Highlands Fuel Delivery (dba Irving Oil), the US arm of Irving Oil Limited, is engaged in the refining and distribution of oil and natural gas; it serves wholesale, commercial, and retail customers in eastern Canada, Quebec, and New England. The Irving Oil Canaport refinery in Saint John, New Brunswick, is the Western Hemisphere's first deep-water terminal, and Canada's largest refinery. It has 800 fueling locations, operations at 13 marine terminals, and a delivery fleet of tractor-trailers. It serves US retail customers via 300 convenience stores and gas stations, and also has home heating and wholesale operations in Maine, New Hampshire, and Vermont. The company is owned by the founding Irving family.
Irving Oil's more than 300,000-barrel-per day refinery in St. John sells 175,000 barrels of petroleum products to the US Northeast daily, including 100,000 barrels of reformulated gasoline (RFG). This accounts for 42% of all Canadian petroleum exports and 46% of US RFG imports.
The company is expanding its gas station network in New England. In 2007 the company acquired five Foodstop Inc. retail locations in New Hampshire and Vermont. In 2008 it inked a deal with Alimentation Couche-Tard expanding their partnership in developing retail sites in Atlantic Canada and New England. In 2010 Shuck Petroleum (owner of five gas stations in the Middletown, Connecticut area) introduced the Irving Oil brand at its locations.
Irving Oil has explored building another major oil refinery in Saint John to respond to increase demand for fuels in the US Northeast. In 2008 oil giant BP agreed to work with Irving Oil on the next phase of engineering, design, and feasibility for the proposed Eider Rock refinery. The parties put a hold on refinery plans in 2009, however, citing poor market conditions. However, that year the company did invest $220 million to upgrade the Saint John refinery, and a further $72 million in 2009.
Irving Oil has been serving customers in New England since opening its first site in Bangor, Maine in 1972. – less