Getty Oil is an oil company founded by J. Paul Getty. Jean Paul Getty ( December 15, 1892 – June 6, 1976) was an American industrialist and founder of the Getty Oil Company
In 1984, Texaco bought Getty Oil of Tulsa, Oklahoma. Texaco is the name of an American oil retail brand Its flagship product is its fuel "Texaco with Techron" In business a takeover is the purchase of one company (the target) by another (the acquirer, or bidder) On November 19, 1985, Pennzoil won a US$10. Events 1095 - The Council of Clermont, called by Pope Urban II to discuss sending the First Crusade to the Holy Land Year 1985 ( MCMLXXXV) was a Common year starting on Tuesday (link displays 1985 Gregorian calendar) Pennzoil is an oil company originally founded in Oil City Pennsylvania. 53 billion verdict from Texaco in the largest civil verdict in US history. (Texaco established a signed contract to buy Getty Oil after Pennzoil had already entered into an unsigned, yet still binding, buyout contract with Getty. ) In the end, only some of the refineries changed hands, and Getty continued to exist.
Getty gas stations survived the buyout. At one time, some were co-branded with Mid-Atlantic convenience store chain Uni-Mart, which now sells its own brand of gasoline. Uni-Mart is Pennsylvania-based company that owns operates and franchises hundreds of convenience stores in the Mid-Atlantic region of the United States.
In 1997, Russia-based Lukoil purchased Getty Marketing, which had been spun off of Getty Realty, and in 2003 began the process of converting Getty stations to Lukoil. LUKoil () (ЛУКойл lukɔɪl is Russia 's largest Oil company and its largest producer of oil. In 2004, however, Lukoil bought many Mobil stations from ConocoPhillips, which had bought the stations from ExxonMobil in 2000. ConocoPhillips Company ( is an international energy corporation with its headquarters located in Houston Texas. The Exxon Mobil Corporation, or ExxonMobil, is an American oil and gas Corporation and a direct descendant of John D 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Because Lukoil only owns certain Mobil stations with limited rights to use the Mobil name, it has stopped rebranding the Getty stations until the Mobil stations have made the change to Lukoil.
According to Getty Realty's 2006 annual report, Getty Realty owns the Getty trademark and trade name in the United States and licenses them to Getty Marketing (owned by Lukoil).
At one point, Getty Oil owned a majority stake of ESPN, before it was sold to the American Broadcasting Company in 1984. ESPN, originally an acronym for Entertainment and Sports Programming Network, is an American Cable television network dedicated to The American Broadcasting Company ( ABC) is an American Television network.