History
- 1938 Discovery of Oil in Kuwait
- 1975 Nationalisation Oil wells in Kuwait
- 1980 Foundation Kuwait Petroleum Corporation
- 1983 Foundation Kuwait Petroleum International Limited - Acquisition Gulf Oil in the Benelux, Sweden and Denmark
- 1984 Acquisition Gulf Oil in Italy
- 1986 Acquisition of Hays Petroleum Services (which had previously been owned by the Kuwait Investment Office, and used the Pace Petroleum brand) and Ultramar in the UK - Introduction of the Q8 brand
- 1987 Acquisition of BP in Denmark
- 1987 Acquisition of the Soviet-controlled Nafta in Britain
- 1990 Acquisition of Mobil Oil in Italy
- 1997 Joint Venture with Agip - Milazzo refinery in Sicily
- 1998 Joint Venture OK Petroleum and KPI in Sweden establishing the OKQ8 brand
- 1998 Acquisition of BP retail Belgium
- 1999 Acquisition of Aral Belgium
- 2004 Acquisition of Tango unmanned sites from Petroplus in the Netherlands (62 sites), Belgium (4 sites) and Spain(1 site); these are typically now branded "Q8 Easy"
- 2004 Sale of UK operations to a consortium operating under the name Pace Petroleum
- 2005 Sale of Thai operations to the Malaysian company Petronas
- 2006 Sale of German operation (which had 37 service stations under the Markant brand) to Westfalen
Read more about this topic: Kuwait Petroleum International
Famous quotes containing the word history:
“the future is simply nothing at all. Nothing has happened to the present by becoming past except that fresh slices of existence have been added to the total history of the world. The past is thus as real as the present.”
—Charlie Dunbar Broad (1887–1971)
“History has neither the venerableness of antiquity, nor the freshness of the modern. It does as if it would go to the beginning of things, which natural history might with reason assume to do; but consider the Universal History, and then tell us,—when did burdock and plantain sprout first?”
—Henry David Thoreau (1817–1862)
“A country grows in history not only because of the heroism of its troops on the field of battle, it grows also when it turns to justice and to right for the conservation of its interests.”
—Aristide Briand (1862–1932)