Shaheen Resources originally built this oil refinery back in 1971-1973. The facility refined its first shipment of crude oil in May 1973. Shaheen ran the refinery until 1976 at which time the company went bankrupt and the refinery was shut down.
It wasn't until 10 years later in 1986 that Newfoundland Processing Ltd (NPL) refurbished the refinery and brought it back online. Eight years later, in August
1994, the Vitol Refining Group purchased the refinery and so it became known as North Atlantic Refining Limited. Vitol invested millions of dollars in the refinery over the next 12 years to make it competitive in the world of refining.
In October 2006, Western Canada based, Harvest Energy purchased North Atlantic to complement its existing upstream oil and natural gas production business, making Harvest Energy a fully integrated oil and gas company.
Three years later in December 2009, North Atlantic was sold to the Korean National Oil Corporation (KNOC), the refinery's current owners.
Despite changing ownership, North Atlantic Refining and its skilful employees continue to strive in areas of safe fuel production, environmentally-conscious operations, and continued community support. North Atlantic is your responsible neighbour.
