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Union Oil
Union Oil Company of California, and its holding company Unocal Corporation, together known as Unocal was a major petroleum explorer and marketer in the late 19th century, through the 20th century, and into the early 21st century. It was headquartered in El Segundo, California, United States. Unocal was involved in domestic and global energy projects. Unocal was one of the key players in the CentGas consortium, which attempted to build the Trans-Afghanistan Pipeline to run from the Caspian area, through Afghanistan, to the Indian Ocean, at a time after the Taliban siege of Kabul in 1996. On August 10, 2005, Unocal merged its entire upstream petroleum business with Chevron and became a wholly-owned subsidiary. Unocal then ceased operations as an independent company, but continues to conduct many operations as Union Oil Company of California, a Chevron company. History The Union Oil Company of California was founded on October 17, 1890, in Santa Paula, California, by Lyman ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CentGas
Central Asia Gas Pipeline, Ltd. (CentGas) was a consortium formed in the 1990s to develop a project to build the Trans-Afghanistan Pipeline from Turkmenistan's natural gas fields to Pakistan. The consortium had also considered an extension of the pipeline to the New Delhi area. Regional and political instability proved too great a challenge to overcome and the project eventually was cancelled after Unocal (the largest CentGas investor) withdrew from the consortium. Consortium group members The consortium was led by Union Oil Company of California ( Unocal) and Delta Oil Company of Saudi Arabia. Original members of Cent Gas were: * Unocal Corporation - one of the world's leading energy resource and project development companies * Delta Oil Company (Saudi Arabia) - privately owned by Badr M. Al-Aiban * Gazprom (Russia) * Government of Turkmenistan; Turkmenrusgas * Indonesia Petroleum, Ltd. (INPEX) (Japan) * ITOCHU Oil Exploration Co., Ltd. (CIECO) (Japan) * Hyundai Engineer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
There Will Be Blood
''There Will Be Blood'' is a 2007 American period drama film written and directed by Paul Thomas Anderson, loosely based on the 1927 novel '' Oil!'' by Upton Sinclair. It stars Daniel Day-Lewis as Daniel Plainview, a silver miner turned oilman on a ruthless quest for wealth during Southern California's oil boom of the late 19th and early 20th centuries. Paul Dano, Kevin J. O'Connor, Ciarán Hinds, and Dillon Freasier co-star. The film was produced by Ghoulardi Film Company and distributed by Paramount Vantage and Miramax Films. At the 2008 Berlin International Film Festival it won the Silver Bear Award for Best Director and a Special Artistic Contribution Award for Jonny Greenwood's score. It grossed $76.2 million worldwide on a $25 million budget. ''There Will Be Blood'' received acclaim for its cinematography, direction, screenplay, score, and the performances of Day-Lewis and Dano. Day-Lewis won the Academy Award, BAFTA, Golden Globe, Screen Actors Guild, NYFCC an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kern County, California
Kern County is a county located in the U.S. state of California. As of the 2020 census, the population was 909,235. Its county seat is Bakersfield. Kern County comprises the Bakersfield, California, Metropolitan statistical area. The county spans the southern end of the Central Valley. Covering , it ranges west to the southern slope of the Coast Ranges, and east beyond the southern slope of the eastern Sierra Nevada into the Mojave Desert, at the city of Ridgecrest. Its northernmost city is Delano, and its southern reach extends to just beyond Frazier Park, and the northern extremity of the parallel Antelope Valley. The county's economy is heavily linked to agriculture and to petroleum extraction. There is also a strong aviation, space, and military presence, such as Edwards Air Force Base, the China Lake Naval Air Weapons Station, and the Mojave Air and Space Port. With a population that is 54.9% Hispanic as of 2020, Kern is California's third-most populous majori ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California Historical Landmark
A California Historical Landmark (CHL) is a building, structure, site, or place in California that has been determined to have statewide historical landmark significance. Criteria Historical significance is determined by meeting at least one of these criteria: # The first, last, only, or most significant of its type in the state or within a large geographic region (Northern, Central, or Southern California); # Associated with an individual or group having a profound influence on the history of California; or # An outstanding example of a period, style, architectural movement or construction; or is the best surviving work in a region of a pioneer architect, designer, or master builder. Other designations California Historical Landmarks numbered 770 and higher are automatically listed in the California Register of Historical Resources. A site, building, feature, or event that is of local (city or county) significance may be designated as a California Point of Historical Intere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Oil
Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-founder and chairman, John D. Rockefeller, who is among the wealthiest Americans of all time and among the richest people in modern history. Its history as one of the world's first and largest multinational corporations ended in 1911, when the U.S. Supreme Court ruled that it was an illegal monopoly. The company was founded in 1863 by Rockefeller and Henry Flagler, and was incorporated in 1870. Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was an innovator in the development of the business trust. The Standard Oil trust streamlined production and logistics, lowered costs, and undercut competitors. " Trust-busti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marius Vassiliou
Marius Vassiliou (born 1957) is an American computational scientist, geophysicist, and aerospace executive. He is also an authority on the history of petroleum. Vassiliou is of Greek Cypriot descent and was educated at Harvard University and the California Institute of Technology (PhD). Career In geophysics, he is best known for his explanations of the depth distribution of earthquakes, and for his direct (non-Magnitude-based) calculations of earthquake energy release. Vassiliou has also been cited for his experimental work on solids at high pressures and temperatures. In 2009 he published the ''Historical Dictionary of the Petroleum Industry'', which went into a Second Edition in 2018. In the broader field of computational physics, Vassiliou is known for the introduction of Rokhlin's fast multipole method to computational electromagnetics. As an executive at the Rockwell International Corporation he was also well known as the leader of the U. S. Army Res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Paula, California
Santa Paula (Spanish for " St. Paula") is a city in Ventura County, California, United States. Situated amid the orchards of the Santa Clara River Valley, the city advertises itself to tourists as the "Citrus Capital of the World". Santa Paula was one of the early centers of California's petroleum industry. The Union Oil Company Building, the founding headquarters of the Union Oil Company of California in 1890, now houses the California Oil Museum. The population was 30,657 at the 2020 census, up from 29,321 at the 2010 census. History The area of what today is Santa Paula was inhabited by the Chumash, a Native American people, before the Spanish arrived. In 1769, the Spanish Portola expedition, first Europeans to see inland areas of California, came down the Santa Clara River Valley from the previous night's encampment near Fillmore and camped in the vicinity of Santa Paula on August 12, near one of the creeks coming into the valley from the north (most likely Santa P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Oil Company Building
The Santa Paula Hardware Company Building, located in Santa Paula, California, and more commonly referred to as the Union Oil Company Building, is significant for its historical importance as the birthplace of the Union Oil Company on October 17, 1890. Originally, the Santa Paula Hardware and Post Office were downstairs, and the Union Oil Company offices were upstairs. The building continued to serve as a field division office after the main headquarters moved to Los Angeles in 1900. The Ventura County Cultural Heritage Board designated the building County Landmark #36 in December 1977. The building is a California Historical Landmark (#996) and is listed on the National Register of Historic Places (NPS-86002619). California Oil Museum In 1950, the Union Oil Museum was established, and in 1990, for its Centennial Celebration, the building was restored to its original appearance and reopened as the California Oil Museum. The exhibits include oil and gas industry equipment, such as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Upstream (petroleum Industry)
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), ''midstream'' and '' downstream''. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The upstream industry has traditionally experienced the highest number of Mergers, Acquisitions (M&A) and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the unconventional/shale boom especially in the US followed by Russia and then Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3 2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With ongoing M&A activity, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
