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Robert Orville Anderson (April 12, 1917 – December 2, 2007) was an American businessman, art collector, and philanthropist who founded Atlantic Richfield Company (ARCO). Anderson also supported several cultural organizations, from the Los Angeles County Museum of Art to Harper's Magazine. He died December 2, 2007, at his home in Roswell, New ...
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 ...
Dec 6, 2007 · December 6, 2007 at 12:00 a.m. EST. Robert O. Anderson, a legendary wildcatter and philanthropist who founded the Atlantic Richfield oil company and used his clout to support an array of major ...
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 ...
Robert O. Anderson and then-president Thornton E Bradshaw2 that the company was leaving the long and instructive history of 1. Atlantic Richfield Company in 1980 ranked thirteenth in annual sales among American industrial companies, and ninth in annual earnings. It was the seventh largest U.S. oil company, and the ninth largest worldwide.
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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.
