Richfield Oil Corporation was an American petroleum company based in California from 1911 to 1966. In 1966, it merged with Atlantic Refining Company to form the Atlantic Richfield Company (later renamed ARCO).[1]
History
The Richfield Oil Corporation was founded in 1911,[2] and opened its first automotive service station in Los Angeles in 1917.[3] Pacific Western Oil Corporation was successor to Petroleum Securities Co. and, when incorporated in 1928, continued Petroleum Securities Company's existing contract to supply crude oil to Richfield.
The 12-story black and gold Art Deco style Richfield Tower in Los Angeles, constructed in 1929, served as the corporate headquarters until its demolition in 1968.
After quick expansion, Richfield Oil Corp fell to the Great Depression and went into receivership in 1931.[4]