Type | Subsidiary |
---|---|
Industry | Petroleum refining and marketing |
Founded | 1994 |
Headquarters | St. John's, Newfoundland |
Parent | Korea National Oil Corporation |
Website | www.northatlantic.ca |
North Atlantic Refining is a petroleum company based in Newfoundland and Labrador, Canada. The company operates the Come By Chance Refinery in Come By Chance that produces 115,000 barrels (18,300 m3) of oil per day.
The company was formed in 1994 as a subsidiary of Vitol, which acquired the refinery from Cumberland Farms that same year. It was sold to Harvest Energy Trust in 2006. In 2009, the company was purchased by the Korea National Oil Corporation.[1]
North Atlantic Refining operates or supplies 70 gas stations in Newfoundland and Labrador. Of these, the 36 larger stations are branded North Atlantic, most having been purchased from Petro-Canada. These stations are involved in North Atlantic's YAY! Card (Yay! Rewards Website) points program and offer a wider range of services than the remaining stations. The 34 smaller stations are branded Home Town and are located in smaller communities, usually off of Newfoundland's main routes.