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Is Amoco a real company?

The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. Originally part of the Standard Oil Company trust, it focused on producing gasoline for the new automobile market.

When did Standard Oil become Amoco?

In 1961 most of the company’s U.S. operating activities were unified in the American Oil Company, for which Standard Oil (Indiana) served as a holding company. The byname Amoco was increasingly used as a brand and corporate name, and in 1985 the Standard Oil Company (Indiana) officially became the Amoco Corporation.

When did BP acquire Amoco?

In 1998 British Petroleum acquired Amoco for $43.2 billion. The merger propelled the combined company into the front ranks of the world oil industry. Starting in 2000, with the transformation of BP Amoco into BP PLC, the Amoco brand was replaced at service stations by the BP brand.

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