Imperial Oil & Gas
| |
| Type | Public (ICI: IOG) |
| Founded | 1873 (as the Horace & Worthington Engineering Company) 1903 (as a Crown Corporation) 1998 (as a private company) |
| Headquartered | Kingston, Praetonia |
| Products | Oil and derived products Natural gas and derived products Industrial and household chemicals Engines Lion Motors' cars Powerstation construction Electricity distribution Civil engineering Specialist engineering |
| Assets |  7,450,000,000,000
|
| Market Capitalisation | 26,750,000,000,000
|
| Employees | 2,634,430 |
| Chief Executive | Sir Albert Frederick |
| Finance Director | Horace Walker |
| Board Chairman | Lord Shrewsbury |
Imperial Oil & Gas plc. is a Praetonian engineering and hydrocarbons company and the second largest company in Praetonia by market capitalisation. The company has a number of diverse engineering interests, including the Lion Motors' car manufacurer and oil fields in Eurasia.
History
The Horace & Worthington Engineering Company was founded in 1873 as a manufacturer of drilling and surveying equipment. The Company remained relatively small and unknown until winning a contract in November 1902 to supply oil drilling equipment to the Crown Petroleum Company. Three months later Horace & Worthington was purchased by the crown and the two companies were amalgamated into the Imperial Oil & Gas Company. As little progress had yet been made on the extraction of Praetonian oil, almost all of the new company's assets were supplied by Horace & Worthing, with the Crown Petroleum Company supplying only the drilling licences for the oil fields in question.
