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Lots of good info from unpublished internal documents at Exxon Excelent research I EXXON CORPORATE HISTORY 1870 - Standard Oil Company formed John D Rockefeller first entered the oil business in 1863 Seven years later he and others formed the first Standard Oil Company in Ohio The Standard name was chosen to indicate high uniform quality The company was the largest refiner and marketer of kerosene in Cleveland 1882 - Standard Oil Trust formed Early in 1882 the Standard Oil Trust was formed under the leadership of John D Rockefeller The Trust organized the interests of 40 separate petroleum companies into one orderly system August 5 1882 - Standard Oil Company of New Jersey incorporated The companys principal facility was the Bayonne refinery which could process 2000 barrels of oil per day Initial capitalization was 3 million 1888 - Anglo-American Oil Company organized 1890 - Interest acquired in Deutsch-Amerikanische Petroleum - Gesellschaft Germany Anglo-American was Standards first international venture formed to market products principally kerosene in England Two years later a 40 percent interest was acquired in DAPG a new German company Marketing expansion proceeded rapidly to many other countries around the world 1892 - Standard Oil Trust dissolved Standard Oil Interests formed The new group consisted of twenty holdingoperating companies including Jersey Standard In 1899 Jersey became the holding company for all with Rockefeller as President The organization had by then expanded into an industrial consortium of more than 70 companies 1898 - Imperial interest acquired 1904 - First foreign oil production When Imperial needed financing to expand in Canada Anglo-American purchased a majority interest Six years later Jersey organized its first affiliate for foreign oil production in Rumania 1906 - US Government files anti-trust suit 1911 - US Court orders break-up The court divided
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