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In January 1963 Pennzoil purchased 76% of the Wolf's Head Oil Refining Company, [9] and by August of that year they owned 99.56% of Wolf's Head common stock. [ 10 ] In 2002 Shell Oil acquired Pennzoil-Quaker State, [ 11 ] and in 2006 Shell Oil sold Amalie Oil Company the rights to the Wolf's Head brand.
Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate. [1]
Quaker State is an American brand of motor oils, owned by Shell USA, the US-based division of Shell plc.. The former Quaker State Oil Refining Company had been constituted in 1924 after the Eastern Refining Co. acquired rights to the Quaker State brand name to the Phinny Brothers Oil Company, which had been producing the Quaker lubricants since 1912, gaining reputation in the U.S. after a deal ...
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 .
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 ...
A sample of synthetic motor oil. Synthetic oil is a lubricant consisting of chemical compounds that are artificially modified or synthesised. Synthetic lubricants can be manufactured using chemically modified petroleum components rather than whole crude oil, but can also be synthesized from other raw materials.
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