Deutsche Gasolin AG
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Deutsche Gasolin AG
Gasolin AG was a German oil company from 1920 to 1971 (trading under this name from 1926); it ran its own chain of petrol stations. History and shareholdings Early years and expansion Origin Gasolin was founded on 23 March 1920 as ''Olea Mineralölwerke AG'' in Frankfurt, taking over the ''Deutsche Schmiermittel GmbH'' (German lubricant company). The purpose of the company was "acquisition, construction and operation of plants and enterprises aimed at the extraction, production, processing, recycling, storage, transport and trade of fuels of all kinds, lubricants, technical oils and greases, petroleum, tar and their reprocessing products, bitumen and related substances and other chemical products". From 1922 it operated under the name ''Oleawerke AG für Mineralöl-Industrie'' based in Frankfurt (Main), from December 1923 based in Berlin. By this time, it had already taken over Süddeutsche Oel- und Melanolwerke GmbH, based in Freiburg im Breisgau. The Stinnes era In June ...
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Oil Company
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of hydrocarbon exploration, exploration, extraction of petroleum, extraction, oil refinery, refining, Petroleum transport, transportation (often by oil tankers and pipeline transport, pipelines), and marketing of list of crude oil products, petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many petrochemical, chemical products, including pharmaceutical drug, pharmaceuticals, solvents, fertilizers, pesticides, synthetic Aroma compound, fragrances, and plastics. The industry is usually divided into three major components: upstream (petroleum industry), upstream, midstream, and downstream (petroleum industry), downstream. Upstream regards exploration and extraction of Petroleum, crude oil, midstream encompasses transportation and Oil terminal, storage of crude, and downstream concerns refining ...
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