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By 1965 Pennzoil marketed its petroleum products worldwide. [1] In 1968, United Gas Corporation was purchased by Pennzoil, [3] through a leveraged buyout, which was necessary because Pennzoil did not have enough assets to buy United outright. During the 1970s, the company moved its offices to the Pennzoil Place in Downtown Houston, Texas. [4]
In 1991, it became a subsidiary of Pennzoil. [9] Following the merger of Pennzoil and Quaker State in 1998, the 581 Q Lube stores were merged into the Jiffy Lube brand, then possessing 1,541 stores, with overlapping operations being closed down. [9] Pennzoil-Quaker State was ultimately purchased by Shell Oil Company in 2002. [10]
United Gas Corporation was a major oil company from its inception in 1930 to its hostile takeover and subsequent forced merger with Pennzoil in 1968. [6] [7] [8] Headquartered in Shreveport, Louisiana, United and its major subsidiaries, Union Producing Company, United Gas Pipeline Company, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production ...
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Liedtke served as the president of Pennzoil from 1967 to 1977. [2] In 1977, he left Pennzoil to lead the company's spin-off Pogo Producing Company. [ 2 ] [ 7 ] Previously known as Pennzoil Offshore Gas Operators at its IPO in 1970, Pogo was an exploration and production subsidiary of Pennzoil set up to look for natural gas in the Gulf of Mexico .
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related to: pennzoil 707l where to buy one shotnortherntool.com has been visited by 100K+ users in the past month
- 1755 Hilliard Rome Rd, Hilliard, OH · Directions · (614) 921-0057