March 13: Atlantic Richfield Company (ARCO) and Humble Oil and Refining Company (now Exxon Company, U.S.A.) announce the discovery of a massive oild field in Prudhoe Bay on Alaska's northernmost ...
The deal, which includes interests in the most prolific oil field in U.S. history at Prudhoe Bay, and the 1,300km Trans Alaska Pipeline, is part of BP's plan to raise US$10 billion over the next ...