
Atlantic Richfield Company
The Atlantic Richfield Company, often known as ARCO, is an American oil company that plays a significant role in the energy sector. Founded in 1909, it primarily focuses on the exploration, production, and refining of petroleum and natural gas. ARCO became well-known for its innovative approaches in oil extraction and was one of the first companies to use certain technologies for more efficient resource recovery. In 2000, it was acquired by British Petroleum (BP), significantly expanding BP's operations in the United States. Today, ARCO's legacy continues under BP's umbrella, contributing to energy supply and environmental initiatives.