Atlantic Petroleum

Atlantic Petroleum was an oil company in the Eastern United States headquartered in Philadelphia, and a direct descendant of the Standard Oil Trust. It was also one of the companies that merged with Richfield Oil to form ARCO, now part of BP. After an unsuccessful spinoff from ARCO, Atlantic was acquired by Sunoco in 1988. Atlantic was founded as the Atlantic Petroleum Storage Company in 1866 in the then-fledgling oil business. In 1874, the company, now known as Atlantic Refining, was purchased by John D. Rockefeller and integrated as part of Standard Oil. The acquisition gave Rockefeller a major presence on the East Coast in his growing empire. In 1886, after acquiring many other oil companies, the Standard Oil Trust organized...