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Transportation Company - Gulf - Energy
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Company NameGulf
CategoryEnergy



Company History: When the company that was to be known as Gulf was born in 1901 with an oil discovery in Spindletop, Texas, the primary commercial fuel was coal. By 1903, the age of mechanization had arrived and it was now up to the petroleum industry to keep pace, for the age could not proceed without it. Gasoline development, into which Gulf invested millions of dollars, responded to advances in automotive technology to make the modern motorcar possible. Within a dozen years of Spindletop, Gulf scored notable firsts with the world?s first drive-in service station, complimentary Gulf road maps and over water drilling at Ferry Lake. In 1917, the Gulfstream went into World War I service, along with the rest of Gulf's tanker fleet.

Gulf Oil, now headquartered in Wellesley Hills, Massachusetts was purchased by ArcLight Capital Partners, LLC, an industry leading Private Equity Sponsor, and has since merged with Petroleum Products Corporation. With an extensive distribution network, the company supplies motor fuels through 17 owned and operated terminals and more than 1,800 Gulf branded gas stations and service stations, as well as heating oil, diesel fuel, jet fuel and kerosene, across the East and Gulf Coasts. Through its highly diversified assets and experienced management team, Gulf plans to expand its footprint throughout the Gulf Coast and eventually through North America.

Item Links: We found: 4 different collections associated with Gulf - Energy
Item created by: gdm on 2017-10-10 09:56:52. Last edited by gdm on 2017-10-10 21:34:22

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