Standard Oil and Oliver Burr Jennings, who had married the sister of William Rockefeller's wife. In 1870, Rockefeller abolished the partnership and incorporated Standard Oil in Ohio. Of the initial 10,000 shares, John D. Rockefeller received 2,667; Harkness received 1,334; William Rockefeller, Flagler, and Andrews received 1,333 each; Jennings received 1,000, and the firm of Rockefeller, Andrews & Flagler received 1,000. Rockefeller chose the "Standard Oil" name as a symbol of the reliable "standards" of quality and service that he envisioned for the nascent oil industry. In the early years, John D. Rockefeller dominated the combine; he was the single most important
Rio Blanco Oil Shale Company $132 million. Later the company acquired the modified in-situ technology developed by Occidental Petroleum. The major differences of two technologies lay in methods of rubblizing and fractioning of the shale deposit. The company also obtained a license for using the Lurgi-Ruhrgas process. In 1985, Amoco (former Standard Oil of Indiana) took control over the company acquiring Gulf Oil's take from the Chevron Corporation. In the same year, the company ceased its operations. Rio Blanco Oil Shale Company The Rio Blanco Oil Shale Company was an American shale oil extraction technology research and development company. The company was established as a