Arco Diva
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Arco Diva
ARCO ( ) is a brand of filling station, gasoline stations currently owned by Marathon Petroleum after BP sold its rights. BP commercializes the brand in Northern California, Oregon and Washington, while Marathon has rights for the rest of the United States and in Mexico. ARCO had been established in 1966 as the "Atlantic Richfield Company", an independent petroleum, oil and gas company formed after the merger of Atlantic Petroleum and the Richfield Oil Corporation. History From 1966 to 2000, the 'Atlantic Richfield Company', doing business as ARCO, was an independent American petroleum industry, oil company with operations in the United States, Indonesia, the North Sea, the South China Sea, and Mexico. After its acquisition of Anaconda Copper, Anaconda Copper Mining Company in 1977, ARCO had owned hard rock mines in several western states, which has created environmental clean-up liabilities to the company to this day even after the mines were closed in the early 1980s. In 20 ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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