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Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically ...
Chevron Corporation (2001–present) Subsidiaries. Indian Oil Co. (1931–1943) Website. texaco.com. Texaco, Inc. ("The Texa s Co mpany") 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.
Big Oil companies [a] Big Oil is a name sometimes used to describe the world's six or seven largest publicly traded and investor-owned oil and gas companies, also known as supermajors. [5][6][7][8] The term, particularly in the United States, emphasizes their economic power and influence on politics. Big Oil is often associated with the fossil ...
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.
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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.
Criticism of Chevron. Chevron Corporation has been one of the most widely-criticized companies in the world, mostly stemming from its activities and involving climate change. Chevron's most widely-known scandal involves Texaco's activities in the Lago Agrio oil field, which Chevron is deemed responsible for due to its acquisition of Texaco in 2001.
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