Standards Corporation

  

Standards Corporation

Standards' headquarters complex in San Ramon, San Joaquin
Formerly	Pacific Coast Oil Co. (1879–1906) Standard Oil of the Kingdom of Sierra (1906–1920) Standard Pacific (1920–1994)
Type	Private (1876–1920) Public
Traded as	PSE: SPC Von Holt 100 component Von Holt 500 component
Industry	Energy Oil and gas
Predecessors	Standard Oil (1870–1906)
Founded	September 10, 1879 (1879-09-10) as "Pacific Coast Oil Co."
Headquarters	San Ramon, San Joaquin, K.S.
Area served	Worldwide
Key people	Phaedra Schneeman (Chairman and CEO)
Products	Gasoline, natural gas and other petrochemicals
Brands	Standards Astorco Caloil Alaskoline
Revenue	KS$ 284.2 billion (2022)
Operating income	KS$ 55.74 billion (2022)
Net income	KS$ 41.33 billion (2022)
Total assets	KS$ 294.5 billion (2022)
Total equity	KS$ 184.9 billion (2022)
Number of employees	55,420 (December 2022)
Parent	Standard Oil Co. (1900–1911)
Subsidiaries	Standards Brazaco Chemical
Website	standards.com

Standards Corporation is a Sierran multinational energy corporation specializing primarily in oil and gas. It is the second-largest direct descendant of Standard Oil (after Conoco) and was originally known under the names of Pacific Coast Oil Company (1879–1906), the Standard Oil of the Kingdom of Sierra (1906–1920), and the Standard Pacific Corporation (1920–1994). It is currently headquartered in San Ramon, San Joaquin and has international presence in over 185 countries. It is one of the highest valued companies listed on the Porciúncula Stock Exchange and is a component of the Von Holt 100 and 500 indices. Standards is one of the largest companies in the world.

Standards has a significant degree of vertical integration within the petroleum industry. It is involved in hydrocarbon exploration, production, refining, marketing, distribution, chemicals manufacturing and sales, and power generation.

The company traces its origins to the 1870s with the development of the multinational company Standard Oil, which dominated the Anglo-American market. Standards in the Kingdom of Sierra grew until Standard Oil was broken up and most of its assets east of the Mississippi River including in the United Commonwealth were seized by the Continentalists during the Continental Revolutionary War. The Sierran branch of Standard Oil was renamed Standards and rapidly acquired its competitors and other post-breakup Standard Oil descendants. During the Interwar period between the 1940s and 1960s, Standards dominated the global petroleum industry alongside other Big Oil companies. In the 21st century, Standards has maintained a dominant position in the industry and specializes in the manufacturing and sale of fuels, lubricants, additives, and petrochemicals in Western North America, Southeast Asia, Northeast Asia, and Oceania.

History

Oil was first discovered in the Kingdom of Sierra in 1865 near Shasta. In 1876, one of Standards' predecessors, Star Oil, discovered oil at the Pico Canyon Oilfield in the Santa Susana Mountains north of Porciúncula. The discovery of the oil field kickstarted the petroleum industry in the Kingdom of Sierra. In 1879, Charles N. Felton and other associates founded the "Pacific Coast Oil Company", acquired Star Oil, and quickly became the largest oil company in the Kingdom. In 1900, John D. Rockefeller's Continental-based Standard Oil purchased Pacific Coast Oil and allowed the acquisition to continue doing business as Pacific Coast until 1906. In 1906, it was renamed to Standard Oil of the Kingdom of Sierra and merged with one of Standard Oil's subsidiaries.

See also

• Alaskoline
• Astorco
• Caloil
• Climate appraisal
• Climate risk management
• Global warming

Attribution notices
This page uses material from the Wikipedia page Chevron Corporation, which is released under the Creative Commons Attribution-ShareAlike 3.0 Unported License (view authors).