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The Company, headquartered in El Dorado, Arkansas, was originally incorporated in Louisiana in 1950 as Murphy Corporation. It was reincorporated in Delaware in 1964, at which time it adopted the name Murphy Oil Corporation. But, the Company's roots go back to a lumber and banking business in South Arkansas and, more directly, to 1907, when the first oil production was established in the Caddo Field in North Louisiana. Thereafter, oil and gas were important phases of the business. Until the mid 1930's however, oil and gas remained subordinate to timber operations and banking. Today, Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom. The Company's farm, timber and real estate subsidiary was spun-off to shareholders in 1996 and is now known as Deltic Timber Corporation.

Cooperation is a refined art and refining a cooperative art for the National Cooperative Refinery Association (NCRA), which provides three farm supply cooperatives (CHS, GROWMARK, and MFA Oil) with fuel through its oil refinery in Kansas. The refinery's production rate is 81,460 barrels per day. Fuel from the refinery is allocated to member/owners on the basis of ownership percentages. In addition to the refinery, NCRA owns Jayhawk Pipeline, minority interests in two other pipeline companies, and an underground oil storage facility. CHS owns 74% of the cooperative, GROWMARK, 19%, and MFA, 7%.

The Navajo Refinery has a crude oil capacity of 100,000 BPSD and has the ability to process heavy,sour and light crude oils into high value light products such as gasoline, diesel fuel and jet fuel. The Navajo Refinery converts approximately 92% of its raw materials throughput into high value light products. For 2009, gasoline, diesel fuel and jet fuel (excluding volumes purchased for resale) represented 58%, 32% and 2%, respectively, of the Navajo Refinery's sales volumes. Refined petroleum products spring from Navajo Refining Company's 85,000 barrels-per-day crude oil refinery, located in Artesia, New Mexico. Navajo Refining's main refinery operations are located on a 561 acre site. The integrated refinery has crude distillation, vacuum distillation, fluid catalytic cracking catalytic reforming, isomerization, sulfur recovery, and other units. The company has other supporting infrastructure at the Artesia site, including 2 million barrels of feedstock and product tankage, maintenance shops, office buildings, and warehouses. Navajo Refining is a subsidiary of Holly Corporation.

Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company's strategy is based on growing both its oil refining and premium-quality renewable diesel businesses. Neste Oil's refineries are located in Porvoo and Naantali and have a combined crude oil refining capacity of approx. 260,000 barrels a day. Neste Oil goes for the black gold in Finland. The state-controlled firm focuses on refining, marketing, and shipping oil products, including gasoline, biodiesel fuel, and lubricants. Neste Oil primarily sells its products domestically, but also exports to customers in North America and Europe. It operates about 890 gas stations in Finland, and almost 290 outside the country (in Estonia, Latvia, Lithuania, Poland, and Northwest Russia). The company also has a biodiesel plant, as well as a diesel production line. The Finnish government owns more than 50% of Neste Oil, which was founded shortly after World War II to ensure a steady oil supply for the country.

In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing. Between 1978 and 1989, NNPC constructed refineries in Warri, Kaduna and Port Harcourt and took over the 35,000-barrel Shell Refinery established in Port Harcourt in 1965. Whether it's downstream or upstream, the Nigerian National Petroleum Corporation (NNPC) goes with the flow of oil and gas. NNPC oversees the petroleum industry of one of the top, albeit politically turbulent, oil-producing countries in the world. the NNPC produces oil through dominant positions in partnerships with major world oil companies. The company has four refineries, in Port Harcourt (2), Warri, and Haduna) with a total capacity of 445,000 barrels per day. NNPC also oversees the nation's natural gas industry and has liquefied natural gas operations. It oversees 5,000 kilometers of oil and gas pipeline, 21 storage tanks and nine LPG depots.

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