Definition of treasurer for English Language Learners. : someone who is officially in charge of the money that is taken in and paid out by a government, business, organization, etc.
On Aug. 27, 1955, an explosion at the Standard Oil refinery in Whiting, Ind., destroyed much of the plant and dozens of homes. The explosion occurred in a âhydroformer,â a 26-story-high tank used to convert low-octane gasoline into high-octane gasoline at what is now a BP refinery.
Standard Oil of California acquired Standard Oil of Kentucky in 1961 and was renamed Chevron Corporation in 1984. Standard Oil Company (New Jersey) changed its name to Exxon Corporation in 1972. British Petroleum Company PLC completed the purchase of Standard Oil Company (Ohio) in 1987, and in 1998 British Petroleum (renamed BP) merged with Amoco. Exxon and Mobil merged in 1999, and Chevron merged with Texaco in 2001.