answersLogoWhite

0

According to Wikipedia ... In 1984, Texaco bought Getty Oil of Tulsa, Oklahoma. On November 19, 1985, Pennzoil won a US$10.53 billion verdict from Texaco in the largest civil verdict in US history. (Texaco established a signed contract to buy Getty Oil after Pennzoil had already entered into an unsigned, yet still binding, buyout contract with Getty.) In the end, only some of the refineries changed hands, and Getty continued to exist. Getty gas stations survived the buyout. At one time, some were co-branded with Mid-Atlantic convenience store chain Uni-Mart, which now sells its own brand of gasoline. In 1997, Russia-based Lukoil purchased Getty Marketing, which had been spun off of Getty Realty, and in 2003 began the process of converting Getty stations to Lukoil. In 2004, however, Lukoil bought many Mobil stations from ConocoPhillips, who itself bought the stations from ExxonMobil in 2000. Because Lukoil only owns certain Mobil stations with limited rights to use the Mobil name, it has stopped rebranding the Getty stations until the Mobil stations have made the change to Lukoil.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

Who was the richest person in the year 1971?

In 1971, the richest person was J. Paul Getty, an American industrialist and founder of the Getty Oil Company. He was known for his immense wealth, primarily acquired from his oil investments.


Who was the richest man in the world in 1974?

In 1974, the richest man in the world was often considered to be John Paul Getty, an American oil tycoon. At the time, Getty's fortune was largely derived from his extensive oil investments, particularly through the Getty Oil Company. His wealth was estimated to be around $1.2 billion, making him one of the first billionaires in the world.


current owner ?

who is the current owner?


who is the current owner?

who is the current owner?


Who was the richest man in 1973?

In 1973, the richest man in the world was often considered to be John Paul Getty, an American oil tycoon. Getty's wealth primarily stemmed from his extensive oil investments and the establishment of Getty Oil Company. His fortune was estimated at around $2 billion at the time, making him a prominent figure in the business world. However, rankings can vary based on different sources and criteria for measuring wealth.


Who own getty images?

Getty


Whose formula for success was Rise early work hard and strike oil?

J. Paul Getty


who is current owner?

what is the year of vehicle and current owner


What is the birth name of Balthazar Getty?

Balthazar Getty's birth name is Getty, Paul Balthazar.


What is the birth name of Charlie Getty?

Charlie Getty's birth name is Charles Matthew Getty.


What is the birth name of Paul Getty?

Paul Getty's birth name is Eugene Paul Getty.


Who gave the getty birds address and why?

The bird of Getty.