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Nov 15, 2024 · 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. Atlantic Refining, whose predecessor firms date ...
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.
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). [1] A Richfield service station located in Tucson, Arizona, July 1939.
25-Feb-2000: US-6302206-B1 ... When was Atlantic Richfield founded? Atlantic Richfield was founded in 1966. ... Atlantic Richfield is a Private company.
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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 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.
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Atlantic Richfield was founded in 1865 as the Atlantic Refining Company, and established the first refinery in the United States in Philadelphia, Pennsylvania that same year. Atlantic Refining was swallowed by the Standard Oil Company in 1874, but reemerged as an independent company in 1911, when the Standard Oil Trust was broken up by the U.S. Supreme Court under the Sherman Antitrust Act.
