Elf Aquitaine
   HOME

TheInfoList



OR:

Elf Aquitaine is a French
brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create an ...
of oils and other motor products (such as
brake fluid Brake fluid is a type of hydraulic fluid used in hydraulic brake and hydraulic clutch applications in automobiles, motorcycles, light trucks, and some bicycles. It is used to transfer force into pressure, and to amplify braking force. It works ...
s) for automobiles and trucks. Elf is a former
petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
company which merged with TotalFina to form "TotalFinaElf". The new company changed its name to Total in 2003 and
TotalEnergies TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and ...
in 2021. Elf has been as a major brand of TotalEnergies since then.


History


Founding and mergers (1965-1993)

Elf Aquitaine's heritage is rooted among three French oil companies: Régie Autonome des Pétroles (RAP), Société Nationale des Pétroles d'Aquitaine (SNPA), and Bureau de Recherches de Pétroles (BRP). These companies were formed to exploit the discovery of a gas field in Saint-Marcet in the Aquitaine region of south-western France. In December 1965, RAP and BRP were merged to form Entreprise de Recherches et d'Activités Pétrolières (ERAP). ERAP had SNPA, Union Générale des Pétroles (UGP), and Union Industrielle des Pétroles (UIP) as subsidiaries. The resulting company achieved
vertical integration In microeconomics, management and international political economy, vertical integration is a term that describes the arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the suppl ...
, owning assets in all phases of the petrol business from exploration and production to the
filling station A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Ga ...
. On April 28, 1967, the company's disparate brands and products were unified under the Elf brand, Essence Lubricants France. Elf was the first company to pioneer a completely synthetic racing oil. In 1973, the subsidiary SNPA set up a pharmaceuticals subsidiary called Sanofi and acquired the pharmaceutical groups Labaz, Castaigne, and Robilliart, and also bought interests in a cosmetics company. In 1976, Elf-ERAP merged with Antar Pétroles de l'Atlantique and became Société Nationale Elf Aquitaine (SNEA), later Elf Aquitaine.


Hoax and merger (1979-1981)

Elf Aquitaine lost over US$150 million in the 1979 Great Oil Sniffer Hoax to develop a new "gravity wave-based oil detection system", which was later revealed to be a scam. In 1981, Elf Aquitaine bought Texasgulf for $3 billion, despite a request by the US government to postpone the merger for time to study the implications. At the time, Texasgulf was the largest producer of sulphur in the world, with Elf Aquitaine gaining majority control. Texasgulf was over one-third owned by the government of Canada. Elf Aquitaine was listed on the
NYSE The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its liste ...
in 1991. In 1993, Elf was awarded the exclusive contract to the Iraqi oil fields by Iraqi leader Saddam al-Tikriti.


Fraud scandal (1994)

The Elf scandal which came to light in 1994 in France was according to ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers '' The Observer'' and '' The Guardian Weekly'', ''The Guardian'' is part of the ...
'', 'the biggest fraud inquiry in Europe since the Second World War... Elf became a private bank for executives who spent £200 million on political favours, mistresses, jewellery, fine art, villas and apartments'. Iraqi-born Nadhmi Auchi, at that time rumoured to be among the ten richest men in Britain, received a 15-month suspended sentence and a £1.5m fine for his involvement taking illegal commissions. Auchi was also linked to the Clearstream scandal. He is BNP Paribas bank's main private share-holder; and until 2001, the money for the Oil-for-Food programme transited through the
escrow An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacti ...
account of BNP Paribas. Magistrate Eva Joly investigated the case. In the Leuna/Minol deal following German reunification, Elf Aquitaine took over circa 2,500 vacated gas station allottments in the former East Germany without paying the rightful owners.


Merger and Total S.A. (1996-2022)

In 1996, the French government sold its stake, retaining a golden share. In 2000, Elf Aquitaine merged with Total Fina to form TotalFinaElf, which changed its name to Total in 2003. Legal investigations into the company continued after it was purchased by Totalfina.


Automobile and motorcycle partnerships

Elf Aquitaine is an official recommended fuel and motor oil for all Renault-Nissan-Mitsubishi Alliance marques (including
Renault Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured ...
(shared with BP, Aral, and
Castrol Castrol is a British oil company that markets industrial and automotive lubricants, offering a wide range of oil, greases and similar products for most lubrication applications. The name ''Castrol'' was originally just the brand name for com ...
),
Nissan , trading as Nissan Motor Corporation and often shortened to Nissan, is a Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan. The company sells its vehicles under the Nissan, Infiniti, and Datsun bra ...
,
Dacia Dacia (, ; ) was the land inhabited by the Dacians, its core in Transylvania, stretching to the Danube in the south, the Black Sea in the east, and the Tisza in the west. The Carpathian Mountains were located in the middle of Dacia. It ...
, Datsun,
Alpine Alpine may refer to any mountainous region. It may also refer to: Places Europe * Alps, a European mountain range ** Alpine states, which overlap with the European range Australia * Alpine, New South Wales, a Northern Village * Alpine National P ...
, Renault Samsung Motors, and Infiniti),
Honda is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan. Honda has been the world's largest motorcycle manufacturer since 1959, reaching a producti ...
(including
Acura Acura is the luxury vehicle, luxury and performance division of Japanese automaker Honda, based primarily in North America. The brand was launched in the United States and Canada on March 27, 1986, marketing luxury and performance automobiles. It ...
shared with BP, Aral, and
Castrol Castrol is a British oil company that markets industrial and automotive lubricants, offering a wide range of oil, greases and similar products for most lubrication applications. The name ''Castrol'' was originally just the brand name for com ...
), and Brough Superior for automobiles only as well as Kawasaki and
Honda is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan. Honda has been the world's largest motorcycle manufacturer since 1959, reaching a producti ...
for motorcycles only.


