Company History
Par Pacific Holdings, Inc (formerly Par Petroleum and Delta Petroleum) headquartered in Houston, Texas, is a growth-oriented company that manages and maintains interests in energy related assets.
Par's business is organized into three primary segments of refining, retail and logistics located in Hawaii.
Par Pacific owns an equity investment in Laramie Energy, LLC, a joint venture entity focused on producing natural gas in Garfield, Mesa and Rio Blanco Counties, Colorado. In addition, Par Pacific transports, markets and distributes crude oil from the Western United States and Canada to refining hubs in the Midwest, Gulf Coast, East Coast and to Hawaii.
Par Pacific, through subsidiaries, owns and operates a 94 Mbpd refinery with related logistics and retail network in Hawaii.
The company also transports, markets and distributes crude oil from Western U.S. and Canada to refining hubs in the Midwest, Gulf Coast, East Coast and to Hawaii.
In addition to the two investments above, Par Pacific owns an equity investment in Piceance Energy, LLC, which has natural gas production and reserves located in the Piceance Basin of Colorado.
On October 20, 2015, Par Petroleum Corporation was renamed Par Pacific Holdings, Inc.
On August 31, 2012, Delta Petroleum Corp emerged from bankruptcy and was renamed Par Petroleum Corp.
In 2016 Par Pacific invested another $55M in Laramie.