Caltex


Caltex is a petroleum brand name of Chevron Corporation used in 29 countries in the Asia-Pacific region, the Middle East, and Southern Africa.

History

Caltex began in 1936 as the California Texas Oil Company, a joint venture between the Texas Company and Standard Oil of California to market oil from newly gained concessions in Bahrain. It was renamed Caltex Petroleum Corp. in 1968. The two parent companies merged in 2001 to form ChevronTexaco and Caltex remains one of its major international brand names.
Caltex timeline:

Australia

Texaco products were first sold in Australia in 1900. Texas Company Australasia Limited was incorporated in New South Wales in 1918. The Caltex brand name began to be used for the first time in Australia in 1941.
Caltex operated in Australia for another 54 years as Caltex Oil Pty Ltd, during which it opened its Kurnell refinery in 1956. It also took over Golden Fleece in 1981. Caltex Oil Pty Ltd merged with its rival Ampol in May 1995 to form Australian Petroleum Pty Ltd. Caltex acquired full ownership of Australian Petroleum in 1997 and the merged company was renamed Caltex Australia Limited in 1997. The Ampol brand was mostly phased out while the Caltex brand was retained.
Until 2015, Caltex Australia was owned 50% by Chevron, and 50% by Australian shareholders. In 2015, Chevron sold its 50 per cent stake in Caltex Australia, but allowing Caltex Australia to continue using the Caltex brand. In December 2019, Caltex announced that Chevron had given notice to terminate the licence agreement for the use of the Caltex brand in Australia. Caltex Australia was renamed Ampol during the annual general meeting in May 2020. Under the licence agreement, Caltex Australia will have until December 2022 to complete the rebrand.

New Zealand

Caltex has been operating in New Zealand since 1936. On 1 June 2016, Chevron New Zealand, which operated the Caltex brand in New Zealand, was acquired by Z Energy Ltd. Z Energy, a New Zealand owned company, operates the Caltex network in New Zealand using the brand under licence from Chevron International. The Caltex-branded retail network is independently owned and operated, with the operators setting their own retail fuel prices. There are more than 140 Caltex branded service stations and 70 truck stops around New Zealand.

China

Caltex South China Investments Limited operate over 20 stations in Guangdong through various local joint ventures. GS Caltex, from South Korea, have moved into China and operate a few oil stations in Shandong Province.

Hong Kong

Texaco began kerosene sales in Hong Kong in 1913 and Caltex began operating in Hong Kong in 1937 with a diesel terminal. The terminal was situated in Tsuen Wan in the New Territories. The road leading to the terminal was therefore named Texaco Road. The oil terminal was moved to Tsing Yi where it is and the land plot in Tsuen Wan was developed into a residential complex named Riviera Gardens. Caltex operates over a dozen service stations through Hong Kong Island, New Territories and Kowloon.
captures Manila in WW2

Malaysia

There are around 420 Caltex stations across Peninsular Malaysia and three 3 terminals in Pulau Indah, Prai and a joint-venture in Pasir Gudang.

Philippines

Caltex was established in the Philippines in 1917 when Texas Company began marketing its products in the Philippines through a local distributor, Wise and Co. In 1921, Texaco was formally established and opened its office in Binondo, Manila. Eleven years later, its Pandacan oil depot was converted into a key distribution terminal to bring products by barge to nearby provinces. Caltex celebrated its 75th anniversary in July 2011.
They only sell two kinds of gasoline namely Caltex Platinum and Caltex Silver and one kind of diesel named Caltex Diesel. All these products contain Techron.

India

Caltex had a subsidiary in India in the early 1940s through the early 1980s, however as state owned corporation Indian Oil came in to market, strategically Caltex decided to reduce its operation in India.
In State of Gujarat there were 2 major dealers of Caltex, T.C. Brothers Company & MS. N. K. Sheth Co.
CEO of T.C. Brothers Co, was Mr. Tribhovandas D Parekh & Chairman was Mr. Cuhnilal D Parekh. T. C. Brothers company dealt in Petrolium products, service station for automobiles, paint, tiles, pipes, cements and transportation of oil, kerosene, gasoline/petrol in state of Gujarat. In 2010, Caltex started trading under the name GS Caltex.

Singapore

Caltex arrived in Singapore around the 1950s. There are 25 stations across the island.

South Africa

A quarter of Caltex's service stations are located in South Africa making it one of the country's top five petroleum brands. As a subsidiary of Chevron it also
owns a refinery in Milnerton, north of Cape Town which has a production capacity of 100,000 barrels per day and produces a range of petrochemical products which include petrol, diesel, jet fuel, liquefied petroleum gas, fuel oil and paving asphalt. The company also has a lubricants manufacturing plant and laboratory in Durban.
Caltex had been criticized frequently for its operations in South Africa during the Apartheid era.

South Korea

In South Korea, Chevron has operated under the brand name GS Caltex since 1967.

Taiwan

Some Asian operations are run by Caltex Limited, based in Taipei.
Caltex has a joint venture aviation refueling business in Taiwan airports with Formosa Plastics. It also sells a small quantity of lubricants into Taiwan market.