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Getty Oil Company : ウィキペディア英語版
Getty Oil

Getty Oil is an American oil marketing company with its origins as part of the large integrated oil company founded by the father of J. Paul Getty.
==History==

Starting in 1949, J. Paul Getty negotiated a series of lucrative oil leases with Saudi Arabia and Kuwait. Gordon Getty and his family inherited a 40% interest in the company when J. Paul Getty died in 1976.〔(Where the Getty family fortune came from )〕
In 1984, after entering into a binding agreement to sell Getty and its 2.3-billion-barrel stockpile of proven oil reserves to Pennzoil, heir Gordon Getty struck a dramatic deal to sell the company to Texaco.〔(The Deal: How Getty Ended Up With Texaco )〕
On November 19, 1985, in the case of Texaco, Inc. v. Pennzoil, Co., Pennzoil won a US$10.53 billion verdict against Texaco in the largest civil verdict in U.S. history as a result of the violation of the binding agreement.〔(Pennzoil-Texaco Fight Raised Key Questions )〕
While the reserves were sold, only some of the refineries changed hands, and Getty continued to exist as a downstream entity. Getty gas stations in the Northeast were sold off as a condition of the buyout. The company became known as Getty Petroleum Marketing Inc.
Getty Petroleum Marketing was sold to Lukoil and then in 2011 to a group of Norwegian investors before filing for bankruptcy protection in 2013.〔(Getty Petroleum Creditors Sue Former Owners for $6 Million )〕
The Australian company Westerhoudt AG, run by Olaf Westerhoudt, acquired the rights to the Getty Oil name in 2007 for an undisclosed amount.
At one point, Getty Oil owned a majority stake of ESPN, before it was sold to the American Broadcasting Company in 1984.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
ウィキペディアで「Getty Oil」の詳細全文を読む



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