Glossary - Oil History

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Template:TheSmartField:Toc: Top - 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


6000 B.C

asirians and babilonians used oil to glue bricks and stones; egyptians to treat animal skins. Tribes in Mexico used it for painting.

4000 B.C.
oil is used in Mesopotamia, Egypt, Persia/Iran and Judea. Bitumen is used for roads paving, house lightning,
1859
the american Edwin Drake drills the first commercial oil well in Titusville, Pennsylvania.
1866
Arco, the oldest company of the current BP, is founded in Philadephia under the name of Atlantic Petroleum Storage Company.
1870
John Rockefeller funds the Standard Oil Company.
1873
oil mining starts in Baku, Russia.
1885
the company Royal Dutch finds oil in Sumatra.


1905
oil fields in Baku, Russia, are burned during civil unrest.
1908
Oil in Iran/Persia is discovered.
1909
the Anglo-Persian Oil Company, the future BP, is created, after the oil discovery of Masjid-i-Suleiman, southeast of Iran/Persia.
1907
Fussion between the companies Royal Dutch and Shell.
1911
the Supreme Court of the United States orders the dissolution of the Standard Oil Company.
1918
Otoman empire is defeated.
1938
In Mexico, president Lazaro Cardenas expropriates the 17 oil companies operating in the country.
Oil is found in Kwait and Saudi Arabia.


1954
in Brazil, the state owned company Petrobras is created.


1956
Shell drill its first well in Oloibiri, Nigeria.
Nationalization of the Suez Canal by Pressident Nasser of Egypt.
1990
in August, toops of Irak invaded Kuwait.
1991
January 17, First Gulf War starts.


A

F

Ford T
In 1922, Ford start sales of Ford T model in United States. At that time, there were 18 million of cards. By 1938, 40 million; in 1956, 100 million, and 170 by 1964.


S

Spindletop
gusher that launched the Texas oil-boom on January 10th, 1901. It began producing 100,000 barrels per day.


T

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