Who owns the Gulf Oil brand?
Gulf Oil Limited Partnership (GOLP), based in Framingham, Massachusetts, has bought a license for North American rights to the Gulf brand from Chevron. Chevron still owned the Gulf brand, but was making almost no direct use of it.
Are oil companies price makers or takers?
U.S. oil companies are price takers, not price makers. Yes, speculators have an influence, just as they do with Apple stock. Even OPEC and Russia don’t control oil prices, although they do have tremendous influence relative to ExxonMobil.
Who owns GOLP gas stations?
GOLP operates a distribution network reaching from Maine to Ohio. Most Gulf-branded filling stations in North America are owned by Cumberland Farms of Framingham, which owns a two-thirds interest in GOLP.
What is Gulf Oil International?
The corporate vehicle at the center of the Gulf network outside the United States, Spain and Portugal is Gulf Oil International, a company owned by the Hinduja Group.
What oil companies are drilling in the Gulf of Mexico?
Profiles of Companies That Operate in the Gulf of MexicoAllseas USA. Allseas USA provides offshore pipe laying and subsea construction services in the Gulf.Anadarko Petroleum. ... ATP. ... BP. ... Chevron. ... Cobalt International Energy L.P. ... ConocoPhillips. ... Ensco.More items...
Does Chevron own Gulf oil?
Gulf Oil Corporation, former American petroleum company; it was acquired by Chevron Corporation in 1984. Although Gulf Oil was originally incorporated in 1907, its beginnings go back to the tapping in 1901 of an enormous oil gusher on Spindletop Hill, near Beaumont, Texas.
Who bought out Gulf gas stations?
In December 2015, ArcLight Capital Partners purchased Gulf Oil LP from Cumberland Farms for $ 800 million.
Where does Lucas Oil get their oil?
Lucas Oil has two major plants in the United States. The original plant is located in Corona, California, which also houses Lucas Oil Corporate Headquarters, Lucas Oil Production Studios, Team Lucas, LucasOilRacingTV and the Lucas owned motorsports network, MAVTV.
Is Gulf oil still in business?
Gulf Oil Corporation (GOC) ceased to exist as an independent company in 1985, when it merged with Standard Oil of California (SOCAL), with both re-branding as Chevron in the United States.
Is Gulf oil a good company?
Is Gulf Oil a good company to work for? Gulf Oil has an overall rating of 4.4 out of 5, based on over 141 reviews left anonymously by employees. 90% of employees would recommend working at Gulf Oil to a friend and 65% have a positive outlook for the business. This rating has improved by 5% over the last 12 months.
Who owns Gulf Oil lubricants?
Gulf Oil Lubricants India Ltd (GOLIL), part of the Hinduja Group, is an established player in the Indian Lubricants Industry.
Who owns Sunoco?
Energy Transfer PartnersIn 2012, Dallas-based energy company Energy Transfer Partners purchased Sunoco.
Who makes Gulf Western Oil?
Peter Vicary and his sons Ben and Andrew founded Gulf Western Oil in 1988 for the sole purpose to design an oil specific to the Australian market. Australia has embraced this concept and over the last 33 years Gulf Western has become a leader in their field.
Is Lucas Oil good for your engine?
A: Yes, In addition to being great for your engine, you can also mix it 25% / 75% a manual transmission and 50% / 50% in the differential. Lucas Oil Stabilizer blends with any petroleum-based or synthetic oil, and is formulated for gasoline or diesel engines.
What is Lucas Oil Worth?
$300 million to $500 millionIt's totally one-off." Lucas is the founder of Lucas Oil Products. His net worth is estimated at from $300 million to $500 million. He first saw Le Chateau in 2008, a couple of years after buying the naming rights for the Indianapolis Colts stadium.
Who is the owner of Lucas?
FORREST LUCASFORREST LUCAS, OWNER AND CEO OF LUCAS OIL PRODUCTS SPEAKS ABOUT HIS INITIATIVE "PROTECT THE HARVEST" AT THE INDIANA BEEF CATTLE ASSOCIATION ANNUAL CONVENTION AND BUSINESS MEETING.
What did Baker Hughes buy?
On November 17, 2014, Halliburton and Baker Hughes jointly announced a definitive agreement under which Halliburton will, subject to the conditions set forth in the agreement, acquire Baker Hughes in a stock and cash transaction value d at $34.6 billion. A press release made available on the former's website, as at December 11, 2014 detailed the restructuring in the integration to follow. The firm announced it would acquire Baker Hughes for around $35 billion in cash and stock, creating an oilfield services company that aims to compete with Schlumberger. Prior to the merger of Baker Hughes and Halliburton, Halliburton must divest over $5 billion of its assets according to the regulations created by US competition enforcement authorities. The merger had a deadline of the end of April 2016 after which, if a decision had not been made, both companies could walk away from the deal if they chose. At the beginning of May 2016, the day after the deadline expired, Halliburton and Baker Hughes announced the termination of the merger agreement.
When did Cruikshank serve?
