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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]
Standard Oil is the common name for a corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller.
Buckeye Partners, formerly known as the Buckeye Pipeline Company, is a distributor of petroleum in the East and Midwest areas of the United States. A direct descendant of Standard Oil, the company is considered one of the largest independent oil pipelines in the United States. [3]
Rockefeller, Andrews & Flagler was a business concern formed in 1867 in Cleveland, Ohio which was a predecessor of the Standard Oil Company.The principals and namesakes were John D. Rockefeller, William Rockefeller, Samuel Andrews, and Henry M. Flagler.
The company adopted the name "Esso" (the phonetic pronunciation of Standard Oil's initials, 'S' and 'O'), [2] to which the other Standard Oil companies would later object. Standard Oil of New Jersey started marketing its products under the Esso brand in 1926. [3] [4] In 1972, the name Esso was largely replaced in the U.S. by the Exxon brand ...
The company, known commonly as Sohio, was founded by John D. Rockefeller. [4] [2] It was established as one of the separate entities created after the 1911 breakup. In the 1960s, The Standard Oil Company partnered with BP, in the development of the Prudhoe Bay, Alaska petroleum reserves and the construction of the Trans Alaska pipeline. The ...
Well, for the last living relative of an old oil tycoon, station wagons trumped tiaras. Ruth Bedford was the last Standard Oil heiress leaves former school $40 million
Marathon Oil began as "The Ohio Oil Company" in 1887. [2] In 1889, the company was purchased by John D. Rockefeller's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken up in 1911. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company, including the "Marathon" brand name.