COMPANY·HISTORIES
NAIC 211112

Natural Gas Liquids (e.g., Ethane, Isobu- tane, Natural Gasoline, Propane) Recovered from Oil and Gas Field Gases

How the companies in this industry began, and the forces that shaped them.

32companies1890–2001founding years28still active4no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedSunoco, Inc.FoundedSunoco, Inc.
1890
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedNorsk Hydro ASA
1905
FoundedNorthwest Natural Gas Company
1910
FoundedCanadian Utilities Limited
1911
1914
EconomyWorld War I begins; global trade reorders.
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
FoundedGaz de France
1946
1947
TechnologyThe transistor is invented.
FoundedNational Iranian Oil Company
1951
FoundedENI S.p.A.
1953
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedSonatrach
1963
FoundedAbu Dhabi National Oil CompanyFoundedAbu Dhabi National Oil CompanyFoundedNigerian National Petroleum Corporation
1971
EconomyThe dollar leaves the gold standard; currencies float.
FoundedStatoil ASA
1972
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedDynegy Inc.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
FoundedWestern Gas Resources, Inc.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedBP p.l.c.
1998
FoundedE.On AG
2000
EconomyThe dot-com bubble bursts.
FoundedConocoPhillips
2001
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Sunoco, Inc. →
Active · founded 1890
Sunoco, Inc.
Sunoco, Inc. →
Active · founded 1890
Sunoco, Inc.
Norsk Hydro ASA →
Active · founded 1905
Norsk Hydro ASA is the largest public industrial company in Norway, with operations in three core areas: oil and…
Norsk Hydro ASA →
Active · founded 1905
Norsk Hydro ASA is the largest public industrial company in Norway, with operations in three core areas: oil and…
Northwest Natural Gas Company →
Active · founded 1910
Northwest Natural Gas Company, which does business as Northwest Natural, distributes natural gas to approximately…
Northwest Natural Gas Company →
Active · founded 1910
Northwest Natural Gas Company, which does business as Northwest Natural, distributes natural gas to approximately…
Canadian Utilities Limited →
Active · founded 1911 · Canada
Company Origins: 1900-25 The earliest enterprise of Canadian Utilities Limited was Canadian Western Natural Gas…
Canadian Utilities Limited →
Active · founded 1911 · Canada
Company Origins: 1900-25 The earliest enterprise of Canadian Utilities Limited was Canadian Western Natural Gas…
Gaz de France →
Defunct · founded 1946 · France
Not content to be Europe's third largest provider of natural gas, Gaz de France (GDF) is gunning for that market's top…
Gaz de France →
Defunct · founded 1946 · France
Not content to be Europe's third largest provider of natural gas, Gaz de France (GDF) is gunning for that market's top…
National Iranian Oil Company →
Active · founded 1951 · Iran
The second largest producer of oil among Organization of the Petroleum Exporting Countries (OPEC) companies in 2003,…
National Iranian Oil Company →
Active · founded 1951 · Iran
The second largest producer of oil among Organization of the Petroleum Exporting Countries (OPEC) companies in 2003,…
ENI S.p.A. →
Active · founded 1953 · Italy
ENI S.p.A., the former Italian state-owned Ente Nazionale Idrocarburi, is one of the world's top ten oil and natural…
ENI S.p.A. →
Active · founded 1953 · Italy
ENI S.p.A., the former Italian state-owned Ente Nazionale Idrocarburi, is one of the world's top ten oil and natural…
Sonatrach →
Active · founded 1963 · Algeria
Sonatrach, formerly Entreprise Nationale Sonatrach, is the Algerian state-owned oil and gas company.
Sonatrach →
Active · founded 1963 · Algeria
Sonatrach, formerly Entreprise Nationale Sonatrach, is the Algerian state-owned oil and gas company.
Abu Dhabi National Oil Company →
Active · founded 1971 · United Arab Emirates
Abu Dhabi National Oil Company (ADNOC) is one of the ten largest oil companies in the world.
Abu Dhabi National Oil Company →
Active · founded 1971 · United Arab Emirates
Abu Dhabi National Oil Company (ADNOC) is one of the ten largest oil companies in the world.
Nigerian National Petroleum Corporation →
Active · founded 1971 · Nigeria
The Nigerian National Petroleum Corporation (NNPC) is the holding company that oversees the Nigerian state's interests…
Nigerian National Petroleum Corporation →
Active · founded 1971 · Nigeria
The Nigerian National Petroleum Corporation (NNPC) is the holding company that oversees the Nigerian state's interests…
Statoil ASA →
Active · founded 1972 · Norway
Formerly known as Den Norske Stats Oljeselskap AS, Statoil ASA is Norway's oil and gas powerhouse.
Statoil ASA →
Active · founded 1972 · Norway
Formerly known as Den Norske Stats Oljeselskap AS, Statoil ASA is Norway's oil and gas powerhouse.
Dynegy Inc. →
Active · founded 1984
Dynegy Inc.
Dynegy Inc. →
Active · founded 1984
Dynegy Inc.
Western Gas Resources, Inc. →
Active · founded 1989
Western Gas Resources, Inc.
Western Gas Resources, Inc. →
Active · founded 1989
Western Gas Resources, Inc.
BP p.l.c. →
Defunct · founded 1998 · United Kingdom
Formed by the 1998 merger of British Petroleum Company and Amoco Corporation, BP p.l.c.
BP p.l.c. →
Defunct · founded 1998 · United Kingdom
Formed by the 1998 merger of British Petroleum Company and Amoco Corporation, BP p.l.c.
E.On AG →
Active · founded 2000 · Germany
E.On AG is the largest listed power generation company in Europe.
E.On AG →
Active · founded 2000 · Germany
E.On AG is the largest listed power generation company in Europe.
ConocoPhillips →
Active · founded 2001
ConocoPhillips is the third largest U.S.
ConocoPhillips →
Active · founded 2001
ConocoPhillips is the third largest U.S.
Build It Today

Starting a natural gas liquids (e.g., ethane, isobu- tane, natural gasoline, propane) recovered from oil and gas field gases company now

Each week we rebuild one of these stories for today's tools and capital.