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Transcontinental Oil

Transportation Company - Transcontinental Oil - Energy
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Company NameTranscontinental Oil
CategoryEnergy
Year Founded1919
Final Year of Operation1962
TerminationReorganized
Successor/ParentMarathon Oil (Details)
Source of TextWikipedia
Text Credit URLLink
Transportation Company - Transcontinental Oil - Energy



Company History: The Transcontinental Oil Company was an oil refiner that was established in June 1919, in Pittsburgh, Pennsylvania. Foster Parriott served as president. Michael Late Benedum served as chairman of the board. Levi Smith served as director responsible for field operations. Transcontinental Oil was a refiner and marketed gasoline in the Midwest and South under the trademark “Marathon”.

It was purchased by the Ohio Oil Company in 1930. The acquisition included the Marathon product name and the Pheidippides Greek runner trademark and the “Best in the long run” slogan. In 1962 it was reorganized into the Marathon Oil Company.
Successor/Parent History:
Marathon Oil Corporation is an American company engaged in hydrocarbon exploration incorporated in Ohio and headquartered in the Marathon Oil Tower in Houston, Texas. A direct descendant of Standard Oil, it also runs international gas operations focused on Equatorial Guinea, offshore Central Africa.
Marathon Oil began as "The Ohio Oil Company" in 1887. In 1889, the company was purchased by John D. Rockefeller's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken up in 1911. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. In 1962, the company changed its name to "Marathon Oil Company".

Item Links: We found: 1 different collections associated with Transcontinental Oil - Energy
Item created by: gdm on 2017-10-10 09:58:51. Last edited by gdm on 2022-11-26 08:46:37

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