Standard Oil an "unreasonable" monopoly under the Sherman Antitrust Act, Section II. It ordered Standard to break up into 34 independent companies with different boards of directors, the biggest two of the companies were Standard Oil of New Jersey (which became Exxon) and Standard Oil of New York (which became Mobil). Standard's president, John D. Rockefeller, had long since retired from any management role. But, as he owned a quarter of the shares of the resultant companies, and those share values mostly doubled, he emerged from the dissolution as the richest man in the world. The dissolution had actually propelled Rockefeller's personal
Sirte Oil Company one of the five US companies forced by the U.S. government to leave Libya. In 1991, SOC merged with the National Petrochemical Company, creating the Sirte Oil Company for Production, Manufacturing of Oil and Gas. Activities included oil refining, liquefaction of natural gas and petrochemicals (methanol, ammonia and urea). SOC operates the Raguba field in the central part of the Sirte Basin. The field is connected by pipeline to the main line between the Nasser field, one of the largest in Libya, and Brega. As of 2005, besides Nasser, SOC was in charge of two other gas fields - Attahadi