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Thomas Boone Pickens Jr. (May 22, 1928 – September 11, 2019) was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s.
Shell-Mex and BP Limited was a British joint venture between two petroleum companies – Royal Dutch Shell (Shell) and the British Petroleum Company (BP). It was formed in 1932 when both companies decided to merge their United Kingdom marketing operations, [ 1 ] partly in response to the difficult economic conditions of the times.
In September 1991, he joined BP's board as a managing director. He was appointed group chief executive on 10 June 1995 after the British government sold its last remaining stake in the company. Following the merger of BP and Amoco, he became group chief executive of the combined group on 31 December 1998 and served until 1 May 2007. He was one ...
The move would vault a proposed BP Amoco into third place on global oil-company revenue rankings. The new On Aug. 11, 1998, BP announced its intent to buy Amoco in a deal worth $48 billion.
Shares of BP (BP) jumped to the highest level in six months on media reports that Royal Dutch Shell (RDS.A) considered bidding for the British company during the Gulf Oil disaster. BP shares ...
BP is the fourth-largest investor-owned oil company in the world by 2021 revenues (after ExxonMobil, Shell, and TotalEnergies). [8] BP had a market capitalisation of US$98.36 billion as of 2022, placing it 122nd in the world, [9] [10] and its Fortune Global 500 rank was 35th in 2022 with revenues of US$164.2 billion. [11]
Rebel Wilson and Ramona Agruma are legally married in Australia! The pair — who initially tied the knot during a lavish wedding in Sardinia, Italy, on Sept. 28 — made it official in Wilson’s ...
At the time, the merger was the largest in the oil industry and the largest acquisition of an American corporation by a foreign one, and BP Amoco would become, at the time, the third largest oil company in the world, trailing only Exxon and Royal Dutch Shell. In 2001, however, BP Amoco reverted its name to BP, now currently in use today.