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Atlantic Petroleum Corporation history
Atlantic Petroleum Corporation company history timeline
In 1985 the company formed Lyondell Petrochemical Company by merging existing assets.
1989: Net income reaches a record high of $1.95 billion.
In 1991 ARCO had interests in 20 foreign countries, including a petrochemical plant in southern France, significant coal-mining interests in Australia, and a highly lucrative oil-exploration venture in Indonesia.
In 1994 Mike R. Bowlin took over as chief executive officer and the following year replaced Lodwrick M. Cook as chairman of the board.
1995: ARCO purchases an eight percent stake in the Russian oil company Lukoil.
By the end of 1997 ARCO had increased the field's production by 17,000 barrels a day.
In 1999 ARCO agreed to be acquired by BP Amoco for $26.8 billion in stock, which would make BP Amoco the world's second-largest oil and gas company.
The acquisition of Atlantic Richfield by BP Amoco in 2000 for $27 billion doubled the British company’s share of natural gas in Prudhoe Bay and made BP the second largest oil company in the world.
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Atlantic Petroleum Corporation competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Chevron | 1879 | $146.5B | 44,679 | 481 |
| Shell Trading | 1912 | $37.4B | 80,000 | 31 |
| CITGO Petroleum | 1910 | $24.1B | 3,400 | 4 |
| Valero Energy | 1980 | $129.9B | 10,015 | 55 |
| New Dominion, Llc | - | $540,000 | 7 | - |
| Thayer | 1981 | $20.0M | 300 | 5 |
Atlantic Petroleum Corporation history FAQs
Zippia gives an in-depth look into the details of Atlantic Petroleum Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Atlantic Petroleum Corporation. The employee data is based on information from people who have self-reported their past or current employments at Atlantic Petroleum Corporation. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Atlantic Petroleum Corporation. The data presented on this page does not represent the view of Atlantic Petroleum Corporation and its employees or that of Zippia.
Atlantic Petroleum Corporation may also be known as or be related to Atlantic Petroleum and Atlantic Petroleum Corporation.