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Gulf Oil was a major global oil company in operation from 1901 to 1985. [1] ... Texas, oilman and corporate raider (or greenmailer), and owner of Mesa Petroleum, ...
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]
Standard Oil of California and Gulf Oil merged in 1984, [32] which was the largest merger in history at that time. [33] [34] To comply with U.S. antitrust law, California Standard divested many of Gulf's operating subsidiaries, and sold some Gulf stations in the eastern United States and a Philadelphia refinery which has since closed.
When Gulf bought out its partner, it was renamed again to "GA Technologies Incorporated" in 1982. [7] [6] It was taken over by Chevron following its merger with Gulf Oil in 1984. [citation needed] In 1986, it was sold to a company owned by Neal Blue and Linden Blue. [8] In 1979, Harold Agnew was appointed president and CEO of the company.
It is the second largest oil refinery in the United States. [1] The first processing units of the Port Arthur Refinery were constructed in 1902 by the Texas Company, later Texaco. The roots of this refinery can be traced to the Spindletop oil boom near Beaumont, Texas. It came into operation in 1903. Port Arthur is in eastern Texas on the Gulf ...
The company describes itself as "one of the leading independent oil and gas exploration and production companies in the Gulf of Mexico," with about 85% of its production coming from offshore ...
U.S. oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release on Friday, a sign of corporate America beginning to implement U.S. President ...
In his role as DRP finance chair, Kim pressured Gulf Oil to make contributions to the party. In 1975 testimony before the U.S. Senate, Gulf Oil chair Bob Dorsey revealed that Gulf had paid $1 million in 1966 and another $3 million in 1970; Kim had originally demanded $10 million in 1970. [6]