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Texas Company Building at 1111 Rusk St. in Houston. The company moved to larger facilities in 1989 "The Texas Company" Galveston station, c. 1910-20. Texaco was founded in Beaumont, Texas as the "Texas Fuel Company" in 1902, [6] by Jim Hogg, Joseph S. Cullinan, John Warne Gates, and Arnold Schlaet.
Union Oil, for many years based in El Segundo, California, introduced "76" gasoline in 1932. The name referred to the 1776 United States Declaration of Independence, and was also the octane rating of the gasoline in 1932. [13] 76 signs are orange balls with a 76 legend in blue. During the 1960s and '70s, most stations had the 76 ball rotate ...
Phillips 66 owns 13 refineries with a net crude oil capacity of 2.2 million barrels per day (350 × 10 ^ 3 m 3 /d), 10,000 branded marketing outlets, and 15,000 miles (24,000 km) of pipelines. It has 50 percent stake in DCP Midstream, LLC, a natural gas gatherers and processors with 7.2 billion cubic feet per day (200 × 10 ^ 6 m 3 /d) of ...
In 1968, Sun Oil merged with Tulsa, Oklahoma–based Sunray DX Oil Company, which refined and marketed fuel under the DX brand in several midwestern states, and included several refineries. [16] Its Tulsa refinery was operated by the company until its sale in June 2009 to Holly Corporation of Dallas. [ 17 ]
The first petroleum refinery in Tulsa, built by Texaco, went onstream in 1910 in West Tulsa, across the Arkansas River from Tulsa. Texaco continued to operate the plant until 1983, when the facility was sold to Sinclair Oil Company. At the time the refinery was sold to Sinclair, the refinery capacity was rated at 50,000 barrels (7,900 m 3) per day.
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.
ExxonMobil is mostly composed of the Standard Oil Company of New Jersey (Jersey Standard) and the Standard Oil Company of New York (Socony). The two companies partnered on a semi-frequent basis during their infancy before pursuing mergers and acquisitions, with Jersey Standard buying Texas-based Humble Oil and Socony merging with Standard descendant Vacuum Oil to form Socony-Vacuum. [3]
The Enco brand name was used on locations in the Midwest until 1977, when they were sold to Cheker Oil Co. (now part of 7-Eleven [11]); Exxon continues to have a presence in southern Ohio today (as it does throughout much of Appalachia in general), though Mobil is the company's primary brand in the Midwest.