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In 1911, Standard Oil was broken up into smaller units in accordance with the Sherman Antitrust Act. One of these successor companies was Standard Oil Company of New Jersey, the precursor to Esso and later Exxon, which retained the ownership of the Bayway facilities. Bayway became a leading research facility within the S.O. New Jersey enterprise.
In 2022, New Jersey Attorney General Matthew Platkin filed a lawsuit against the country's largest oil companies, ExxonMobil, Chevron, ConocoPhillips, Phillips 66, Shell, as well as the American ...
Portion of the Bayway Refinery as seen from the New Jersey Turnpike in 1973. The Exxon Mobil–New Jersey Environmental Pollution Settlement was a 2015 legal settlement between ExxonMobil and the New Jersey Department of Environmental Protection, over contaminated sites at oil refinery plants and other facilities at Bayway Refinery in Linden and Bayonne Refinery in Bayonne, New Jersey dating ...
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]
Hess Oil and Chemical was founded in 1933 by Leon Hess as an operation out of Asbury Park, New Jersey that sold refining leftovers to hotels as heating fuel. [4] [9] In 1938, he purchased land in Perth Amboy for his first oil storage terminal and in 1958 opened the company's first refinery, located in Port Reading. [11]
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The state of New Jersey issued a site assessment in May 2001 to investigate the extent of the damages and pollution at Diamond Head Oil Refinery. When they reported on the chemical exposure there, they said this: “According to the USEPA Expanded Site Inspection (December 1999), the environmental media at the site, including soils, sediments ...
Offshore drilling for oil and gas on the Atlantic coast of the United States took place from 1947 to the early 1980s. Oil companies drilled five wells in Atlantic Florida state waters and 51 exploratory wells on federal leases on the outer continental shelf of the Atlantic coast. None of the wells were completed as producing wells.
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