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Pennzoil
Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate.Pennzoil Company
Encyclopedia Britannica


History


Beginning and expansion

Origins of the company can be traced to the "South Penn Oil Company", an oil business started in by and

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Pennzoil Oil Bottles
Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate.Pennzoil Company
Encyclopedia Britannica


History


Beginning and expansion

Origins of the company can be traced to the "South Penn Oil Company", an oil business started in by and

picture info

Pennzoil Motor Oil Can
Pennzoil is an American motor oil brand currently owned by Shell plc. The former Pennzoil Company had been established in 1913 in Pennsylvania, being active in business as an independent firm until it was acquired by Shell in 2002, becoming a brand of the conglomerate.Pennzoil Company
Encyclopedia Britannica


History


Beginning and expansion

Origins of the company can be traced to the "South Penn Oil Company", an oil business started in by and



United Gas Corporation
United Gas Corporation was a major oil company from its inception in 1930 to its hostile takeover and subsequent forced merger with Pennzoil in 1968.United Gas Corp. v. Pennzoil Co., 248 F.Supp. 449 (S.D.N.Y. 1965) http://www.leagle.com/decision/1965697248FSupp449_1615.xml/UNITED%20GAS%20CORPORATION%20v.%20PENNZOIL%20COMPANY Headquartered in Shreveport, Louisiana, United and its major subsidiaries, Union Producing Company, United Gas Pipeline Company, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production, processing, and distribution of oil and natural gas and other raw materials. Second only to Gulf Oil in size and scope, United Gas was one of the first natural gas transmission companies. In 1968, United was merged into Pennzoil, and the firm was renamed Pennzoil United, Inc. The retail gas distribution assets of United were spun off into Entex Energy in 1970. United Gas Pipeline stock was distributed to Pennzoil shareholders in 197 ...
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Pennzoil Place
Pennzoil Place is a set of two 36-story towers in Downtown Houston, United States. designed by Philip Johnson/John Burgee Architects from a concept by Eli Attia, a staff architect with the firm. Completed in 1976, it is Houston's most award-winning skyscraper and is widely known for its innovative design. History In May 1976 Deutsche Bank and other partners in a West German investment group bought a 90 percent interest in the Pennzoil Place building for $100 million. As of 2002 Arthur Andersen was vacating about of space in Pennzoil Place.Bivins, Ralph.Halliburton headquarters moving here / 5 Houston Center lease brings firm from Dallas" ''Houston Chronicle''. Tuesday July 16, 2002. Business 1. Retrieved on January 23, 2010. Development and style Pennzoil Place, developed and managed by Gerald D. Hines Interests, consists of two trapezoidal towers placed ten feet apart and sheathed in dark bronze glass and aluminum. The buildings are mirror images of each other. The entire str ...
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Quaker State
Quaker State is an American brand of motor oil produced by Shell, the US-based division of Shell plc since 2002,Pennzoil Company
on the Encyclopedia Britannica
when Shell Oil Co. acquired Pennzoil-Quaker State Co. for $1.8 billion in cash and $1.1 billion in debt. The former Quaker State Oil Refining Company had been constituted in 1924 after the Eastern Refining Co. acquired rights to the ''Quaker State'' brand name to the Phinny Brothers Oil Company, which had been producing the Quaker lubricants since 1912, gaining reputation in the U.S. after a deal signed with automotive manufacturer in 1914. In 1931, it b ...
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Getty Oil
Getty Oil was an American oil marketing company with its origins as part of the large integrated oil company founded by J. Paul Getty. History J. Paul Getty incorporated Getty Oil in 1942. He had previously worked in the oil fields of Oklahoma along with his father George Getty. When George died, he left J. Paul with $500,000 and a projection that he would destroy the family business. Starting in 1949, J. Paul Getty negotiated a 30-year old concession in the neutral zone between Saudi Arabia and Kuwait. Gordon Getty and his family inherited a 40% interest in the company when J. Paul Getty died in 1976. In 1984, after entering into a binding agreement to sell Getty and its 2.3-billion-barrel stockpile of proven oil reserves to Pennzoil, Gordon Getty struck a dramatic deal to sell the company to Texaco. On November 19, 1985, in the case of '' Texaco, Inc. v. Pennzoil, Co.'', Pennzoil won a US$10.53 billion verdict against Texaco in the largest civil verdict in U.S. history ...
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Shell Plc
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whic ...
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Baine Kerr
