The oil refinery in Newcastle, which sits at the center of town and in the middle of a contentious debate about community health concerns, has new ownership that wants to boost the refinery’s production.
Black Elk Refining LLC of Houston bought the Wyoming Refining Co. refinery from its previous owner, Denver-based Hermes Consolidated Inc. The name will remain Wyoming Refining Co.
Black Elk is a newly formed company, a joint venture between energy investment firm Chambers Energy Capital and EOR Energy Services Inc., an oil technology engineering firm. Both companies are also based in Houston.