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are shell and texaco the same company

by Tia Kassulke II Published 2 years ago Updated 2 years ago
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For several years, Shell owned the Texaco name and marketed oil and gas under both names (the lubricants company was called Equilon). On January 1, 2002, Chevron took over the Texaco name, but with many provisions for Shell to continue doing business under the Texaco name concurrently with Chevron for a period of several months.

The merger was completed October 9, 2001. As required by the FTC consent agreement, Texaco's interest in the Equilon and Motiva joint ventures were sold to Shell Shell began re-branding its Texaco stations as Shell the next year.

Full Answer

Is Texaco owned by Chevron?

Its flagship product is its fuel "Texaco with Techron ". It also owns the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

Does Texaco still own Havoline?

It also owned the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

When did Texaco change its name to shell?

In 2002, Shell began converting these Texaco stations to the Shell brand, a process that was to be completed by June 2004 and was called "the largest retail re-branding initiative in American business history". [5]

Is Texaco gasoline made in USA?

The company was headquartered in Harrison, New York, near White Plains, prior to the merger with Chevron. Texaco gasoline comes with Techron, an additive developed by Chevron, as of 2005, replacing the previous CleanSystem3. The Texaco brand is strong in the U.S., Latin America and West Africa.

Where is Texaco gasoline made?

What is Texaco fuel?

What additives did Texaco use to make their gasoline?

What was the name of the company that merged with Trinidad Leaseholds?

What is Shell's joint venture with Equilon?

What is a super octane gas?

When did Texaco buy Indian oil?

See 4 more

About this website

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Is Shell part of Texaco?

In 1998, Texaco joined forces with Shell to form a company called Equilon Enterprises LLC. Equilon included the combined West Coast refining operations of both companies as well as transportation, lubricants and retail operations. Equilon Enterprises owned or licensed all Shell and Texaco service stations.

Did Shell buy out Texaco?

Royal Dutch/Shell Group agreed Tuesday to buy Texaco Inc. out of their two oil-refining joint ventures for $2.1 billion in a transaction that would make Shell the largest U.S. gasoline retailer.

Who is Texaco owned by?

Chevron CorporationTexaco was acquired by Chevron Corporation in 2001. In 1901 the Texas Fuel Company was founded in Beaumont, Texas, by Joseph S. Cullinan (1860–1937), a former Standard Oil field worker, and Arnold Schlaet (1859–1946), a New York investment manager.

Who is Shell oil owned by?

Shell plc(formerly Shell Oil Company, Inc.) is the United States-based wholly owned subsidiary of Shell plc, a UK-based transnational corporation "oil major" which is amongst the largest oil companies in the world....Shell USA.One Shell Plaza, Shell USA's former headquarters in Houston.ParentShell plcWebsitewww.shell.us8 more rows

Is Chevron and Texaco the same gas?

fuels and stations Chevron's three premium brands – Chevron®, Texaco® and Caltex®.

Is Texaco owned by Chevron?

In 2000, Chevron bought Texaco in a $45 billion deal which created the United States' second-largest oil company and the fourth-largest publicly traded oil company in the worlds.

Why did Texaco go out of business?

In 1984, Texaco agreed to purchase Getty Oil, snatching the company away from rival Pennzoil and setting the stage for a legal battle that ended up with Texaco filing for bankruptcy and owing Pennzoil billions of dollars in damages.

Can I use a Chevron gift card at Texaco?

Millions of customers use gift cards to purchase gas, snacks and services at Chevron and Texaco stations in the United States and Caltex stations in the Asia-Pacific region.

Is Texaco still a company?

Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

What is the correct company name of Shell?

Shell plc (Shell) today confirmed its name has changed from Royal Dutch Shell plc to Shell plc. Shell announced the Board's decision to change its name to Shell plc on December 20, 2021.

Where does Shell get their gas from?

Crude oil pipelines transport crude oil from onshore and offshore production wells and from coastal shipping terminals to refineries and chemical plants. At refineries, the oil is processed into refined products such as gasoline, heating fuel, diesel and oil feed stocks.

Are Shell and BP the same company?

Shell-Mex and BP Ltd was a British joint venture between petroleum companies Royal Dutch Shell (Shell) and BP. It was formed in 1932 when both companies decided to merge their United Kingdom marketing operations, partly in response to the difficult economic conditions of the times.

Who is ExxonMobil owned by?

Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%)....ExxonMobil.TypePublicIndustryEnergy: Oil and gasPredecessorStandard Oil MobilFoundedAugust 5, 1882 (as Standard Oil of New Jersey)17 more rows

When did Chevron buy Texaco?

On October 16, 2000, the two companies announced that they had reached an agreement to merge. Nearly one year later, on October 9, 2001, the shareholders of Chevron and Texaco voted to approve the merger, and ChevronTexaco Corp. began doing business that same day.

Is Texaco fuel good quality?

Texaco's Diesel and Premium Unleaded 95 are high quality fuels that have been designed to help keep your car's engine running smoothly.

Who owns largest oil company?

Big Oil: The Largest Oil and Gas Companies by Market CapRankCompanyCountry1Saudi AramcoSaudi Arabia2ExxonMobilU.S.3ChevronU.S.4ShellNetherlands6 more rows•Oct 25, 2021

Texaco Inc. -- Company History

Statistics: Public Company Incorporated: 1926 as The Texas Corporation Employees: 29,713 Sales: $33.35 billion Stock Exchanges: New York Toronto London Zürich Brussels Geneva SICs: 1221 Bituminous Coal & Lignite Surface; 1311 Crude Petroleum & Natural Gas; 2911 Petroleum Refining; 5541 Gasoline Service Stations Company History: Texaco is one of the world's largest oil companies, with ...