Cruikshank had served since 1989 . In the early 1990s, Halliburton was found to be in violation of federal trade barriers in Iraq and Libya, having sold these countries dual-use oil drilling equipment and, through its former subsidiary, Halliburton Logging Services, sending six pulse neutron generators to Libya.
When did Halliburton change its name?
On July 5, 1961, the company changed its name to the Halliburton Company. In 1963, Halliburton was the first company in Oklahoma to receive the Presidential "E" for Export flag in recognition of notable contributions to foreign trade.
Was Halliburton at fault for the Deepwater Horizon oil spill?
Investigations carried out by the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling found that Halliburton was jointly at fault along with BP and Transocean for the spill. The concrete that Halliburton used was an unstable mixture, and eventually caused hydrocarbons to leak into the well, causing the explosion that started the crisis.
Who bought out the Gulf oil?
Gulf Oil was bought out by Chevron in 1984, but prior to that time the big orange Gulf “disc” sign was an iconic part of the American landscape. During its heyday, Gulf offered three fuel choices, at three different price points: Gulftane (sub-grade regular), Good Gulf (regular), and Gulf No-Nox (premium).
What is the happy oil drop man?
The Happy Motoring Oil Drop Man was introduced as an Esso mascot in Denmark during World War II as a pleasant medium to deliver the bad news about ongoing fuel shortages. He debuted in the U.S. in 1958 and appeared on various giveaway items, including key chains and gift packages that featured a road map, a can of handy oil, and one of lighter fluid. Happy was phased out in the 1960s by the more aggressive Esso tiger.
What was the Mr. President coin game?
It was the company’s Mr. President Coin Game that caused folks to flock to the pumps. Shell offered a series of 31 coins featuring the different Presidents of the United States (we had a lot less of ‘em back then) along with cards on which there were marked slots for specific coins. When you filled up a card, you won the specified prize. Some coins were instant cash winners—Martin van Buren was worth $500 and James Madison earned a cool $1000, while poor Chester A. Arthur only netted you a buck. Of course, in 1969, a dollar bought three gallons of gas pumped by an attendant who checked your oil and washed your windshield.
When did Gulf give away the Apollo 11 kit?
To commemorate the Apollo 11 mission, Gulf gave away a free lunar module model kit in 1969. The cardboard sheet filled with punch-out pieces measured about 12 inches by 18.5 inches and came with a set of fairly complicated instructions for assembly.
What is Union 76 Balls?
See how many of these tchotchkes you remember. 1. Union 76 Balls. Union Oil introduced “76” gasoline in 1932; the name was intended to refer both to the Declaration of Independence and the fuel’s octane rating.
History of the E-Z-GO Golf Cart
EZGO was started by two brothers, Billie and Beverly Dolan, in 1954. Later on, they sold the company to the current owners, Textron Company. Both brothers continued to work with Textron until 1978. Currently, E-Z-GO headquarters is based in Augusta, Georgia.
List of EZGO Golf Cart Models
The 2Five model is an LSV designed to be street legal and comes with a title of ownership. This model is ready to make your life easy and fun. The 2Five golf cart is excellent for beach communities, side streets, and residential areas. The model offers balanced convenience, safety, and environmental responsibility.
Business Overview
- Locations
The company has dual headquarters located in Houston and in Dubai, but it remains incorporated in the United States. - Divisions
Energy services (the company's historical cornerstone), formation evaluation, digital and consulting services, production volume optimization, and fluid systems are the major business segments. These businesses continue to be profitable, and the company is one of the world's lar…
History
- Early history
The company was started in 1919 by Erle P. Halliburton as the New Method Oil Well Cementing Company.[citation needed] In 1920, he brought a wild gas well under control, using cement, for W.G. Skelly, near Wilson, Oklahoma. On March 1, 1921, the Halliburton "method and means of ex… - As Halliburton
On July 5, 1961, the company changed its name to the Halliburton Company. In 1963, Halliburton was the first company in Oklahoma to receive the Presidential "E" for Export flag in recognition of notable contributions to foreign trade. Halliburton opened a 500,000 sq ft (46,000 m2) manufact…
Controversies and Criticism
- Halliburton has become the object of several controversies involving the Iraq War and the company's ties to former U.S. Vice President Dick Cheney. Cheney retired from the company during the 2000 U.S. presidential election campaign with a severance package worth $36 million. As of 2004, he had received $398,548 in deferred compensation from Halliburton while Vice Pre…
Corporate Affairs
- Headquarters
Halliburton's headquarters (North Belt Campus) are located in northern Houston, Texas, near George H.W. Bush Intercontinental Airport. Halliburton was headquartered in Dallas, Texas, from 1961 to 2003. The company moved its headquarters from the Southland Life Building in Dallas t…
See Also
Further Reading
- Briody, Dan (2004). The Halliburton Agenda: The Politics of Oil and Money. John Wiley & Sons, Inc. ISBN 0-471-63860-9.
External Links
- Official website
- Business data for Halliburton: