Amoco
American Oil Corporation was founded in
1889 by
John Rockefeller and first incorporated as
Standard Oil of
Indiana, formed from the breakup of gasoline giant
Standard Oil. Since then, Amoco has grown into a global oil and gasoline conglomerate; it was merged with in
1998 to form
BP Amoco, which was later rebranded to
BP.
Amoco was formed as Standard Oil (Indiana) in
1889 by
John D. Rockefeller as part of the
Standard Oil trust. In
1910, with the rise in popularity of the
automobile, Amoco decided to specialize in providing gas to everyday families and their cars. In
1911, the year it became independent from the
Standard Oil trust, the company sold 88% of the
gasoline and
kerosene sold in the midwest. In
1912 it opened its first
gas service station in
Minneapolis, MinnesotaIn the
1920s and 30s Amoco opened up dozens more refining and oil-drilling facilities. Combined with a new oil-refining process, Amoco created its exploration and production business,
Stanolind, in
1931. In the following years, a period of intense exploration and search for oil-rich fields ensued; the company drilled over 1000 wells in 1937 alone.
World War II followed this period of exploration; Amoco participated in the war effort, discovering new means of refinement and even a way of producing
TNT quicker and easier. In addition, Amoco significantly contributed to the aviation and land gasoline needed forthe
Allied armies. Also, during the war Amoco created its
chemical division, formed from the merger of the
Pan American Chemicals Company and the
Indoil Chemical Company.
In the late 1940s, after
World War II, Amoco returned to focusing on domestic oil refinement and advancement. In
1947 Amoco was the first company to drill off-shore, in the
Gulf of Mexico, and in
1948 Amoco discovered
Hydrafrac, a hydraulic well fracturing process that increased oil production worldwide. Initially the Hydrafrac process was licensed exclusively to
Halliburton.
Soon after, Amoco began to expand. With an exploration office in
Canada, Amoco was now an international gas company. Amoco created several new plants and claimed various new oil fields in this time period, as the company prospered in the post-war boom. In
1957 all the divisions of Amoco were consolidated into a single company, renamed the Amoco Corporation in
1985.
In the late 1950s and early 60s, Amoco again led the way with scientific and technological discoveries. Amoco discovered
PTA, a chemical for polyester fiber production. In
1968, following that discovery, Amoco acquired the
Avisun Corporation and
Patchogue-Plymouth, forming the Amoco Fabrics and Fibers Company.
|
An abandoned Amoco station. |
In the following decades, Amoco expanded globally, creating plants,
oil wells, or markets in over 30 countries, including
Britain,
Belgium,
Brazil,
Mexico,
South Korea,
Taiwan,
Norway,
Venezuela,
Russia,
China,
Trinidad and Tobago, and
Egypt. In addition, the company also acquired a division of
Tenneco Oil Company and
Dome Petroleum Company, becoming one of the world's largest oil companies.
On August
11,
1998, Amoco, a global
chemical and
oil company, announced it would merge with in the world's largest industrial merger. Originally, the plan was for all US
BP service stations to be converted to Amoco while all overseas Amoco service stations were to be converted to
BP. But by 2001
BP announced that all Amoco service stations would either be closed or renamed to
BP service stations. However,
BP rebranded its gas as "Amoco Fuels", which includes the highly regarded "Amoco Ultimate".
Few
BP stations continue operation under the name Amoco, however, most were either converted to BP, Amoco-style stations were demolished and replaced with BP-style stations, or abandoned.
Image:Amoco1.gif|The first Amoco logo; it still bears the name of Standard Oil of Indiana.Image:Amoco2.gif|The second Amoco logo.Image:Amoco3.gif|The Amoco logo featuring the Standard Oil name.Image:Amoco4.gif|Another Amoco logo. This one was used by Midwestern station owners who had the option of using the Amoco name or the more well-known Standard name. Image:Amoco5.gif|The final Amoco logo before BP.Image:Amoco6.gif|The Amoco logo as it appeared wrapped around the top of a Gas Pump Canopy.Image:Ultimate_logo.gif|The current Amoco logo, as it is used today by BP
The first Amoco logo was unveiled in
1926 after a competition. The logo featured a circle, representing strength, stability, and dependability, with the words "Standard Oil Company (Indiana)" in red. The inner circle represents the cycle of service to customers. The word "Service" was written in the inside of the circles. In addition, the logo also had a torch with a flame, symbolizing progress.
The second logo was the first to bear the name "Amoco". It featured an ellipse divided into three sections horizontally; the top and bottom were red, and the middle had a black background with white lettering.
Another logo was developed under
Standard Oil. It featured the divided ellipse; however, the colors were, from top to bottom, red, white, and black. In addition, this logo featured the torch on the original logo, and was called the "Torch and Oval (T&O)." In parts of the country where the company could not use the name "Standard", the logo read "American".
The next logo enhanced the previous one. It featured a blue bottom and a sleeker-looking torch. In addition, the word "Standard" become italicized and thicker. This was used by
Midwestern station owners who had the option of using the Amoco name (more familiar in the
East and
South) or using the more familiar Standard name. Owners used it up until they were converted to
BP or another brand.
The final Amoco logo simply changed the name on the logo to "Amoco". The logo featured the familiar torch and divided ellipse.
Currently,
BP still employs the Amoco name, albeit under another logo. BP currently uses the logo under the main
BP helios logo. The italicized word "Amoco" is shown after red, white, and blue horizontal stripes, taken from the divided ellipse of the former Amoco logo. This logo existed prior to the acquisition, and was used primarily on pumps and service station canopies. Since the merger, the black background has been replaced with green, to symbolize the new parent company.
One remnant of the Standard days is the company's premium services option, which is called the
Torch Club.
Amoco has been known to be confused with transmission specialist company
AAMCO*
The History of Amoco*
Highways and Gas Stations- Amoco and Standard of Indiana Page*BP Global (1999-2005).
From the Midwest to Texas. Retrieved June 25, 2005.
