BP and Amoco in oil mega-merger (history lesson)

BBC ^ | Tuesday, August 11, 1998 Published at 16:33 GMT 17:33 UK | BBC

[Hojczyk]

British Petroleum and US oil giant Amoco have announced plans for a $110bn (£67bn) merger that will create Britain's biggest company.

Sir John Browne, chief executive of BP Amoco: "This is a great moment in the history of BP and Amoco." The company, to be called BP Amoco, will have its headquarters in London.

This will place it in the top three of international oil producers.

[lexington minuteman 1775]

This had to be in the works before the BP spill began. But it certainly is an intresting twist to the story...

[Cheetahcat]

Yeah a wink and Nod from Bent bill the Impeached rapist Amoco and Arco.

[sgtyork]

As an old Amoco Chicago employee, I often wonder if that Chicago connection led to Rahm Emmanuel getting free housing from a BP (Amoco) executive and all the other wink wink nod nod that apparently went on.

[krb]

Yeah, I'm pretty sure this was in the works before the spill. I just know it.

[adm5]

If any merger takes place in the future, trust me, the “BP” part of the name will disappear.

It is toxic and will be scrubbed.

[bwc2221]

They broke up Standard Oil into five companies
- Standard of Ohio (SOHIO)
- Standard of Indiana (AMOCO)
- Standard of NY (Mobil)
- Standard of NJ (Exxon)
- Standard of California (Chevron)

BP bought SOHIO and then AMOCO. Exxon and Mobil merged. Not much has changed.

[okie01]

This had to be in the works before the BP spill began.

Psssssst!

The date on the article is August 11, 1998.

BP and Amoco have been one-and-the-same for almost 12 years.

[MplsSteve]

Why would you publish an ancient article that really has nothing to do with what’s currently going on in the world?

[TopQuark]

The story is from 1998.

[Cheburashka]

This had to be in the works before the BP spill began. But it certainly is an intresting twist to the story...

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Duh. the story is from 1998. If it's news to you, you should get out more.