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Richfield Oil Corporation was an American petroleum company based in California from 1905 to 1966. In 1966, it merged with Atlantic Refining Company to form the Atlantic Richfield Company (later renamed ARCO).
Richfield's history is dramatically and colorfully told by its former president, Charles S. Jones, in From the Rio Grande to the Arctic: the Story of the Richfield Oil Corporation. Jones delves into the earliest history of Richfield, whose predecessor, the Rio Grande Oil Company, was established by a store-owner in El Paso, Texas, in 1915.
6 days ago · Atlantic Richfield Company (ARCO), former American petroleum corporation that was headquartered in Los Angeles and was bought in 2000 by the giant BP Amoco (later BP PLC). The Atlantic Richfield Company was created in 1966 by the merger of Richfield Oil Corporation and Atlantic Refining Company.
- History
- Landmarks
- Merger with Atlantic Refining Company
- Symbols and Colors
The Richfield Oil Corporation was founded in 1905, and opened its first automotive service station in Los Angeles in 1917. After quick expansion, Richfield Oil Corp fell to the Great Depressionand went into receivership in 1931. Cities Service Company(now known as Citgo) offered one share of stock for every four Richfield's and acquired a majority ...
The construction of the Richfield Tower in Los Angeles. This 12 story black and gold Art Decobuilding was completed in 1929. This building served as Richfield's headquarters for many years. It was demolished in 1968. Opening of the California Carson Oil Refinery in 1938. The Richfield Oil Corp was the first to discover commercial quantities of oil ...
Atlantic Refining Company found itself needing more oil production. It first merged with Hondo Oil & Gas Company in 1962. Later, with former Hondo president Robert O. Anderson at the helm, Atlantic Refining continued its mergers and acquisitions. On a fishing trip with Richfield Oil Chairman Charles S. Jones, Robert O. Anderson, by then Chairman of...
Richfield used both a realistic drawing and a stylized eagle as its symbol. This was often done in blue and yellow since blue and yellow were used as corporate colors.
Richfield drilled the first well at Swanson River in July 1957 and struck oil. Alaska’s first governor, Bill Egan, later credited Swanson River with providing the economic justification for statehood.
With access to large amounts of money, Petro-Canada bought several Canadian-based oil companies that significantly increased its land holdings and oil and gas reserves, and quickly made it a giant in the oil industry. The company's first purchase, Atlantic Richfield Canada, was made in 1976 for C$342 million.
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6 days ago · Standard Oil (in full, Standard Oil Company and Trust) was an American company and corporate trust that from 1870 to 1911 was the industrial empire of John D. Rockefeller and associates, controlling almost all oil production, processing, marketing, and transportation in the United States.
