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The reputation of Standard Oil in the public eye suffered badly after publication of Ida M.
Tarbell's classic exposé The History of the Standard Oil Co.
Socony-Vacuum had Asian marketing outlets supplied remotely from California.
In 1933, Jersey Standard and Socony-Vacuum merged their interests in the Asia-Pacific region into a 50–50 joint venture.
In 1922, it found oil in Indonesia and in 1927, it built a refinery in Sumatra.
After dissolution of Standard Oil, Socony had refining and marketing assets but no production activities.The company has also been the target of accusations of improperly dealing with human rights issues, influence on American foreign policy, and its impact on the future of nations.Both Exxon and Mobil were descendants of Standard Oil, established by John D.The interest in hydrogenation evaporated after discovery of the East Texas Oil Field.As a part of the cooperation between Jersey Standard and IG Farben, a joint company, Standard I. Company, was established with Jersey Standard having a stake of 80%.
in 1904, leading to a growing outcry for the government to take action against the company.