Amoco
According to the official BP website, the company BP merged with the company Amoco on 1998. According to the New York Times, the BP bought the site for 48.2 billion dollars.
AMOCO became part of BP (formerly known as British Petroleum) when they merged in 1998. Its ticker symbol was AN prior to the merger. BP continues to market products under the AMOCO brand. The ticker symbol of BP is BP.
0.6617 Share
BP merged with Amoco in 1998. The merger was officially completed on December 11, 1998, creating one of the world's largest oil and gas companies. This strategic move was aimed at increasing BP's presence in the U.S. market and enhancing its global operations.
Perhaps he is in Atrial Fibrillation.
I am also 61 and my blood pressure was 156 over 96. My Dr has changed my medication and I now have to have a BP check every week for a month. My life assurance premium has been increased because of this BP.
In 1911 the case of Standard Oil of New Jersy v. United States was decide. Standard Oil was to break up into 34 companies. Many of these companies are still in business today under different names: Esso (later Exxon) Socony (later Mobil) Socal (later Chevron) Stanolin (later Amoco, merged with BP) Kyso (Merged with Chevron) Conoco (later ConocoPhilips) Sohio (merged with BP) Marathon Oil Company Some were absorbed by the ones listed above and other, lesser now company came out of the case too.
In 1911 the case of Standard Oil of New Jersy v. United States was decide. Standard Oil was to break up into 34 companies. Many of these companies are still in business today under different names: Esso (later Exxon) Socony (later Mobil) Socal (later Chevron) Stanolin (later Amoco, merged with BP) Kyso (Merged with Chevron) Conoco (later ConocoPhilips) Sohio (merged with BP) Marathon Oil Company Some were absorbed by the ones listed above and other, lesser now company came out of the case too.
Amoco was a real company that started as Standard Oil, then became the American Oil Company, then Amoco. It merged with BP in 1998.
Amoco is a brand owned by BP. BP bought Amoco Corporation in 1998. The merged company was known as "BP Amoco" until 2001, then changed its name to BP p.l.c. The letters BP do not stand for British Petroleum any more. The company is a global supermajor, headquartered in London, traded in New York and London, with operations on all continents. Most of its U.S. workforce are former employees or Amoco and Arco (Atlantic Richfield). Under CEO Sir John Browne, BP used the slogan 'Beyond Petroleum', implying an effort to become an "energy company" rather than strictly an oil and gas company. Other brands owned by BP include Castrol (engine oils), Aral (German network of gas stations), ARCO.
BP is mostly British AND American - 40% shareholders are British and 39% are US. Thus 21% are owned by shareholders in a number of other countries. Hence, it is, arguably, not a British or American company in the true sense but a multinational one.Note also, while the CEO is British, the Chairman is Swedish.While the parent company of the Group, BP plc, is registered in Britain, different parts of the BP Group are registered companies in different countries, including the USA, Britain and Russia, to name just three.Plus, BP is more correctly known as BP, and NOT British Petroleum. It has not been legally known as British Petroleum since 2001, when BP merged with the US company AMOCO.The company within the group that is actually closest associated with the Gulf oil spill is actually BP USA Inc.It is, therefore, argued that BP USA Inc that should be burdened with the cost of the oil spill cleanup, and not the whole of the BP international group.
As of July 2014, the market cap for BP p.l.c. (BP) is $157,930,682,942.25.