Organization
BP
British oil company, headquartered in London; it bought Standard Oil of Ohio in 1987 and merged with Amoco in 1998.
- Also known as
- British Petroleum, BP Amoco, BP p.l.c.
British Petroleum Company and Amoco Corporation
- Settled with U.S. Federal Trade Commission: consent agreement: 134 gas stations and nine terminals to be sold 2
BP Amoco and Atlantic Richfield Company
- Settled with U.S. Federal Trade Commission: consent order: ARCO’s Alaska North Slope assets and Cushing, Oklahoma crude business to be sold 3
Connections 7
settled with
- U.S. Federal Trade Commission 30 Dec 1998 consent agreement: 134 gas stations and nine terminals to be sold Primary record 2
- U.S. Federal Trade Commission 13 Apr 2000 consent order: ARCO’s Alaska North Slope assets and Cushing, Oklahoma crude business to be sold Primary record 3
owns a stake in
-
Iranian Oil Participants, Ltd.
1954
40%
Primary record
1
Listed in the CIA history as British Petroleum, the new name of the AIOC.
acquired
- Standard Oil Company of Ohio 1987 Scholarship & press 4
formerly
-
Anglo-Iranian Oil Company
renamed British Petroleum
Primary record
1
The CIA history gives the new name in its account of the 1954 oil agreement.
includes
headquartered in
Timeline 5 dates
- 1954 BP owns a stake in Iranian Oil Participants, Ltd.
- 1987 BP acquired Standard Oil Company of Ohio
- 1998 Amoco part of BP
- 30 Dec 1998 BP settled with U.S. Federal Trade Commission
- 13 Apr 2000 BP settled with U.S. Federal Trade Commission
Proof 4 sources
-
The Battle for Iran (CIA History Staff, written in the mid-1970s; excised release 1981; this version released 2013), Central Intelligence Agency.
Primary record
British Petroleum, the new name of the AIOC, owned 40%, Royal Dutch-Shell 14%, Compagnie Francaise des Petroles 6%, and U.S. oil companies 40%
British Petroleum, the new name of the AIOC, owned 40%
-
BP/AMOCO Agree to Divest Gas Stations and Terminals to Satisfy FTC Antitrust Concerns, Federal Trade Commission, 30 Dec 1998.
Primary record
Archived copy
Under the proposed agreement, BP and Amoco would divest 134 gas stations in eight markets and nine light petroleum products terminals.
The British Petroleum Company p.l.c. ("BP") and Amoco Corporation ("Amoco") have agreed to make certain divestitures
BP, headquartered in London, England, is a diversified energy products company
-
FTC Clears Merger of BP Amoco and Atlantic Richfield Company, Federal Trade Commission, 13 Apr 2000.
Primary record
Archived copy
Under the terms of the order, BP Amoco would be required to divest all of ARCO's assets relating to oil production on Alaska's North Slope (ANS) to Phillips Petroleum Company (Phillips) or another Commission-approved purchaser.
-
Standard Oil, Encyclopaedia Britannica (Internet Archive copy; britannica.com refused curl with 403).
Scholarship & press
British Petroleum Company PLC completed the purchase of Standard Oil Company (Ohio) in 1987, and in 1998 British Petroleum (renamed BP ) merged with Amoco.
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