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British-American Oil

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Company Name British-American Oil
Company Web Site Link
Category Energy
Year Founded 1906
Final Year of Operation 1969
Termination Acquired
Successor/Parent Gulf (Details)
Country United Kingdom (Details)
Source of Text Wikipedia
Text Credit URL Link
Company History: The British-American Oil Company (B/A) was founded in Toronto, Ontario, in 1906 by Albert Leroy Ellsworth (1876–1950).Gulf Canada, originally British-American Oil and eventually Gulf Canada Resources, is a major Canadian integrated gas, oil, and resources company in operation since 1906. It was Canada's 4th largest oil company and operated over 9,000 retail gasoline outlets. The company expanded rapidly through growth and acquisition to eventually be valued at over $6 billion. It was a highly visible company that was the subject of controversial acquisition strategies, the federal government's efforts to Canadianize the oil and gas industry, and the failure of the world's largest property developer. At its peak, it was a diversified conglomerate whose assets included a major distillery company, the world's largest pulp and paper producer, a major pipeline, and Canada's largest natural gas distributor. In 2001, it was operated as Phillips 66 Canada. In 2015, Gulf Canada has returned to bring back Gulf gas stations across Canada with an expansion plan by inviting gas stations owners to join the Gulf banner.From Wikipedia
Successor/Parent History: Gulf Oil was a major global oil company in operation from 1901 to 1985. The eighth-largest American manufacturing company in 1941 and the ninth largest in 1979, Gulf Oil was one of the Seven Sisters oil companies. Prior to its merger with Standard Oil of California, Gulf was one of the chief instruments of the Mellon family fortune; both Gulf and Mellon Financial had their headquarters in Pittsburgh, Pennsylvania, with Gulf's headquarters, the Gulf Tower, being Pittsburgh's tallest building until the completion of the U.S. Steel Tower.

Gulf Oil Corporation (GOC) ceased to exist as an independent company in 1985, when it merged with Standard Oil of California (SOCAL), with both rebranding as Chevron in the United States. Gulf Canada, Gulf's main Canadian subsidiary, was sold the same year with retail outlets to Ultramar and Petro-Canada and what became Gulf Canada Resources to Olympia & York. However, the Gulf brand name and a number of the constituent business divisions of GOC survived. Gulf has experienced a significant revival since 1990, emerging as a flexible network of allied business interests based on partnerships, franchises and agencies.
Brief History: The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe. England – birthplace of Shakespeare and The Beatles – is home to the capital, London, a globally influential centre of finance and culture. England is also site of Neolithic Stonehenge, Bath’s Roman spa and centuries-old universities at Oxford and Cambridge.
Item Links: We found: 1 different collections associated with British-American Oil - Energy
Item created by: CNW400 on 2020-07-07 16:20:53

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