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When did bp merge with amoco?

Updated: 9/18/2023
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Q: When did bp merge with amoco?
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When did the company BP merge with the company Amoco?

According to the official BP website, the company BP merged with the company Amoco on 1998. According to the New York Times, the BP bought the site for 48.2 billion dollars.


What made BP Amoco the world's largest solar energy company?

on April 6, 1999, BP Amoco bought Solarex, making BP Amoco the world's largest solar power company.


What is the ticker symbol for AMOCO?

AMOCO became part of BP (formerly known as British Petroleum) when they merged in 1998. Its ticker symbol was AN prior to the merger. BP continues to market products under the AMOCO brand. The ticker symbol of BP is BP.


What is bp's merger partner?

Amoco


Who merged with BP in 98?

Amoco


What gas stations does bp own?

BP Amoco Arco Aral Castrol am/pm


Is BP Oil an American company?

Partially British and partly American, I think the shares stand at 40% British, 39% American. The CEO is British but the chairman is a Swede, BP have ditched the name British Petroleum after the merge with American oil company AMOCO.


When BP acquired Amoco on 8-11-98 how many shares of BP did you get for each share of AN?

0.6617 Share


What does Amoco oil have to do with BP?

Amoco is a brand owned by BP. BP bought Amoco Corporation in 1998. The merged company was known as "BP Amoco" until 2001, then changed its name to BP p.l.c. The letters BP do not stand for British Petroleum any more. The company is a global supermajor, headquartered in London, traded in New York and London, with operations on all continents. Most of its U.S. workforce are former employees or Amoco and Arco (Atlantic Richfield). Under CEO Sir John Browne, BP used the slogan 'Beyond Petroleum', implying an effort to become an "energy company" rather than strictly an oil and gas company. Other brands owned by BP include Castrol (engine oils), Aral (German network of gas stations), ARCO.


Is Amoco a made up gas station or a real gas station?

Amoco was a real company that started as Standard Oil, then became the American Oil Company, then Amoco. It merged with BP in 1998.


Which US oil company did the BP Oil Company buy out?

arco and amoco


When did British Petroleum purchase Amoco?

In August 1998 British Petroleum purchased Amoco for $57 billion, and British Petroleum renamed itself BP Amoco. On December 31, 1998, Browne's title became group CEO.