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.
The Standard Oil Company of Ohio was the original company that Rockefeller established in 1862. In 1911, following the Supreme Court ruling, the company became known as Standard Oil of Ohio or SOHIO. The company, in effect, ceased to exist after being purchased by British Petroleum (BP) in 1970, although BP continued to sell gasoline under the SOHIO brand name until 1991.