What does Oryx Energy do?

Oryx Energy Company, headquartered in Dallas, Texas, is one of the world's largest independent oil and natural gas companies. The company's main activities include finding, acquiring, developing, and producing oil and gas throughout the world, chiefly in the Gulf of Mexico, the North Sea, Indonesia, and Ecuador.

Why did Oryx Energies join a B2C company?

This partnership affirms Oryx Energies’ values, vision and its continuous commitment to promote this rapidly expanding continent which is full of potential. The B2C business line continued its growth in 2021. Oryx retail footprint has grown by 24% to a number of approximately 250 service stations.

Why did oryx buy British Petroleum?

With only five percent of the world's oil reserves in the United States, Oryx was also eager at this time to expand its international energy reserves. In January 1990, Oryx paid British Petroleum Plc $1.1 billion for a portfolio of international oil and gas properties.

Why did Sun E&P become Oryx Energy Company?

But inevitable confusion resulted between Sun E&P and the Sun Oil Company of Pennsylvania, which refined, marketed, and distributed company products. So, in May of 1989, Sun E&P became Oryx Energy Company in an effort to distinguish the independent operation.

How does oryx invest?

We invest across the entire energy landscape, providing the necessary capital, advice, and guidance in management, operations, and finance to create value for our investors through sustainable growth. Oryx operates through a robust set of qualitative and quantitative benchmarks to provide services at the highest level.

What makes oryx unique?

Oryx operates through a robust set of qualitative and quantitative benchmarks to provide services at the highest level. The Company draws upon an entrepreneurial heritage with an investment mindset that only a private company can deliver.