What is Good Hope refining?

Answer 1

I think the question might arise from the "Good Hope Refinery" which was an oil refinery near New Orleans which had a tortured legal history involving environmental as well as business problems. It went through bankruptcy, several name changes (including the Orion Refinery), and is now known as the St. Charles (for St. Charles Parish) Refinery. Since 2003 it's been owned by Valero Energy Corporation. I worked there briefly in 1981, and at the time I heard it referred to as the largest independent refinery in the United States. It had what I would consider a well-earned bad reputation as Good Hope Refinery but Valero has put considerable investment (according to their website, over a billion dollars) into improving the refinery plant and operations and it should be allowed to stand on its own reputation.

Good Hope Refining Inc. was the corporate name for the Good Hope Refinery from 1977 to 1981. In 1981 it was renamed GHR Energy Corp. and operated under that name until 1983 when GHR Energy Corp declared bankruptcy and the refinery was closed. The refinery was eventually sold and restarted in the mid or late 1990's.