0
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.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What made BP Amoco the world's largest solar energy company?
on April 6, 1999, BP Amoco bought Solarex, making BP Amoco the world's largest solar power company.
Which US oil company did the BP Oil Company buy out?
arco and amoco
Is BP Oil an American company?
Partially British and partly American, I think the shares stand at 40% British, 39% American. The CEO is British but the chairman is a Swede, BP have ditched the name British Petroleum after the merge with American oil company AMOCO.
Is Amoco a made up gas station or a real gas station?
Amoco was a real company that started as Standard Oil, then became the American Oil Company, then Amoco. It merged with BP in 1998.
What does Amoco oil have to do with BP?
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.
What does BP oil company stand for?
It stands for British Petroleum. The correct name is BP P.L.C. The company is an amalgamation of BP, Amoco, Arco and Sohio. The latter three companies American Companies. In 1998 it was called the British Petroleum Company P.L.C and on buying Amoco changed the name to BP Amoco P.L.C in 2001. The name was subsequently changed to BP P.L.C. All British Companies must by law provide Company details to Company House. The name shown on these documents must be the trading name. British Petroleum ceased to exist in 1998.
What is the ticker symbol for AMOCO?
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.
What is bp's merger partner?
Amoco
Who merged with BP in 98?
Amoco
What gas stations does bp own?
BP Amoco Arco Aral Castrol am/pm
When BP acquired Amoco on 8-11-98 how many shares of BP did you get for each share of AN?
0.6617 Share
When did British Petroleum purchase Amoco?
In August 1998 British Petroleum purchased Amoco for $57 billion, and British Petroleum renamed itself BP Amoco. On December 31, 1998, Browne's title became group CEO.
