BP completed its merger with Standard Oil. - Los Angeles Times
Advertisement

BP completed its merger with Standard Oil.

Share via

British Petroleum Co. PLC announced that its wholly owned subsidiary, BP North America Inc., has been renamed BP America Inc. and, as a result of a merger just completed, now holds 100% of Standard Oil Co. The merger brings to a conclusion BP’s bid for the 45% minority interest in Standard it did not already own and creates the third-largest oil company in the world.

Advertisement