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Chevron's Asia downstream headquarters is in Singapore, and the company operates gas stations (under the Caltex brand) within the city state, in addition to some gas stations in Western Canada. [ 127 ] [ 128 ] Chevron owns the trademark rights to Texaco and Caltex fuel and lubricant products.
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. [1] [5]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. [2]
Gulf Oil Limited Partnership (GOLP), based in Framingham, Massachusetts, has bought a license for North American rights to the Gulf brand from Chevron. Chevron still owned the Gulf brand, but was making almost no direct use of it. In January 2010, GOLP bought the entire brand from Chevron and began a nationwide expansion campaign.
For the second time this month, the oil and gas industry has witnessed a major merger between two leading companies — this one involving Chevron’s proposed buyout of Hess for $53 billion.That ...
Texas Company Building at 1111 Rusk St. in Houston. The company moved to larger facilities in 1989 "The Texas Company" Galveston station, c. 1910-20. Texaco was founded in Beaumont, Texas as the "Texas Fuel Company" in 1902, [6] by Jim Hogg, Joseph S. Cullinan, John Warne Gates, and Arnold Schlaet.
After the Arab Oil Embargo of the 1970s, energy stocks rallied as gas and oil prices skyrocketed. Energy's weight in the S&P 500 went from 7% in 1972 to 28% at the tail end of 1980.
The backdrop is a grim one for Chevron (NYSE:CVX), as well as for its peers/rivals Exxon Mobil (NYSE:XOM) and even foreign oil giant BP (NYSE:BP). Although revenue of $46.4 billion fell short of ...
Noble Energy, Inc. was a company engaged in hydrocarbon exploration headquartered in Houston, Texas.In October 2020, the company was acquired by Chevron Corporation.. The company was known as Noble Affiliates, Inc. until 2002.