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1957: Richfield is the first to discover oil in Alaska. 1966: Atlantic Refining and Richfield merge to form the Atlantic Richfield Company. 1977: The Alaskan pipeline opens with Atlantic Richfield as 21 percent owner. 1989: Net income reaches a record high of $1.95 billion.
Nov 15, 2024 · 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. After the U.S. Supreme Court’s dissolution of ...
1936: Rio Grande Oil merges with other companies to become the Richfield Oil Corporation. 1938. Richfield embarked on a new era, marked by a significant oil discovery in California in 1938. 1948. By 1948, according to Jones, Richfield had developed into a highly successful, well-balanced oil company. 1956.
Atlantic Petroleum was an oil company in the Eastern United States headquartered in Philadelphia, Pennsylvania, and a direct descendant of the Standard Oil Trust. [1] It was also one of the companies that merged with Richfield Oil Corporation to form the "AtlanticRichfield Co.", later known as ARCO. After an unsuccessful spinoff from ARCO ...
1966 - Atlantic Richfield Company established as an independent oil and gas company formed from the merger of Atlantic Petroleum and the Richfield Oil Corporation. 1969 - Atlantic Richfield Company acquires Sinclair Oil, and decides to merger their three separate service brands into one called "ARCO".
American oil company From Wikipedia, the free encyclopedia Atlantic Richfield Company History Early period 1980s 1990s 2000s Headquarters buildings Research Laboratory ARCO Solar ARCO Chemical Anaconda Copper Superfund site Legal issues Sponsorships Sports Music Leadership President Chairman of the Board ARCO service station brand History See also References External links
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Atlantic was founded in Pennsylvania in 1866. Initially Atlantic concentrated solely on shipping and storing oil, but within a few years it got into the refining business, where it would really make a name for itself. Less than a decade after its founding John D. Rockefeller’s Standard Oil Trust snapped up the company.
