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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
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.
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, ...
The company processes crude oil and other feedstocks into a wide variety of customized lubricating oils, solvents, waxes, synthetic lubricants, and other products. Calumet's specialty products are sold to domestic and international customers who purchase them primarily as raw material components for various industrial and consumer applications.
The line includes engine oils, gear oils and coolants. The oil carries both the American Petroleum Institute (API) diesel "C" rating as well as the API gasoline engine "S" rating. Ratings differ based on the oil. Rotella oils, like the T3 15W-40, meet both the API CJ-4 and SM specifications, and may be used in both gasoline and diesel engines.
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