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In 1984, Pennzoil made an informal but binding contract with Getty Oil to purchase a large portion of Getty Oil to give Pennzoil rights to Getty's oil deposits. [6] Following the deal, the Texaco oil company encroached on the complex merger in an attempt to acquire Getty for itself. [7] Old Pennzoil motor oil can
Getty Oil Company was an American ... after entering into a binding agreement to sell Getty and its 2.3-billion-barrel stockpile of proven oil reserves to Pennzoil, ...
At the time, Nexen's 2.5 billion boe reserves would've ranked 8th among Canada's oil companies. [92] When Nexen was created in 1971 it was a subsidiary of the American company Occidental Petroleum called Canadian Occidental Petroleum. After taking over a number of smaller companies in Canada while increasing their international holdings they ...
Canadian Oil Companies, Limited was a Canadian integrated petroleum company that existed from 1908 to 1963. The company was known best for the White Rose gasoline brand it sold across Canada. At the time of its sale to Shell Canada in 1962, Canadian Oil Companies was the country's last major domestically-owned petroleum company. [1]
In Canada’s oil-rich province of Alberta, there is a deep sense of unease over President-elect Donald Trump's threat to impose a 25% tariff on Canadian goods. Canadian politicians and energy ...
The Interprovincial Pipeline was extended to Montreal in 1976 after the 1973 oil crisis interrupted foreign oil supplies to Eastern Canada. The Portland–Montreal Pipe Line was built during World War II to bring imported oil from the marine terminal at South Portland, Maine through the United States to Montreal.
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