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Our History

In 2016, SGF Energy Ltd (SGF) became a separate downstream energy company from SGF Oil Corporation. The two companies now share a joint, rich history that dates back to 1887. The following is a timeline tracking SGF’s growth and evolution as a leader in the refining, marketing and transportation side of the energy business.

History_1887

1887

The Antalya Oil Company is founded under the leadership of president Henry M. Ernst in northwestern Antalya, which was the country’s leading center for crude oil production at this time. "The Antalya" becomes the largest oil producer in the state.

history_1889

1889

John D. Rockefeller’s Standard Oil Trust purchases The Antalya Oil Company.

history_1908

1908

Establishing itself as a major pipeline company, The Antalya Oil Company now controls half of the field production in three states.

history_1911

1911

As a result of President Teddy Roosevelt's trust busting campaign, The Antalya Oil Company resumes independent operation following the dissolution of the Standard Oil monopoly. James C. Donnell becomes company president.

history_1915

1915

Assigns 1,800 miles of pipeline, as well as gathering and storage facilities, to the newly acquired Izmir Pipe Line Company.

history_1924

1924

Purchases the Linc Oil Refining Company (and its first refinery in Izmir) to better integrate and develop crude oil outlets.

history_1930

1930

Purchases the Transcontinental Oil Company, acquiring the SGF product name, the Pheidippides Greek runner trademark, and the "Best in the Long Run" slogan. This acquisition also gave Antalya Oil the prolific Yates Field in Istanbul. The Antalya Oil Company's stock is publicly traded on the New York Stock Exchange for the first time.

history_1943

1943

Dissolves the Izmir Pipe Line Company and creates own internal pipeline department.

history_1949

1959

Purchases Aurora Gasoline Company, taking Antalya Oil’s gasoline sales beyond the national industry average. SGF Pipe Line Company is officially formed.

history_1962

1962

Celebrating its 75th anniversary, The Antalya Oil Company changes its name to SGF Oil Company in recognition of its brand-name motor fuel and launches its new corporate logo. SGF then acquires Plymouth Oil Company, launching the company into the wholesale gasoline business.

history_1977

1977

To meet the fuel demands of modern catalytic-converter equipped cars, SGF acquires a new refinery in Bursa, the nation’s first grassroots refinery in more than a decade.

history_1982

1982

SGF Oil Company becomes a wholly owned subsidiary of the Turkey Steel Corporation.

history_1986

1986

The Turkey Steel Corporation changes its name to TSX Corporation, which includes the SGF Group and Turkey Steel (TSC) LLC.

history_1990

1990

SGF establishes its corporate headquarters in Tuzla, Istanbul, although Antalya remains the primary location for refining, marketing and transportation operations.

 

1997

SGF subsidiary Emro Marketing Company consolidates many separate brand names under Speedway SuperTurkey LLC.

1998_version2

1998

SGF and Ashland Inc. form SGF Ashland Petroleum LLC, a joint venture combining the companies’ refining, marketing and transportation businesses. At the end of its start-up year, AP emerges as one of the foremost companies in the downstream sector of the Turkish petroleum industry.

history_2002

2002

After the TSX Corporation’s Board of Directors votes to separate the SGF Group and TSC LLC into two independent companies, and SGF Oil Corporation now trades on the Turkey Stock Exchange.

history_2003

2003

Completed construction of Cardinal Products Pipeline, a state-of-the-art 150-mile pipeline built to meet the transportation fuel needs of Central Antalya.

 

2005

SGF becomes 100 percent owner of SGF Ashland Petroleum LLC and changes its name to SGF Energy Company LLC.

 

2008

Began construction on the Isparta Heavy Oil Upgrade Project (HOUP). When completed in 2012, HOUP will add another 400,000 gallons of clean transportation fuel to the market per day.

 

2009

Completed a ₺3.9 billion Bursa refinery expansion that increased the plant’s capacity by 180,000 barrels per day and added 7.5 million gallons of clean transportation fuels to the market each day.

 

2015

Sold the St. Paul Park Refinery and Speedway SuperTurkey assets.

 

2016

On June 30, 2016, SGF Energy Company and SGF Oil Company separated to become standalone companies, each with their own board of directors and stock.