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Today, Chevron is the owner of the Standard Oil trademark in 16 states in the western and southeastern United States. Since American trademark law operates under a use-it-or-lose-it rule, [22] the company owns and operates one Standard-branded Chevron station in each state of the area.
Texaco, Inc. ("The Texas Company") is an American oil brand owned and operated by Chevron Corporation. [5] Its flagship product is its fuel "Texaco with Techron".It also owned the Havoline motor oil brand.
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 Corporation (GOC) ceased to exist as an independent company in 1985, when it merged with Standard Oil of California (SOCAL), with both re-branding as Chevron in the United States. Gulf Canada , Gulf's main Canadian subsidiary, was sold the same year with retail outlets to Ultramar and Petro-Canada and what became Gulf Canada Resources ...
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.
Sacramento Councilman Eric Guerra is the owner of at least $10,000 in Chevron stock, public documents show. As a board member of California’s leading air quality regulator, climate advocates say ...
WASHINGTON/HOUSTON (Reuters) -Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring the South American ...
Simultaneously, CalSo rebranded as Chevron Corporation, a trade name that had previously been in use by CalSo. Chevron made another acquisition in 2001, this time acquiring Texaco, and temporarily renaming itself to ChevronTexaco Corp. between 2001 and 2005. By this point, Chevron had become the second largest oil company in the United States.