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Amoco ( / ˈæməkoʊ / AM-ə-koh) is a brand of fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until ...
Since a five-letter name was easier for motorists to note, in 1961 the company began to replace the brand name American with Amoco, the name first coined by American Oil's original owners for the high-octane, anti-knock gasoline that had powered the Charles Lindbergh trans-Atlantic flight.
May 19, 2024 · Amoco Corporation, former American oil company, one of the largest producers and marketers of petroleum products in the United States, which was bought in 1998 by the giant British Petroleum (BP PLC). The Standard Oil Company (Indiana) was founded in 1889 by the Standard Oil trust (see Standard Oil.
- Castrol. Type of business: Industrial and automotive lubricants. Acquisition price: $4.7 billion. Acquisition date: 2002. FY 2022 revenue: ₹11.7 billion ($1.43 million)
- Aral. Type of business: Petroleum, petroleum product, durable goods, non-durable goods wholesaler. Acquisition price: £4 billion. Acquisition date: 2002. FY 2022 revenue: Included in BP's consolidated financials.
- ARCO and ampm. Type of business: Petroleum, petroleum product, durable goods, non-durable goods wholesaler. Acquisition price: $26.8 billion. Acquisition date: 1999.
- AMOCO. Type of business: Petroleum, petroleum product, durable goods, non-durable goods wholesaler. Acquisition price: $48.2 billion. Acquisition date: 1998.
May 19, 2024 · BP PLC, British petrochemical corporation that became one of the world’s largest oil companies through its merger with the Amoco Corporation of the United States in 1998. BP was initially registered on April 14, 1909, as the Anglo-Persian Oil Company, Ltd.
May 14, 2018 · The three major subsidiaries — Amoco Production Company, Amoco Oil Company, and Amoco Chemical Company — that had been responsible for the three major areas of operation were replaced by a decentralized structure with 17 business groups divided into three sectors: exploration and production, petroleum products, and chemicals.
In 1996 ARCO announced a joint venture with LUKOIL, Russia’s largest oil company, to produce gas and oil in Russia and elsewhere. In 2000, ARCO joined the BP group. All of the group’s US stations west of the Rocky Mountains took on ARCO branding, and the number of ampm outlets grew rapidly.
