Ads
related to: who owns texaco oil company
Search results
Results From The WOW.Com Content Network
Future restructuring would merge Producers Oil Company and The Texas Fuel Company as Texaco when the company needed additional funding, which J.W. Gates provided in the amount of approximately $590,000 in return for company stock. Texaco was one of the Seven Sisters which dominated the global petroleum industry from the mid-1940s to the 1970s.
In 1979, Shell purchased Belridge Oil Company for $3.65 billion, which at the time was called the "biggest cash takeover in American history" by US government sources. [4] In 1997, Shell and Texaco entered into two refining/marketing joint ventures. One combined their Midwestern and Western operations and was known as Equilon.
The operations in the western and midwestern United States were merged into a company called "Equilon". The Star Enterprises operation and Shell's eastern and southeastern operations were merged into a company called "Motiva". [8] After Texaco merged with Chevron in 2001, Shell and Saudi Refining purchased Texaco's interests in the joint ...
Following the deal, the Texaco oil company encroached on the complex merger in an attempt to acquire Getty for itself. [7] Old Pennzoil motor oil can. Pennzoil sued Texaco in Texas state court, alleging that Texaco tortiously induced Getty to breach the contract with Pennzoil.
MRS Oil Nigeria Plc is a Nigerian oil marketing company with headquarters in Lagos. The firm previously traded under the name of Texaco Nigeria Plc. MRS Oil has three business units: sale of petroleum at retail outlets or to industries, sale of aviation fuel and blending of lubricants.
In this article, I’m going to take a look at TAG Oil Ltd’s (TSX:TAO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...
The company acquired Corpus Christi Marine Services Company, a small barge company in Corpus Christi, Texas, in April 1981 when it purchased a stake in Saber Energy Inc. of Houston. In May 1985, Valero Refining and Marketing Company was born from Valero's subsidiary, Saber Energy Inc.
The big shareholder groups in TAG Oil Ltd. (TSE:TAO) have power over the company. Institutions will often hold stock...