COMPANYHISTORIES
NAIC 48691

Pipeline Transportation of Refined Petroleum Products

How the companies in this industry began, and the forces that shaped them.

13companies1870–2001founding years12still active1no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedAtlantic Richfield Company
1870
FoundedSunoco, Inc.
1890
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedChevronTexaco Corporation
1906
FoundedThe Williams Companies, Inc.
1908
FoundedCITGO Petroleum CorporationFoundedUltramar Diamond Shamrock Corporation
1910
1914
EconomyWorld War I begins; global trade reorders.
1939
EconomyWorld War II begins; wartime production surges.
FoundedPlantation Pipe Line Company
1940
1945
EconomyThe war ends; a long global expansion begins.
FoundedMcDermott International, Inc.
1946
1947
TechnologyThe transistor is invented.
FoundedMurphy Oil Corporation
1950
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedBuckeye Partners, L.P.
1986
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
FoundedTransMontaigne Inc.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedBP p.l.c.
1998
2000
TechnologyGPS opens to civilian use, turning location into a utility.
FoundedConocoPhillips
2001
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Atlantic Richfield Company →
Active · founded 1870
Atlantic Richfield Company, better known as ARCO, is the seventh-largest U.S.
Sunoco, Inc. →
Active · founded 1890
Sunoco, Inc.
ChevronTexaco Corporation →
Active · founded 1906
ChevronTexaco Corporation is the creation of the 2001 merger of California-based Chevron Corporation, one of the many…
The Williams Companies, Inc. →
Active · founded 1908
The Williams Companies, Inc., is the largest interstate natural gas supplier in the United States.
CITGO Petroleum Corporation →
Active · founded 1910
CITGO Petroleum Corporation, owned by PDV America, Inc., an indirect, wholly owned subsidiary of Petróleos de…
Ultramar Diamond Shamrock Corporation →
Active · founded 1910
Ultramar Diamond Shamrock Corporation (UDS), based in San Antonio, Texas, is the second largest independent oil…
Plantation Pipe Line Company →
Active · founded 1940
Majority owned by Kinder Morgan Energy Partners, Plantation Pipe Line Company is an Alpharetta, Georgia-based company…
McDermott International, Inc. →
Active · founded 1946
McDermott International, Inc.
Murphy Oil Corporation →
Active · founded 1950
Murphy Oil Corporation is one of the smallest of the U.S.-based integrated oil companies.
Buckeye Partners, L.P. →
Active · founded 1986
Buckeye Partners, L.P., based in Emmaus, Pennsylvania, is a master limited partnership trading on the New York Stock…
TransMontaigne Inc. →
Active · founded 1995
Denver-based TransMontaigne Inc.
BP p.l.c. →
Defunct · founded 1998 · United Kingdom
Formed by the 1998 merger of British Petroleum Company and Amoco Corporation, BP p.l.c.
ConocoPhillips →
Active · founded 2001
ConocoPhillips is the third largest U.S.
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