Getty Oil - Subsidiaries

Subsidiaries

In November 2000, Russian oil company Lukoil purchased Getty Marketing, which had been spun off of Getty Realty, and in 2003 converted a small number of Getty stations to Lukoil. In 2004, Lukoil bought many Mobil stations from ConocoPhillips, which had bought the stations from ExxonMobil in 2000. ExxonMobil sold these stations off due to an antitrust settlement soon after Exxon and Mobil merged. These stations were converted to Lukoil quickly for legal reasons.

According to Getty Realty's 2006 annual report, Getty Realty owns the Getty trademark and trade name in the United States and licenses them to Getty Marketing (owned by Lukoil). In Europe the trademark was owned by Texaco before Olaf Westerhoudt acquired the rights in 2007 for an undisclosed amount.

At one point, Getty Oil owned a majority stake of ESPN, before it was sold to the American Broadcasting Company in 1984.

As of August 2009, many Getty stations in New England have been converted to BP or are in the process of doing so. Evidence of converted stations can could be found in Providence, RI, Athol, MA, Fall River, MA, New Bedford, MA, Woburn, MA, Bloomfield, CT, Southington, CT, Watertown, CT, Danbury, CT, Salem, NH, Lowell, MA, Woonsocket, RI, and Middletown, CT.

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