Chevron Corporation uses the brand name Caltex for its petroleum products in the Middle East, Southern Africa, and Asia-Pacific. With its headquarters in Singapore, the company is also known by the brand name of non-Chevron petroleum firms in a few other countries (formerly Australia and South Africa, as well as New Zealand) through a trademark license with Chevron.
Prior to the 2001 merger of the two parent businesses to become ChevronTexaco (later renamed simply to Chevron in 2005), Caltex was the name of the joint venture between Chevron and Texaco that operated under the Caltex brand name. When the two main firms were still known as Standard Oil of California and The Texas Company, respectively, the joint venture was established on June 30, 1936, under the name California Texas Oil Company Limited. The joint venture was formally renamed Caltex in 1968, shortening its previous name.
| Website | www.caltex.com |
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Before Chevron and Texaco merged, the joint venture was eventually known as Caltex Corporation. Following the merger, the old joint venture changed its name to ChevronTexaco Global Energy Inc. and became a wholly-owned subsidiary of the combined business.
Caltex timeline:
- 30 June 1936: Standard Oil of California (Socal, later Chevron) and The Texas Company (later Texaco) formed the California Texas Oil Company (Caltex)
- 1947: Tankers purchased from surplus U.S wartime fleet; Texaco’s European subsidiaries purchased.
- 1948: Caltex entered partnership with Japan’s Nippon Oil Company.
- 1949–66: Caltex built or had interest in new refineries in 20 countries.
- 1967: European interests transferred to Chevron and Texaco; Caltex refocused on Africa and Asia.
- 1968: Caltex entered Korean market as LG Caltex, a joint venture with Lucky Chemical Goldstar (later LG Corporation).
- 1968: California Texas Oil Company Limited changed its name to Caltex Petroleum Corporation
- 1981–83: Acquisitions strengthened position in Hong Kong, Thailand, the Philippines and Australia.
- 1982: Caltex corporate headquarters moved to Dallas, Texas.
- 1985: Representative office opened in Beijing, China.
- 1990s: Caltex moved into other promising markets including India, Sri Lanka, Vietnam, Cambodia, Indonesia, and Lebanon.
- 1996: Caltex introduced new corporate and retail identity, including a new logo.
- 1998: Caltex relocated its headquarters from Dallas to Singapore.
- 1 January 1999: Caltex changed name from Caltex Petroleum Corporation to Caltex Corporation.
- 1999-2000: Havoline Energy, Vortex fuels and Delo engine oils were launched in Caltex internationally
- 2001: Chevron bought over Texaco to become ChevronTexaco and became full owner of Caltex. Caltex Corporation became ChevronTexaco Global Energy Inc.
- 2005: ChevronTexaco renamed back to Chevron, and ChevronTexaco Global Energy Inc became Chevron Global Energy Inc
- March 2006: The Techron fuel-additive began to be introduced to 8 countries in Asia Pacific and Africa, including Cambodia, the Philippines and South Africa.
