COMPANY·HISTORIES
NAIC 422710

Petroleum Bulk Stations and Terminals

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

14companies1893–2001founding years12still active2no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedNippon Oil CorporationFoundedNippon Oil Corporation
1893
1903
TechnologyThe Wright brothers achieve powered flight.
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression begins.
1933
EconomyNew Deal reforms reshape banking and industry.
1939
EconomyWorld War II begins; wartime production surges.
FoundedShowa Shell Sekiyu K.K.FoundedShowa Shell Sekiyu K.K.
1942
1945
EconomyThe war ends; a long postwar expansion begins.
1947
TechnologyThe transistor is invented at Bell Labs.
FoundedMurphy Oil CorporationFoundedMurphy Oil Corporation
1950
1956
EconomyThe Interstate Highway program remakes commerce.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedTesoro Petroleum CorporationFoundedTesoro Petroleum Corporation
1964
FoundedGiant Industries, Inc.FoundedGiant Industries, Inc.
1969
1970
EnvironmentThe EPA is founded; environmental regulation expands.
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
1979
EconomyA second oil crisis drives inflation higher.
FoundedValero Energy CorporationFoundedValero Energy Corporation
1980
EnvironmentSuperfund law makes polluters pay for cleanup.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall 22% in a single day.
1989
EnvironmentThe Exxon Valdez spill reshapes energy and shipping rules.
1990
EnvironmentThe Clean Air Act amendments tighten emissions limits.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
FoundedConocoPhillipsFoundedConocoPhillips
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
EnvironmentThe Deepwater Horizon spill triggers sweeping energy rules.
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

Nippon Oil Corporation →
Active · founded 1893 · Japan
Nippon Oil Corporation is Japan's largest importer and distributor of petroleum products, controlling about 25 percent…
Nippon Oil Corporation →
Active · founded 1893 · Japan
Nippon Oil Corporation is Japan's largest importer and distributor of petroleum products, controlling about 25 percent…
Showa Shell Sekiyu K.K. →
Active · founded 1942 · Japan
c.
Showa Shell Sekiyu K.K. →
Active · founded 1942 · Japan
c.
Murphy Oil Corporation →
Active · founded 1950
Murphy Oil Corporation is one of the smallest of the U.S.-based integrated oil companies.
Murphy Oil Corporation →
Active · founded 1950
Murphy Oil Corporation is one of the smallest of the U.S.-based integrated oil companies.
Tesoro Petroleum Corporation →
Defunct · founded 1964
Tesoro Petroleum Corporation is an independent energy company principally involved in refining, distributing, and…
Tesoro Petroleum Corporation →
Defunct · founded 1964
Tesoro Petroleum Corporation is an independent energy company principally involved in refining, distributing, and…
Giant Industries, Inc. →
Active · founded 1969
Early 1980s:Competition from the oil majors forces Acridge to close all his stations in the Phoenix metro area and to…
Giant Industries, Inc. →
Active · founded 1969
Early 1980s:Competition from the oil majors forces Acridge to close all his stations in the Phoenix metro area and to…
Valero Energy Corporation →
Active · founded 1980
Valero Energy Corporation is the leading independent oil refiner in the United States.
Valero Energy Corporation →
Active · founded 1980
Valero Energy Corporation is the leading independent oil refiner in the United States.
ConocoPhillips →
Active · founded 2001
ConocoPhillips is the third largest U.S.
ConocoPhillips →
Active · founded 2001
ConocoPhillips is the third largest U.S.
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