OverviewHistoryOrganizationSubsidiariesOperationsControversiesAutomobile and motorcycle OEM partnershipsSponsorship
The company was founded after World War I, when petrol was seen as vital in case of a new war with Germany. The then-French President Raymond Poincaré rejected the idea of forming a partnership with Royal Dutch Shell in favour of creating an entirely French oil company. At Poincaré''s behest in 1924 Col. Ernest Mercier, with the support of 90 banks and companies, founded the Compagnie Française des Pétroles (CFP)
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