Gulf Oil LP

Gulf Oil LP is an American oil company formed when Chevron Corporation acquired the naming rights to the Gulf Oil brand in the United States for $13 billion in 1985.

Gulf Oil LP
Company typePrivate
IndustryPetroleum industry
PredecessorGulf Oil 1901 (1901)
Founded1986 (1986)
HeadquartersWellesley, Massachusetts, U.S.
Number of locations
1,190 (2022)
Area served
United States East Coast
Key people
Eric Johnson (President and CEO)
ProductsFuels,
Lubricants
Greases
Marine Lubricants
RevenueUS$575.6 million (2022)
Owner
Websitegulfoil.com

By 2010, convenience store chain Cumberland Farms acquired all rights to the brand from Chevron, making it the sole owner and marketer in the country. Once based in Chelsea, Massachusetts and Newton, Massachusetts, Gulf Oil LP then shared its headquarters with Cumberland Farms in Framingham, Massachusetts. In 2015, Cumberland sold the company to ArcLight Capital Partners and moved the company to its own office in Wellesley, Massachusetts, eventually selling to convenience store chain RaceTrac in 2023.

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