Lago Petroleum Corporation
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Lago Petroleum Corporation
Lago Petroleum Corporation was an oil production company established by Americans in 1923 that exploited the oilfields in Lake Maracaibo. It was acquired by Standard Oil of New Jersey in 1932. Later it was nationalized. Ownership Edward L. Doheny, who owned the Pan American Petroleum and Transport Co., controlled the Barco concession in Colombia through a subsidiary. He became interested in Venezuelan oil operations, including a pipeline from Colombia to Venezuela to reduce the cost of exporting the Colombian oil. After meetings between J.A. Coronil and Doheney's staff, the Lago Petroleum Co. was formed by Preston McGoodwin, Joshua S. Cosden and Payne Whitney Associates, and registered in Delaware on 12 April 1923. British-Mexican Petroleum acquired about 25% of its stock. In 1924 the company took over concessions that had been granted to the British Equatorial Oil Company in addition to properties it had purchased from twenty Venezuelans who had obtained them from General Ju ...
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Standard Oil
Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-founder and chairman, John D. Rockefeller, who is among the wealthiest Americans of all time and among the richest people in modern history. Its history as one of the world's first and largest multinational corporations ended in 1911, when the U.S. Supreme Court ruled that it was an illegal monopoly. The company was founded in 1863 by Rockefeller and Henry Flagler, and was incorporated in 1870. Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was an innovator in the development of the business trust. The Standard Oil trust streamlined production and logistics, lowered costs, and undercut competitors. "Trust-busting" cri ...
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Esso
Esso () is a trading name for ExxonMobil. Originally, the name was primarily used by its predecessor Standard Oil of New Jersey after the breakup of the original Standard Oil company in 1911. The company adopted the name "Esso" (the phonetic pronunciation of Standard Oil's initials, 'S' and 'O'),Don't ignore history
by Robert Sobel on Barro's, 7 Dec 1998
to which the other Standard Oil companies would later object. Standard Oil of New Jersey started marketing its products under the Esso brand in 1926. In 1972, the name Esso was largely replaced in the U.S. by the Exxon brand after the Standard Oil of New Jersey bought , while the Esso name remained widely used elsewhere. In most of the wo ...
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1920s In Venezuela
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipknot. ...
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Non-renewable Resource Companies Disestablished In 1976
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 i ...
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Non-renewable Resource Companies Established In 1923
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 i ...
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Energy Companies Established In 1923
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when s ...
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Defunct Oil Companies Of The United States
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Oil And Gas Companies Of Venezuela
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Lake Tanker
Lake tankers were small (up to 5,000 ton) specially designed shallow-Draft (hull), draft Tanker (ship), tanker ships that carried the Petroleum, crude oil, pumped from beneath Lake Maracaibo in Venezuela, to the three off-shore Oil refinery, refineries located on the Dutch islands of Aruba and Curaçao. Background The crude obtained from Lake Maracaibo was processed at refineries located at Aruba and Curaçao, Netherlands West Indies. Aruba had two refineries, Lago Oil and Transport Company, owned by Standard Oil of New Jersey and Eagle, owned by Royal Dutch Shell. There was also a Royal Dutch Shell refinery on the island of Curaçao. The Lago refinery housed the officers and their families in Lago Colony, a community owned by the company which housed all their foreign staff employees. All three refineries depended on a fleet of "Lake Tankers" to supply the crude to be refined, carried from Lake Maracaibo through the shallow cannel between it and the Caribbean Sea. This shall ...
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Lago Colony
Lago Colony was a community located on the east end of the island of Aruba, near the area presently known as Seroe Colorado. The town consisted of 377 homes, a hospital, church, club house, bowling alley, and an American School, with first through twelfth grades and approximately 180 students. The population of Lago Colony was primarily from the United States, although there was a large population from England, Ireland, and Scotland who were primarily officers on the lake tanker fleet. In addition there were Dutch, Danish, Spanish and other nationalities represented in the community. This town was supported by a large oil refinery in the world, which at that time was owned by a subsidiary of Standard Oil of New Jersey, known as Lago Oil and Transport Company. Lago had its beginning in 1924 as a trans-shipping facility for crude oil extracted by the Lago Petroleum Corporation operating in Lake Maracaibo. The crude oil was transported to Aruba in flat bottom, shallow draft, ...
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La Salina, Venezuela
LA most frequently refers to Los Angeles, the second largest city in the United States. La, LA, or L.A. may also refer to: Arts and entertainment Music * La (musical note), or A, the sixth note * "L.A.", a song by Elliott Smith on ''Figure 8'' (album) * ''L.A.'' (EP), by Teddy Thompson * ''L.A. (Light Album)'', a Beach Boys album * "L.A." (Neil Young song), 1973 * The La's, an English rock band * L.A. Reid, a prominent music producer * Yung L.A., a rapper * Lady A, an American country music trio * "L.A." (Amy Macdonald song), 2007 * "La", a song by Australian-Israeli singer-songwriter Old Man River Other media * l(a, a poem by E. E. Cummings * La (Tarzan), fictional queen of the lost city of Opar (Tarzan) * ''Lá'', later known as Lá Nua, an Irish language newspaper * La7, an Italian television channel * LucasArts, an American video game developer and publisher * Liber Annuus, academic journal Business, organizations, and government agencies * L.A. Screenings, a ...
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Lagunillas Municipality, Zulia
Lagunillas Municipality is one of the 21 municipalities that make up Zulia State, Venezuela. There are about 170,000 inhabitants. The shire town is Ciudad Ojeda. See also * Municipalities of Venezuela External links * http://www.randytrahan.com/ocov/ Municipalities of Zulia {{venezuela-geo-stub ...
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