ExxonMobil the Exxon Building (1251 Avenue of the Americas), its former headquarters in Rockefeller Center, to a unit of Mitsui Real Estate Development Co. Ltd. in 1986 for $610 million, and in 1989, moved its headquarters from Manhattan, New York City to the Las Colinas area of Irving, Texas. John Walsh, president of Exxon subsidiary Friendswood Development Company, stated that Exxon left New York because the costs were too high. On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than of crude oil. The Exxon Valdez oil spill was the
History of the oil tanker of the U.S. This schooner was fitted out as an oil tanker in 1906, and sunk in a storm off Isles of Scilly in Dec. 1907. The 1880s also saw the beginnings of the Asian oil trade. The oil industry in Azerbaijan was the largest producer in the world at that time, but was limited to the Russian market. John D. Rockefellers Standard Oil dominated the world market. The idea that led to moving Russian oil to the Far East via the Suez Canal was the brainchild of two men: importer Marcus Samuel and shipowner/broker Fred Lane — the London