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In 1967, Diamond Alkali merged with Shamrock Oil and Gas of Amarillo. [16] At the time of the merger the company produced about 20 percent oil and gas and 80 percent chemicals. In 1978, Diamond Shamrock moved its headquarters to Dallas. By 1980, Diamond Shamrock had about 12,400 employees in thirty-seven countries. [16]
The Beacon and Shamrock brands are used by retailers as a low-cost alternative to the premium Valero brand. The Shamrock brand is based on the former Shamrock Oil and Gas Company, which merged with Diamond Alkali in 1967 to form Diamond Shamrock, thus declaring the trademark from official abandonment. The name Ultramar, while being eliminated ...
McCarthy was an oil prospector and entrepreneur who owned many businesses in various sectors of the economy. McCarthy founded the Shamrock Hotel in Houston, which garnered him national fame and inspired the fictional character Jett Rink in Edna Ferber's 1952 novel Giant [1] which, in 1956, became a film, which starred James Dean in the role.
In 1967, Diamond Alkali and Shamrock Oil and Gas merged to form the Diamond Shamrock Corporation. Diamond Shamrock would go on to merge with Ultramar Corporation, and the combined company, Ultramar Diamond Shamrock Corporation, would in turn be acquired by Valero Energy Corporation in 2001.
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In 1991, Lasmo, a British oil company, bought Ultramar plc and in 1992 Lasmo spun off the North American refining and marketing operations which became known as Ultramar Corporation. [3] In 1994, Ultramar acquired Sergaz (founded in 1971 by André Ducharme) and Sunoco's Quebec gas stations. Some gas stations still operate under Sergaz but most ...
America is exporting the same amount of crude oil, refined products and natural gas liquids as Saudi Arabia or Russia produces, S&P said. “It’s a reminder that the US is endowed with enormous ...
Built in 1922 after the Harding Administration's Teapot Dome Scandal (which involved illegal selling of oil fields), this adorable gas station is now listed on the National Register of Historic ...