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In 1911 the federal government used the Sherman Antitrust Act to break up Standard Oil into 34 separate companies. . largest global oil companies took in over $167 billion in profits in . foreign policy in focus | big oil's last stand largest global oil companies took in over $167 billion in profits in
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1914: Standard Oil of Indiana licenses " thermal cracking" process for producing gasoline to competing oil companies . 1931: Richfield goes into receivership and Sinclair merges with Rio Grande Oil and Prairie Pipeline and Prairie Oil and Gas Companies . oil company histories 1931: Richfield goes into receivership and Sinclair merges with Rio Grande Oil and Prairie Pipeline and Prairie Oil and Gas Companies
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The Rankings are based on six operational criteria that allow the comparison of private sector and state-owned oil companies and is the precursor to the more comprehensive Energy Intelligence Top 100: Ranking The World' s Oil Companies. Even . piw ranks the world's top oil companies
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