British-American Oil

Gulf Canada, originally British-American Oil and eventually Gulf Canada Resources, was a major Canadian integrated gas, oil, and resources company that operated between 1906 and 2001. It was Canada's 4th largest oil company and operated over 9,000 retail gasoline outlets. The company expanded rapidly through growth and acquisition to eventually be valued at over $6 billion. It was a highly visible company that was the subject of controversial acquisition strategies, the federal government's efforts to Canadianize the oil and gas industry, and the failure of the world's largest property developer. At its peak, it was a diversified conglomerate whose assets included a major distillery company, the world's largest pulp and paper producer, a major pipeline, and Canada's largest natural gas distributor. Since 2001 it has operated as Phillips 66 Canada.

In 1946, Gulf Oil Corporation of the United States acquired 20% ownership of B/A. In 1956, B/A acquired Canadian Gulf Oil Company in exchange for shares and US properties to Gulf Oil, giving it control of B/A with 64.8% of the shares. In 1969, B/A was renamed Gulf Oil Canada Ltd. and all of its subsidiary brands and retail outlets were re-branded with the orange and blue Gulf Oil logo. In 1978, the company was renamed Gulf Canada Ltd.. In July 1987, Gulf Canada Ltd. was renamed Gulf Canada Resource Ltd.

Subject ID: 17516

More

Gulf Canada, originally British-American Oil and eventually Gulf Canada Resources, was a major Canadian integrated gas, oil, and resources company that operated between 1906 and 2001. It was Canada's 4th largest oil company and operated over 9,000 retail gasoline outlets. The company expanded rapidly through growth and acquisition to eventually be valued at over $6 billion. It was a highly visible company that was the subject of controversial acquisition strategies, the federal government's efforts to Canadianize the oil and gas industry, and the failure of the world's largest property developer. At its peak, it was a diversified conglomerate whose assets included a major distillery company, the world's largest pulp and paper producer, a major pipeline, and Canada's largest natural gas distributor. Since 2001 it has operated as Phillips 66 Canada.

In 1946, Gulf Oil Corporation of the United States acquired 20% ownership of B/A. In 1956, B/A acquired Canadian Gulf Oil Company in exchange for shares and US properties to Gulf Oil, giving it control of B/A with 64.8% of the shares. In 1969, B/A was renamed Gulf Oil Canada Ltd. and all of its subsidiary brands and retail outlets were re-branded with the orange and blue Gulf Oil logo. In 1978, the company was renamed Gulf Canada Ltd.. In July 1987, Gulf Canada Ltd. was renamed Gulf Canada Resource Ltd.

Subject ID: 17516

Less