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Gulf Oil was a major global oil company in operation from 1901 to 1985. [1] The eighth-largest American manufacturing company in 1941 and the ninth largest in 1979, Gulf Oil was one of the Seven Sisters oil companies.
Gulf Oil LP is an American oil company formed when Chevron Corporation acquired the naming rights to the Gulf Oil brand in the United States for $13 billion in 1985. [1] [5]By 2010, convenience store chain Cumberland Farms acquired all rights to the brand from Chevron, making it the sole owner and marketer in the country. [2]
In 1927, Gulf Oil took control of the concessions that Holmes made years ago. But Gulf Oil was a partner in the Iraq Petroleum Company, which was jointly owned by Royal Dutch — Shell, Anglo-Persian, the Compagnie Française des Pétroles (ancestor of French major TotalEnergies), and "the Near East Development Company", representing the ...
Oil field in California, 1938. The modern history of petroleum began in the nineteenth century with the refining of paraffin from crude oil. The Scottish chemist James Young in 1847 noticed a natural petroleum seepage in the Riddings colliery at Alfreton, Derbyshire from which he distilled a light thin oil suitable for use as lamp oil, at the same time obtaining a thicker oil suitable for ...
As a result, a number of startup oil companies at Spindletop, such as Texaco and Gulf Oil, grew into formidable competitors to Standard Oil. [ 10 ] Production at Spindletop began to decline rapidly after 1902, and the wells produced only 10,000 barrels per day (1,600 m 3 /d) by 1904. [ 3 ]
Gulf Oil Corporation began operating in Canada in 1942, and two years later formed a Canadian subsidiary called the Canadian Gulf Oil Company. In 1956 Canadian Gulf Oil merged with the British American Oil Company (of which Gulf Oil was the controlling shareholder) and until 1969 operated under the British American name.
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The war is also known under other names, such as the Second Gulf War (not to be confused with the 2003 Iraq War, also referred to as such [27]), Persian Gulf War, Kuwait War, First Iraq War, or Iraq War [28] [29] [30] [b] before the term "Iraq War" became identified with the 2003 Iraq War (also known in the US as "Operation Iraqi Freedom"). [31]