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Chevron Phillips Chemical (CPChem) is a petrochemical company that is a 50/50 joint venture between Chevron Corporation and Phillips 66.The company was formed July 1, 2000, by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company.
In November 2005, Petrobras signed an MoU with Astra Oil Company with the goal of establishing a joint operation of refining and marketing in the US. The acquisition was completed in September 2006. The total amount paid was $360 million: $190 million for 50% of the shares and $170 million for the refinery stocks.
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 ]
In October 2014, Chevron announced that it would sell a 30 percent holding in its Canadian oil shale holdings to Kuwait's state-owned oil company Kuwait Oil Company for a fee of $1.5 billion. [60] Despite these sales, Chevron continued to explore acquisitions, a trend which had reinvigorated in 2019 and extended throughout the COVID-19 pandemic .
This category is for oil and gas fields owned, operated or developed by Chevron Corporation. Pages in category "Chevron Corporation oil and gas fields" The following 7 pages are in this category, out of 7 total.
The Standard Oil Gasoline Station on Van Ness Avenue in San Francisco is the last remaining gas station branded with Standard Oil in California, United States. It maintains this branding to maintain Chevron 's claim to the trademark in California. [ 1 ]