2015 Event British Petroleum (BP) reaches a settlement with U.S. federal, state and local government entities regarding damages from its Deepwater Horizon rig explosion five years ago; BP will pay USD $18 billion through the year 2030 2013 Event Individuals from the Imperial Petroleum company in Indianapolis, Indiana, face charges for the largest tax and securities fraud scheme in Indiana history 1990 Death Armand Hammer, CEO (Occidental Petroleum), dies at 92 1966 Event North Sea Gas was 1st pumped ashore by British Petroleum 1960 Event OPEC (Organization of Petroleum Exporting Countries), forms 1948 Birthday John Browne, group chief executive, British Petroleum Company 1940 Event Netherlands rations petroleum 1915 Event Bataafsche Petroleum Me begins oil extraction of Maracaibo 1914 Event Henry Colijn appointed as director of Bataafsche Petroleum Co 1914 Event Dutch Minister of war H Colijn named director of British Petroleum 1913 Event William M Burton patents a process to "crack" petroleum 1907 Event Royal Oil and Shell merge to form British Petroleum (BP) 1898 Birthday Armand Hammer, New York City, millionaire industrialist, Occidental Petroleum 1884 Birthday Adrian S Oppenheim, Dutch lawyer/adviser, British Petroleum/Shell 1878 Event Vaseline is 1st sold (registered trademark for petroleum jelly)
