An Oct. 1 Monitor business article on the integrated oil companies stated that ''Royal Dutch/Shell bought out Shell Oil of Houston'' in an acquisition similar to Chevron's acquisition of Gulf Oil. In fact, unlike Chevron's complete acquisition of Gulf, Royal Dutch/Shell to date has acquired 95 percent of Shell Oil's common stock. As of this writing a proposed merger is awaiting the outcome of litigation filed by disgruntled shareholders.Skip to next paragraph
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The article also stated that Standard Oil of Indiana (Amoco) was one of the ''seven sisters'' of the oil world. Although Amoco was not traditionally a ''sister,'' the disappearance of Gulf from the list this year moved Standard of Indiana into the No. 7 spot in sales and assets.