Baine Perkins Kerr (August 24, 1919 – May 20, 2008) was a prominent Houston lawyer who was a partner in the law firm of Baker and Botts, where he managed the corporate law department, before he joined Pennzoil. Career Kerr was president of Pennzoil and on the board of directors from 1964 to 1994. He served in World War II, and graduated from the University of Texas at Austin. He married Mildred C. Kerr in 1942, with whom he would raise four children, Baine P. Kerr, Jr., John Caldwell Kerr, James Robinson Kerr, and Mary Kerr. In the 1980s he served on the "Energy Engineering Board" of the National Research Council. In 1989 he was paid a $10 million bonus for his work on a lawsuit for Pennzoil that resulted in a $3 billion settlement from Texaco. Friendship with George Bush Kerr and his family were longtime friends of George H. W. Bush and his wife, Barbara, whom they used to live down the street from. According to an article by Walter Pincus and Bob Woodwar ...
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Oil City, Pennsylvania
Oil City is a city in Venango County, Pennsylvania known for its prominence in the initial exploration and development of the petroleum industry. It is located at a bend in the Allegheny River at the mouth of Oil Creek. Initial settlement of Oil City was sporadic, and tied to the iron industry. After the first oil wells were drilled in 1861, it became central to the petroleum industry while hosting headquarters for the Pennzoil, Quaker State, and Wolf's Head motor oil companies. Tourism plays a prominent role in the region by promoting oil heritage sites, nature trails, and Victorian architecture. The population was 9,608 at the 2020 census, and it is the principal city of the Oil City, PA Micropolitan Statistical Area. History The Cornplanter Tract and Oil Creek Furnace In 1796, the state of Pennsylvania gave Cornplanter, chief of the Wolf Band of the Seneca nation, of land along the west bank of the Allegheny River in Warren County, Pennsylvania, as well as a small tra ...
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Joe Jamail
Joseph Dahr Jamail Jr. (October 19, 1925 – December 23, 2015) was an American attorney and billionaire. The wealthiest practicing attorney in America, he was frequently referred to as the "King of Torts". In 2011, his net worth was estimated by ''Forbes'' to be $1.5 billion, making him the 833rd richest person in the world. In 2014, the year before his death, Forbes estimated his net worth at $1.7 billion, making him the 373rd richest person in America. Jamail died on December 23, 2015 in Houston from complications related to pneumonia. Early life and education Jamail was born to a Lebanese family. He was a graduate of St. Thomas High School in Houston, Texas. He attended the University of Texas at Austin (UT) for one semester before joining the United States Marine Corps in 1943. After serving in the Pacific during World War II, Jamail returned to UT, where he received his B.A. in 1950 and The University of Texas School of Law where he received his J.D. in 1953. In 1986 ...
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Texaco
Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Independent business, independent company until its refining operations merged into Chevron, at which time most of its station franchises were divested to Shell plc through Shell USA, its American division. Texaco began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, and Arnold Schlaet upon the discovery of oil at Spindletop. The Texas Fuel Company was not set up to drill wells or to produce crude oil. To accomplish this, Cullinan organized the Producers Oil Company in 1902, as a group of investors affiliated with The Texas Fuel Company. Men such as John W. ("Bet A Million") Gates invested in "certificates of interest" to an amount of almost ninety thousand dollars. Future restructurin ...
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Downtown Houston
Downtown is the largest central business district in the city of Houston and the largest in the state of Texas, located near the geographic center of the metropolitan area at the confluence of Interstate 10 in Texas, Interstate 10, Interstate 45, and Interstate 69. The district, enclosed by the aforementioned highways, contains the original townsite of Houston at the confluence of Buffalo Bayou and White Oak Bayou, a point known as Allen's Landing. Downtown has been the city's preeminent commercial district since its founding in 1836. Today home to nine Fortune 500 corporations, Downtown contains of office space and is the workplace of 150,000 employees. Downtown is also a major destination for entertainment and recreation. Nine major performing arts organizations are located within the 13,000-seat Houston Theater District, Theater District at prominent venues including Alley Theatre, Hobby Center for the Performing Arts, Jones Hall, and the Wortham Theater Center. Two major pro ...
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