Standard Oil Standard Oil Standard Oil Co. Inc. was an American oil producing, transporting, refining, and marketing company. Established in 1870 by John D. Rockefeller and Henry Flagler as a corporation in Ohio, it was the largest oil refinery in the world of its time. Its history as one of the world's first and largest multinational corporations ended in 1911, when the United States Supreme Court, in a landmark case, ruled that Standard Oil was an illegal monopoly. Standard Oil dominated the oil products market initially through horizontal integration in the refining sector, then, in later years vertical integration; the company was
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