Definition of treasurer for English Language Learners. : someone who is officially in charge of the money that is taken in and paid out by a government, business, organization, etc.
On Aug. 27, 1955, an explosion at the Standard Oil refinery in Whiting, Ind., destroyed much of the plant and dozens of homes. The explosion occurred in a âhydroformer,â a 26-story-high tank used to convert low-octane gasoline into high-octane gasoline at what is now a BP refinery.
The Wall St Journal reported Friday that Denver-based Whiting Petroleum (NYSE: WLL) is seeking a buyer. According to the WSJ: Whiting Petroleum Corp. is seeking a buyer after plummeting crude prices took a bite out of the oil-and-gas producer's results and its shares tumbled. The company, which has an equity value of $5.8 billion, is in the midst of an auction process, according to people familiar with the matter.