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 The Amoco Building (now the Aon Center) housed the Amoco headquarters in Chicago | |
| Amoco; Standard; and American | |
| Formerly |
|
| Company type | Public |
| NYSE: AN (1985-1998) | |
| Industry | Fuel |
| Predecessor | Standard Oil |
| Founded | 1889, as part of the Standard Oil Trust |
| Founder | John D. Rockefeller |
| Defunct | December 31, 1998 |
| Fate | Merged with BP, becoming a brand, but resurfaced in 2017 selling BP fuel. |
| Successor | BP Amoco |
| Headquarters | Amoco Building, |
| Website | Archived official website at the Wayback Machine (archived February 12, 1998) |
Amoco (/ˈæməkoʊ/ AM-ə-koh) is a brand of fuel stations operating in the United States and owned by British conglomerate BP since 1998. 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. In 1911, as part of the break-up of the Standard Oil trust, it became an independent corporation. Incorporated in Indiana, it was headquartered in Chicago, and formally adopted the name Amoco in 1985. Although the Amoco Corporation merged in 1998 into BP Amoco, the Amoco name was resurrected in 2017 as a brand that service station owners could choose to use when they purchased supplies from BP in selected areas of the United States.[2]
In 1925, Standard Oil of Indiana absorbed the American Oil Company,[1] founded in Baltimore in 1910, and incorporated in 1922, by Louis Blaustein and his son Jacob. The combined corporation operated or licensed gas stations under both the Standard name and the American or Amoco name (the latter from American oil company) and its logo using these names became a red, white and blue oval with a torch in the center. By the mid-twentieth century it was ranked the largest oil company in the United States. In 1985, it changed its corporate name to Amoco.[3] Amoco merged with British Petroleum in December 1998 to form BP Amoco, renamed BP in 2001.[4]
The firm's innovations included two essential parts of the modern industry, the gasoline tanker truck and the drive-through filling station.[5] Its "Amoco Super-Premium" lead-free gasoline was marketed decades before environmental concerns led to the eventual phase out of leaded gasoline throughout the United States. Amoco's headquarters were located in the Amoco Building (also called the Standard Oil Building, and nicknamed "Big Stan", now the Aon Center) in Chicago, Illinois.[6]
In October 2017, BP announced reintroduction of the Amoco brand name to select US markets.[7] As of 2023, there were over 600 new Amoco stations in the eastern and midwestern United States.[8]
- ^ a b History of the Standard Oil Co. on Garage Art
- ^ Channick, Robert (October 4, 2018). "Amoco gas stations return to Chicago area after nearly 20 years as BP brings back the brand". Chicago Tribune.
- ^ Rosenheim, Daniel (April 24, 1985). "Goodbye, Standard; Hello, Amoco Corp". Chicago Tribune. Retrieved 2019-08-28.
- ^ "BP and Amoco's mega-merger two decades on | News and insights | Home". BP global. Retrieved 2020-03-19.
- ^ Leffall, J (1998). "Huge Amoco began small in Baltimore; Roots: The metered gas pump, no-knock gasoline and other innovations followed Louis Blaustein's founding of American Oil Co. in 1910". The Baltimore Sun. p. 1.C. Retrieved 2013-11-21.
- ^ "Contacts." Amoco. February 12, 1998. Retrieved on March 31, 2010.
- ^ Rocco, Matthew (10 October 2017). "Amoco gas stations are coming back". Fox Business. Retrieved 12 October 2017.
- ^ "Amoco | Products and services | Home".
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