162.84 Federal Contract
Nov 2 14
Sinclair Oil Corp. won a $1,285,162.84 federal contract from the Defense Logistics Agency's Defense Supply Center, Fort Belvoir, Virginia, for aviation turbine fuels.
Sinclair Oil Corp. Wins $7,752,152.06 Federal Contract
Nov 2 14
Sinclair Oil Corp. won a $7,752,152.06 federal contract from the Defense Logistics Agency's Defense Supply Center, Fort Belvoir, Virginia, for aviation turbine fuels.
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