Tosco Corporation
Industry | petroleum |
---|---|
Founded | 1955 in Santa Monica, California |
Fate | Merged with Phillips Petroleum (ConocoPhillips) |
Headquarters |
Tosco (The Oil Shale COrporation) was an independent US based
History
In 1964 Tosco,
In 1976 the company name was shortened to Tosco after the company acquired the Avon Refinery in
A major company reorganization followed in 1983. Several takeover bids during the 1980s failed to materialize, and another major reorganization took place in 1991 with the company moving its headquarters to Stamford, Connecticut.[3]
In 1996, Tosco acquired the
1999 refinery accident
On February 23, 1999, four workers at the Avon Refinery in Concord were burned to death after they tried to replace a leaky oil pipe. The San Francisco Chronicle reported[6] that one Tosco employee, Anthony Creggett, claimed shortly after the fire that plant managers had refused a request by four workers to shut down the high-temperature distillation tower during the repairs on the pipe.
2001 refinery fire
In spring 2001, local gas prices spiked after a fire at a Tosco plant in Carson, California, south of Los Angeles, that released toxic smoke visible 90 miles away.[7]
References
- ^ "An Assessment of Oil Shale Technologies" (PDF). June 1980. NTIS order #PB80-210115. Retrieved 2008-11-23.
- ^ Standard Reference Encyclopedia Yearbook: Events of 1982, page 155. New York: Funk & Wagnalls, 1983.
- ^ Tosco Corporation: Information and Much More from Answers.com
- ^ "Tosco completes merger with Phillips. (Top of the News)". National Petroleum News. [dead link]
- ^ "Philips Petroleum Co. to purchase the Tosco Corp. for 0.52 times revenue, The". Weekly Corporate Growth Report. 2001.
- ^ "Global Community Monitor : Shock Waves from Tosco Refinery's Fatal Blast Fateful day began with a final 'I love you' to wife". Archived from the original on 2012-02-23. Retrieved 2012-07-24.
- ^ "Balls of Fire". Newsweek. 7 May 2001.