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Table 2.   Mergers, Acquisitions, and Related Transactions by FRS Companies in U.S. Refining, 1998, 2000, and 2001

Acquiring Company Acquisition
Mergers and Acquisitions between FRS Companies
1998
Valero Energy Mobil's Paulsboro, New Jersey refinery
Tesoro Petroleum Shell Oil's Anacortes, Washington refinery
Premcor BP's Lima, Ohio refinery
2000
BP Atlantic Richfield Company (ARCO)
Valero Energy Exxon Mobil's Benicia, California refinery
Tosco BP's Alliance, Louisiana refinery
Ultramar Diamond Shamrock Tosco's Avon, California refinery
Tosco Equilon's Wood River, Illinois refinery
2001
Phillips Petroleum Tosco
Valero Energy Ultramar Diamond Shamrock
Tesoro Petroleum BP's Mandan, North Dakota and Salt Lake City, Utah refineries and associated facilities
Valero Energy El Paso's Corpus Christi refinery
 
Other Acquisitions by FRS Companies
1998
Tesoro Petroleum Broken Hill Proprietary's Ewa Beach, Hawaii refinery
2001
Valero Energy Huntway Refining Co.
Sources: Company annual reports to shareholders and press releases.

Last Updated on 5/14/2003
File name: http://www.eia.doe.gov/emeu/perfpro/ref_pi2/tab2.html
By Financial Analysis Team
Email: jon.rasmussen@eia.doe.gov