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The Standard Oil Company (Ohio) was an American petroleum company that existed from 1870 to 1987. The company, known commonly as Sohio, was founded by John D. Rockefeller. [4] [2] It was established as as one of the separate entities created after the 1911 breakup. In the 1960s, Standard Oil of Ohio partnered with BP, in the development of the ...
On September 4, 2014, U.S. District Judge Carl Barbier ruled in the Clean Water Act trial that BP was guilty of gross negligence and willful misconduct under the Act. He described BP's actions as "reckless," while he said Transocean's and Halliburton's actions were "negligent." He apportioned 67% of the blame for the spill to BP, 30% to ...
Charles E. Spahr. Charles E. Spahr (October 8, 1913, in Kansas City, Kansas – April 7, 2009, in Shaker Heights, Ohio [1]) was the youngest person to be appointed President of Sohio (Standard Oil of Ohio). He was then appointed as CEO of Sohio from 1959 to 1977, and was instrumental in the building of the Alaskan Pipeline .
May 8, 2024 at 4:16 PM. By Clark Mindock and Ross Kerber. (Reuters) -A judge in Oklahoma blocked a state law that prohibits state pension systems from contracting with companies that limit ...
BP agreed to pay workers who got ill after exposure to oil and a chemical dispersant used to break it up. Takeaways from AP's story on the BP oil spill medical settlement's shortcomings Skip to ...
Such joint ventures eventually lead to BP's gradual acquisition of Sohio, completed in 1978 when BP renamed Sohio to BP America. Today, BP owns the rights to the Standard Oil name in Ohio, and is the largest gas station in the state with 491 BP-branded stations. Pennzoil (South Penn Oil Company), acquired by Shell and Devon Energy
Ohio Attorney General Dave Yost filed a lawsuit on Tuesday to remove two board members of the State Teachers Retirement System, saying they breached their fiduciary duty to protect the pension ...
BP America Production Co. v. Burton, 549 U.S. 84 (2006), was a United States Supreme Court case about whether a statute of limitations on government actions for contract claims applies to actions by a federal administrative agency to recover royalties on federal oil and gas leases. After two members recused themselves, the court ruled ...