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[139] [140] Chevron owns the trademark rights to Texaco and Caltex fuel and lubricant products. [141] Chevron, with equal partner Singapore Petroleum Company, also owns half of the 285,000 barrels per day (45,300 m 3 /d) Singapore Refining Company (SRC) plant, a complex refinery capable of cracking crude oil.
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 ...
At year end 2021, Berkshire Hathaway Energy owns 7.7% of Chinese electric vehicle manufacturer BYD Company, and Berkshire Hathaway owns approximately 6% stakes in five major Japanese conglomerates, ITOCHU Corporation, Mitsubishi Corporation, Marubeni Corporation, Sumitomo Corporation and Mitsui & Co., Ltd. [85]
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]
The backdrop is a grim one for Chevron (NYSE:CVX), as well as for its peers/rivals Exxon Mobil (NYSE:XOM) and even foreign oil giant BP (NYSE:BP). Although revenue of $46.4 billion fell short of ...
Given Chevron's size and financial strength (the company's debt-to-equity ratio is a very low 0.16), it can also act as an industry consolidator. It bought U.S.-focused Noble Energy in 2020 ...
Chevron Corp. Home Depot Inc. McDonald's Corp. AbbVie Inc. ... Trump owns 114,750,000 shares of the media brand or 64.9% of the entire company. ... This article What Stocks Does Donald Trump Own?
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.