Motorsports

From its very beginnings Elf used motor racing as a means of promotion. It began with a four-year association with
Matra Matra (an acronym for Mécanique Aviation Traction) was a French industrial conglomerate. During its years of operation, it was engaged in a wide range of business activities, primarily focused around automobiles, bicycles, aeronautics and wea ...
in a French Formula Three program. This resulted in Henri Pescarolo winning the title. The European Formula Two Championship fell to Matra the following year with Jean-Pierre Beltoise. In 1969, the combination won the
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, ...
World Championship with Tyrrell and Jackie Stewart. The goal of winning the Le Mans 24 Hours was not achieved until 1972, by which time Elf and Matra had gone their separate ways. Elf, at that time owned by France, then undertook a policy to rebuild and promote French motor racing. began a long-term relationship with
Renault Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured ...
, which was also owned by the French government at the time. Renault promoted the use of Elf oils in its road cars, while its Formula One racing cars also carried Elf sponsorship. This changed in 2009, when the Renault Formula One cars replaced the Elf logos with Total logos. The most famous of the schemes to promote young drivers dates back to the start of the 1970s, when Francois Guiter of Elf established what was known as the ''Volant Elf''. The fastest drivers on each course at the Winfield Racing Schools,
Magny Cours Magny-Cours () is a commune in the Nièvre department in central France. It is the home of the ''Circuit de Nevers Magny-Cours'', a famous motor racing circuit (whose name is often abbreviated to 'Magny-Cours'). It formerly hosted the Formula O ...
and
Paul Ricard Paul Louis Marius Ricard (; July 9, 1909 – November 7, 1997) was a French industrialist and creator of an eponymous pastis brand which merged in 1975 with its competitor Pernod to create Pernod Ricard. Ricard was also an environmentalist and t ...
, were asked to return to the school in the autumn to establish the fastest driver of the year. The two winners were each given a full budget to race the following year in Formula Renault. If they were fast enough they would be retained by Elf in Formula Three and then Formula Two (or later Formula 3000), and eventually they would get a drive in Formula One. The first two ''Pilotes Elf'' were
Patrick Tambay Patrick Daniel Tambay (25 June 1949 – 4 December 2022) was a French racing driver, commentator, and politician, who competed in 123 Formula One races between 1977 and 1986, securing five pole positions and winning twice. Between 1977 and 1981, ...
and
Didier Pironi Didier Joseph Louis Pironi (26 March 1952 – 23 August 1987) was a French racing driver. During his career, he competed in 72 Formula One World Championship Grands Prix, driving for Tyrrell (1978–1979), Ligier (1980) and Ferrari (198 ...
. Both went on to win Grands Prix. They were followed over the years by Alain Prost, Pascal Fabre, Olivier Grouillard, Paul Belmondo, Éric Bernard, Érik Comas and
Olivier Panis Olivier Panis (; born 2 September 1966) is a French former racing driver. Panis raced in Formula One for ten seasons, earning his first and only win at the 1996 Monaco Grand Prix for the Ligier team. He is the father of racing driver Auréli ...
, all of whom became Formula One drivers. In addition, Elf often picked up other good drivers and sponsored them, creating a generation of top French drivers in the 1980s and early 1990s. When Guiter retired Elf decided to change the policy and a revised program was implemented. This aimed to create a scheme for drivers, mechanics and engineers. Called " La Filière;" it funded as many as eight drivers each year in Formula Renault Elf Campus and four in Formula Three. Budget cuts between 2008 and 2012 reduced the number of French drivers moving on to Formula One positions. Elf also supplying fuels and lubricants for two
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship, ...
junior feeder open-wheel single-seater formula auto racing tournaments GP2 Series (later rebranded as FIA Formula 2 Championship in 2017) since 2005 and GP3 Series since 2010 (later rebranded as
FIA Formula 3 Championship The FIA Formula 3 Championship is a third-tier international single-seater racing championship and organised by the Fédération Internationale de l'Automobile (FIA). The championship launched in 2019 as a feeder series for the FIA Formula 1 ...
in 2019) respectively due to in fact
Mecachrome Mecachrome SAS is a precision engineering company based in France that operates in the aerospace, motor racing, energy and defence sectors. History Mecachrome was founded in 1937 in Colombes, France. As a precision engineering company, Mecachrome ...
has a long-term technical partnership with Elf since 1969. Elf also supplying standard Ethanol E10 fuels for all SRO-owned GT championships.


See also

* * * * *


References


External links

* {{Authority control Petroleum products Motor oils Oil companies of France Chemical companies of France French brands TotalEnergies Privatized companies of France Defunct companies of France Companies formerly listed on the Paris Bourse Companies formerly listed on the New York Stock Exchange 2000 mergers and acquisitions Companies based in Île-de-France Hauts-de-Seine fi:Elf Aquitaine