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Burmah-Castrol
The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed "Burmah-Castrol". BP Amoco (now BP) purchased the company in 2000. History The company was founded in Glasgow in 1886 by David Sime Cargill, an East India merchant, to succeed his Rangoon Oil Company Ltd, also of Glasgow, to further expand and develop oil fields in the Indian subcontinent. On his death in 1904 the ownership and chairmanship passed to his son Sir John Cargill. In the 1900s, the Admiralty was projecting a changeover from coal to fuel oil for its warships. In 1905, the company signed a contract with the Admiralty to supply naval fuel oil from Rangoon. In the first decade of the 20th century, Burmah Oil created a new subsidiary company named Anglo-Persian Oil Company (APOC) to succeed the early prospecting in Persia of William Knox D'Arcy. 97% of the new company's shares were held by Burmah ...
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Castrol
Castrol is a British oil company that markets industrial and automotive lubricants, offering a wide range of oil, greases and similar products for most lubrication applications. The name ''Castrol'' was originally just the brand name for company's motor oils, but the company eventually changed its name to ''Castrol'' when the product name became better-known than the original company name ''CC Wakefield''. Since 2000, Castrol Limited has been a subsidiary of BP, which acquired the company for $4.73 billion. History The "Wakefield Oil Company" was founded by Charles Wakefield in 1899. Wakefield had previously left a job at Vacuum Oil to start a new business in London, selling lubricants for trains and heavy machinery. The company launched its first lubricant in 1906. The new business was established in Cheapside in London to commercialise lubricants for trains and other heavy machinery. Eight former Vacuum Oil employees joined Wakefield in his new company. In early ...
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Burmah-Castrol
The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed "Burmah-Castrol". BP Amoco (now BP) purchased the company in 2000. History The company was founded in Glasgow in 1886 by David Sime Cargill, an East India merchant, to succeed his Rangoon Oil Company Ltd, also of Glasgow, to further expand and develop oil fields in the Indian subcontinent. On his death in 1904 the ownership and chairmanship passed to his son Sir John Cargill. In the 1900s, the Admiralty was projecting a changeover from coal to fuel oil for its warships. In 1905, the company signed a contract with the Admiralty to supply naval fuel oil from Rangoon. In the first decade of the 20th century, Burmah Oil created a new subsidiary company named Anglo-Persian Oil Company (APOC) to succeed the early prospecting in Persia of William Knox D'Arcy. 97% of the new company's shares were held by Burmah ...
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David Sime Cargill
David Sime Cargill (9 April 1826 – 25 May 1904) was a Scottish businessman. He was the founder of Burmah Oil which expanded to become one of the United Kingdom's largest oil companies. Life He was born at Maryton, by Montrose, in Angus, Scotland, the son of James Cargill and his wife, Helen Thomson. Cargill briefly worked in Glasgow in the offices of East India merchants William Milne & Co for whom, in 1844, he set sail for Ceylon to establish a branch of the company there. He became a local partner in Colombo in 1850. In 1861 Cargill returned to Glasgow to acquire the whole business which carried on an extensive trade with India as well as Ceylon.Dictionary of Scottish Business Biography, published 1986History of the Burmah Oil Company 1886-1924 by T.A.B Corley, published in 1983 He remained chairman of Cargills in Ceylon until his death in 1904. In 1872, he became a director of the Glasgow-based Rangoon Oil Company engaged in marketing oil products. Four years later he boug ...
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Myanma Oil And Gas Enterprise
Myanma Oil and Gas Enterprise ( my, မြန်မာ့ရေနံနှင့် သဘာဝဓါတ်ငွေ့လုပ်ငန်း; abbreviated MOGE) is a national oil and gas company of Myanmar. It was established in 1963. MOGE royalties and fees are estimated to generate $1.5 billion USD in annual revenues, about half of the country's foreign currency reserves. History Myanma Oil and Gas Enterprise was established in 1963 after nationalisation of the Burmese petroleum industry. The nationalised assets of Burmah Oil Company were amalgamated to MOGE . Myanma discovered the Mann oil field in 1970. Peak production in 1979 was 23,000 barrels of oil per day, about three-quarters of Myanmar's total production. The company is a sole operator of oil and gas exploration and production, as well as domestic gas transmission through a onshore pipeline grid. MOGE is a partner in the Yadana natural gas pipeline project, operated by Total S.A., a French energy group. Ot ...
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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 ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, interm ...
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Companies Based In Glasgow
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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1886 Establishments In Scotland
Events January–March * January 1 – Upper Burma is formally annexed to British Burma, following its conquest in the Third Anglo-Burmese War of November 1885. * January 5– 9 – Robert Louis Stevenson's novella ''Strange Case of Dr Jekyll and Mr Hyde'' is published in New York and London. * January 16 – A resolution is passed in the German Parliament to condemn the Prussian deportations, the politically motivated mass expulsion of ethnic Poles and Jews from Prussia, initiated by Otto von Bismarck. * January 18 – Modern field hockey is born with the formation of The Hockey Association in England. * January 29 – Karl Benz patents the first successful gasoline-driven automobile, the Benz Patent-Motorwagen (built in 1885). * February 6– 9 – Seattle riot of 1886: Anti-Chinese sentiments result in riots in Seattle, Washington. * February 8 – The West End Riots following a popular meeting in Trafalgar Square, London. * February ...
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Non-renewable Resource Companies Established In 1886
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ...
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Economic History Of Myanmar
The economy of Myanmar has a nominal GDP of US$69.26 billion in 2022 and an estimated purchasing power adjusted GDP of $257.34 billion in 2022 according to the International Monetary Fund. For the 2022 estimate, GDP per capita in Myanmar would be $4,060.67 in PPP per capita and $1,409.70 in nominal per capita. History Classical era Historically, Burma was the main trade route between India and China since 100 BC. The Mon Kingdom of lower Burma served as important trading centre in the Bay of Bengal. The majority of the population involved in rice production and other forms of agriculture. Burma used a system based on siliver as a medium of exchange. All land was technically owned by the Burmese monarch. Exports, along with oil wells, gem mining and teak production were controlled by the monarch. Burma was vitally involved in the Indian Ocean trade. Logged teak was a prized export that was used in European shipbuilding, because of its durability, and became the focal ...
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Former BP Subsidiaries
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the ...
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War Damage Act 1965
The War Damage Act 1965 is an Act of United Kingdom Parliament which exempts the Crown from liability in respect of damage to, or destruction of, property caused by acts lawfully done by the Crown during, or in contemplation of the outbreak of, a war in which it is engaged. Enacted in the aftermath of the prominent case '' Burmah Oil Co. v Lord Advocate'', it is a rare piece of British legislation with retroactive effect. Ordinances The first clause of the War Damage Act 1965: A second clause was repealed in 1995. It read: References External links * United Kingdom Acts of Parliament 1965 United Kingdom military law 1965 in military history {{UK-statute-stub ...
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