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Texaco was an independent company until its refining operations merged into Chevron in 2001, at which time most of its station franchises were divested to Shell plc through its American division. Texaco began as the "Texas Fuel Company", founded in 1902 [ 6 ] in Beaumont, Texas , by Joseph S. Cullinan , Thomas J. Donoghue, and Arnold Schlaet ...
In July 2010, Chevron ended retail operations in the Mid-Atlantic United States by removing the Chevron and Texaco names from 1,100 stations. [25] [26] In 2011, Chevron acquired Pennsylvania-based Atlas Energy Inc. for $3.2 billion in cash and an additional $1.1 billion in existing debt owed by Atlas.
A list of gas station chains in Canada: Canadian Tire Petroleum (Canadian Tire Gas+) – over 300 stations across Canada; most located next to Canadian Tire retail stores or at service centres such as ONRoute; Chevron Corporation – under license by Parkland Corporation (British Columbia, Alberta) Domo Gasoline – 80 stations in western Canada
Valero also purchased ownership interest in four major pipelines and eleven fuel terminals, a 14,000-barrel (2,200 m 3)-per-day aviation fuel business, and a network of more than 1,000 Texaco-branded wholesale sites. Valero has continued with the Texaco brand in these markets. [77]
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.
Pembroke refinery also supplied fuel oil to the nearby oil-fired 2,000 MW Pembroke power station (commissioned in 1968). [3] Chevron acquired Texaco in 2000. Valero Energy Corporation bought the refinery from Chevron in 2011. [4] In August 1992, Texaco offered to purchase the entire village of Rhoscrowther [5] which lies immediately adjacent to ...
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.
Shortly thereafter Chevron's interest in this refinery (and two others) was sold to Shell on February 13, 2002. This new joint venture was called Motiva Enterprises LLC. Until 2017, the Motiva Port Arthur Refinery was a joint venture with a 50% ownership between Shell Oil Products US and Saudi Refining Inc. Shell Oil Products is part of Royal ...