Gulf price in Bangladesh

 Gilf Pride 4T Plus 20w-40 price in Bangladesh 400 BDT. This mobile grade is 20W-40. This is full synthetic mobile.

The establishment of the entity Gulf Oil traced back to 1901 when the oil deposit was discovered in the area of Spindletop in the southern portion of Beaumont, Texas, in the United States. Then a group of businessmen and couple of investors gathered accordingly and worked to develop the modern refinery project to process the oil nearby Port Arthur. 

There the major investors were Andrew Mellon and William Larimer Mellon Sr., from the famous Pittsburgh Mellon family. And the other investors as well as the partners were a number of individual Texas wildcatters and some Pennsylvania clients of the Mellon Bank. Thus the business entity has grown and established where Gulf Oil and Mellon Bank therefore Mellon Family remained closely associated with each other for a long time.

The official formation of the Gulf Oil Corporation figured in 1907 by the incorporation of a number of oil businesses, led by the J.M. Guffey Petroleum Company, Gulf Pipeline Company, and Gulf Refining companies of Texas where most of the company names were referred from the Gulf of Mexico where Beaumont city and Port Arthur established.

Hence after the establishment, Gulf Oil had seen so many ups and downs and mostly led the company toward successes and global relationships with other business corporations, which made Gulf Oil become one of the Seven Sisters (oil companies) in the world. Whatever, the company sustained until 1985 and demolished officially even having huge liquid and fixed assets on that year. Afterward, in 1986 the brand name relived underneath two different business entities named Gulf Oil International (GOI) and Gulf Oil LP (Gulf Oil Limited Partnership).

Now Gulf Oil International (GOI) is owned by the Hinduja Group that is an Anglo-Indian transnational conglomerate involved in a wide range of business corporations like Automotive, Oil and Gas, Power, Financial services, ITES, Media, Telecom, Healthcare businesses. Gulf Oil International owns the rights on the Gulf brand outside the United States, Spain & Portugal. On the other side, Gulf Oil LP (GOLP) now owned by ArcLight Capital Partners from Chevron in 2015 runs its businesses in the United States of America.

Generally, Gulf is now a brand name that is surviving under different entities till today. The companies that own the brand name market petroleum-based products therefore gas, oil, lubricants, as well as automobile fluids and care items. Hence Gulf is over a century old globally recognized brand name now in the automobile and industrial lubricant industry.

FAQ – Frequently Asked Questions

1. What is the Price of Gulf Pride 4T Plus 20W-40 in Bangladesh?

Ans: 400 BDT .