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- Atlantic Refining, whose predecessor firms date back to the 1850s, was incorporated in 1870 and, after 1892, became one of the eastern companies of the Standard Oil Trust. After the U.S. Supreme Court’s dissolution of the Standard Oil group in 1911, Atlantic Refining again became independent, with its headquarters in Philadelphia.
www.britannica.com/money/Atlantic-Richfield-Company
In 1874, the company, now known as "Atlantic Refining", was purchased by John D. Rockefeller and integrated as part of Standard Oil. [3] The acquisition gave Rockefeller a major presence on the East Coast in his growing empire.
6 days ago · The Atlantic Richfield Company was created in 1966 by the merger of Richfield Oil Corporation and Atlantic Refining Company. Atlantic Refining, whose predecessor firms date back to the 1850s, was incorporated in 1870 and, after 1892, became one of the eastern companies of the Standard Oil Trust.
In 1865, six years after Drake's Folly, the world's first oil derrick, went into operation, Charles Lockhart and his partners established the Atlantic Refining Company in Philadelphia, the first refinery in the United States.
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).
Commercial oil exploration started in Prudhoe Bay, Alaska in the 1960s and the Prudhoe Bay Oil Field, North America's largest oil field, was discovered on March 12, 1968, by Atlantic Richfield Company (ARCO) and Exxon with the well Prudhoe Bay State #1.
In 1874, the company, now known as Atlantic Refining, was acquired by John D. Rockefeller and integrated as part of Standard Oil. In 1886, after acquiring other oil companies, the Standard Oil Trust organized territories for their companies.
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Sep 17, 2024 · The Atlantic Richfield Company, Arco, was founded in 1966 after Richfield Oil and Atlantic Refining Company merged. Atlantic Refining's history dates to the 1850s, making it one of the oldest oil companies on the East Coast.
