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The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]
Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. [1] Headquartered in Singapore, it is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously Australia and South Africa) under a trademark licensing agreement with Chevron.
Portable, or field pH meters, are handheld pH meters that are used to take the pH of a sample in a field or production site. [19] In-line or in situ pH meters, also called pH analyzers, are used to measure pH continuously in a process, and can stand-alone, or be connected to a higher level information system for process control. [20]
The company was founded in May 1967 as the first private oil company in Korea. [1] [2] The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation in 2005 as part of the GS Group split from LG Corporation. [3] GS Caltex exports petroleum, petrochemical, and lubricant products to 57 countries (as of 2022). [citation needed]
After working with 500-residential electricity customers in the Houston area, it was found that by using a smart meter, consumers cut down on energy use for the home. [10] The pilot program was funded in part by the $200 million it received from the federal stimulus act. [10] Electric vehicles
Occidental Petroleum was founded in Los Angeles, CA in 1920. [5] In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. [6] The 1960s marked a period of expansion as Occidental established operations in Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom.
In March 1984, Mobil announced that it had "secretly" agreed to buy the 22 percent, and would offer the company's remaining stockholders the same price, at $45 a share. [24] In March 1984, Superior Oil was in the process of being acquired by Mobil for $5.7 billion. [25] [23] At that time the company was the nation's largest independent oil ...
ExxonMobil's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas. It has capacity of 588,000 barrels per day (93,500 m 3 /d). [1] The site first opened in 1919 and was originally operated by the Humble Oil Company. Today, it is the largest employer in the city.