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Richfield Oil Corp emerged from receivership in 1936, after Rio Grande controlled by Consolidated Oil Corp and Cities Service Company agreed to a merger between Richfield Oil and Rio Grande. [ 9 ] During World War II , two Richfield Oil tanks were bombarded by the Imperial Japanese Army on February 23, 1942, in an attack on the Ellwood oil field , which is west of the city of Santa Barbara in ...
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. Atlantic Refining, whose predecessor firms date ...
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 ...
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.
Mar 16, 2024 · ARCO (Atlantic Richfield Company) is an American gas station and convenience store chain. Founded in 1966, ARCO was bought by the British oil company BP (British Petroleum) in 2000. The merger created one of the largest companies in the world with more than 11,000 outlets across Europe and North America.
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] The Richfield Oil Corporation was founded in 1905, [2] and opened its first automotive service station in Los Angeles in 1917. [3]
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Apr 1, 1999 · April 1, 1999 12 AM PT. TIMES STAFF WRITER. BP Amoco has agreed to buy Atlantic Richfield Co. in a stock swap worth about $27 billion that will fold the Los Angeles oil company into a new global ...
