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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 ...
The Ayoluengo oil field was discovered in June 1964 by Amospain (joint venture Chevron, Texaco, Campsa). [2] It was developed by Leni Oil & Gas. It began production in 1967 and produces oil. The total proven reserves of the Ayoluengo oil field are around 104 million barrels (13.9×10 6 tonnes), and production is centered on 225 barrels per day ...
Gulf Oil. Gulf Oil was a major global oil company in operation from 1901 to 1985. [1] The eighth-largest American manufacturing company in 1941 and the ninth largest in 1979, Gulf Oil was one of the Seven Sisters oil companies. Prior to its merger with Standard Oil of California, Gulf was one of the chief instruments of the Mellon family ...
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.
Before 1988, Chevron made a number of consecutive quarterly dividend payments of $0.15, but the payout has increased every year since then, up to its current quarterly dividend of $1.00. It's been ...
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.
Techron. Techron is a patented fuel additive developed by Chevron Corporation and sold in its fuel operations (including Texaco and Caltex). It contains a polyether amine-based detergent, which is purported to dissolve deposits in automotive engines and prevent them from building up. Chevron released Techron as an additive in 1981, and began ...
A Repsol in Cubelles, Barcelona, Spain. In 1999, Repsol bought 97.81% of the Argentine oil and gas company YPF S.A., which at the time was the largest oil-and-gas company in Ibero America. The acquisition better positioned Repsol as a multinational company. Repsol's acquisition of YPF also increased its capital to 288 million shares worldwide.