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Gulf Oil–sponsored Porsche 917 LH raced by Derek Bell & Jo Siffert at the 1971 24 Hours of Le Mans, parked outside the Hotel de France. In 1937, Gulf Oil became involved in racing when they purchased the racing car project of Ira Vail and Harry Miller and brought the project into the Gulf Research and Development Company. [35]
Gulf Oil LP is an American oil company formed when Chevron Corporation acquired the naming rights to the Gulf Oil brand in the United States for $13 billion in 1985. [1] [5]By 2010, convenience store chain Cumberland Farms acquired all rights to the brand from Chevron, making it the sole owner and marketer in the country. [2]
In 1930, he bought the domestic gasoline production facilities of Amerada Hess Corporation. [5] Warren Petroleum, along with Monterey Oil Company and J. R. Butler founded the Transwestern Pipeline Company on March 11, 1957. [6] On November 10, 1953, Gulf Oil Corporation bought Warren Petroleum
Gulf Oil Corporation began operating in Canada in 1942, and two years later formed a Canadian subsidiary called the Canadian Gulf Oil Company. In 1956 Canadian Gulf Oil merged with the British American Oil Company (of which Gulf Oil was the controlling shareholder) and until 1969 operated under the British American name.
Also that year, Gulf and Western Indonesia signed a contract with the Indonesian state owned Pertamina Oil Company to explore oil resources in east Indonesia, [39] and the Dominican government and Gulf and Western Americas Corporation established an industrial free zone in La Romana. The zone was administered by Gulf and Western America's ...
On Saudi Aramco’s campus at the edge of the Arabian Gulf, the vast scale of the world’s biggest oil producer is on stark display. In one building, a curved monitor 140 feet long wraps around a ...
Who's next in oil mergers and acquisitions? Chevron Corp. (ticker: CVX ) shocked Wall Street in April by announcing a $33 billion buyout of oil and gas production company Anadarko Petroleum ( APC ).
[1] [2] [5] After the war, the Gulf Oil Corporation acquired 20% ownership of B/A. In the 1950s, senior management at B/A became more integrated with Gulf Oil Corp as Gulf's ownership increased. New refineries were opened in Edmonton and Moose Jaw, and the company's tanker fleet expanded to 22. B/A constructed a new eight-storey headquarters ...