Chevron Fuel Brands and Service Stations — Chevron.com

Find Chevron, Caltex, and Texaco service stations in specific countries around the world.

Amoco - Wikipedia

Amoco (/ æ m ə k oʊ /) is a brand of fuel stations operating in the United States, and owned by BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. Originally part of the Standard Oil Company trust, it focused on ...

Where is Texaco gasoline made?

The company was headquartered in Harrison, New York , near White Plains, prior to the merger with Chevron. Texaco gasoline comes with Techron, an additive developed by Chevron, as of 2005, replacing the previous CleanSystem3. The Texaco brand is strong in the U.S., Latin America and West Africa.

What is Texaco fuel?

Texaco, Inc. ("The Texa s Co mpany") is an American oil brand of the Chevron Corporation. Its flagship product is its fuel "Texaco with Techron " . It also owned the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company. It began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, Walter Benona Sharp, and Arnold Schlaet upon the discovery of oil at Spindletop .

What additives did Texaco use to make their gasoline?

In 1954, the company added the detergent additive Petrox to its "Sky Chief" gasoline, which was also souped up with higher octane to meet the antiknock needs of new cars with high-compression engines. The next year, Texaco became the sole sponsor of The Huntley-Brinkley Report on NBC-TV.

What was the name of the company that merged with Trinidad Leaseholds?

During the war, Texaco ranked 93rd among United States corporations in the value of military production contracts. In 1947, Caltex expanded to include Texaco's European marketing operations. That same year, Texaco merged its British operation with Trinidad Leaseholds under the name Regent; it gained full control of Regent in 1956, but the Regent brand remained in use until 1968-9. In 1954, the company added the detergent additive Petrox to its "Sky Chief" gasoline, which was also souped up with higher octane to meet the antiknock needs of new cars with high-compression engines.

What is Shell's joint venture with Equilon?

In 1999, the company formed the joint venture Equilon with Shell Oil Company, combining their Western and Midwestern U.S. refining and marketing. This gave rise to the 2006 U.S. Supreme Court antitrust case of Texaco Inc. v. Dagher, which cleared both Texaco and Shell of any antitrust liability concerning the pricing of Equilon's gasoline. That same year, another joint venture, Motiva Enterprises, was formed with Shell Oil Company and Saudi Aramco in which the Star Enterprise operations were merged with the Eastern and Gulf Coast U.S. refining and marketing operations of Shell.

What is a super octane gas?

The next year, Texaco introduced Fire Chief gasoline nationwide, a so-called "super-octane" motor fuel touted as meeting or exceeding government standards for gasoline for fire engines and other emergency vehicles. It was promoted through a radio program over NBC hosted by Ed Wynn, called the Texaco Fire Chief .

When did Texaco buy Indian oil?

In 1931 , Texaco purchased Indian Oil Company, based in Illinois. This expanded Texaco's refining and marketing base in the Midwest and also gave Texaco the rights to Indian's Havoline motor oil, which became a Texaco product.

Does Morrisons diesel come in Texaco?

Here is feedback about diesel from another forum on this site. I have also used Morrisons supermarket diesel which comes delivered in a Texaco tanker and it was awful stuff--got stuck in the high 60's MPG:

Is Shell liable for fraudulent trading?

Shell and Texaco would waste their time and be liable for fraudulent trading if their products did not have the claimed benefits.

Is Texaco petrol the same as Shell?

Texaco Or Shell - RogerL. Base unleaded petrol is all the same, it all travels down the UK Oil Pipeline from refineries to distribution depots. Even petrol in different companies tankers is the same, until the additives are added.

Can you buy Shell Optimax at Tesco?

I don't think you can buy Shell Optimax at Tesco! I agree that most of the 'base' petrol is the same but there is a difference in the effect of the additives. Many people have posted saying that Optimax does make a noticeable difference.

Is Optimax better than unleaded?

I would expect marginally better performance / economy from Optimax; as it has a higher octane rating than normal unleaded. Personally I avoid supermarket petrol as it seems to block the idle jet on my Cavalier; problem goes away when I use Shell or BP.

Is octane level legal?

The stating of, and certification of, the Octane level are also legal requirements as is water content.

Is base unleaded petrol the same as total?

Base unleaded petrol is all the same, it all travels down the UK Oil Pipeline from refineries to distribution depots. Even petrol in different companies tankers is the same, until the additives are added. The only exception I've heard about, for base unleaded, is that Total/Fina/Elf is marginally higher octane for some reason. My local Co-op sells Total and my Astra does run smoother on this compared to Asda, Sainsbury's or Morrisons but this is probably just subjective.

Where is Texaco gasoline made?

The company was headquartered in Harrison, New York , near White Plains, prior to the merger with Chevron. Texaco gasoline comes with Techron, an additive developed by Chevron, as of 2005, replacing the previous CleanSystem3. The Texaco brand is strong in the U.S., Latin America and West Africa.

What is Texaco fuel?

Texaco, Inc. ("The Texa s Co mpany") is an American oil brand of the Chevron Corporation. Its flagship product is its fuel "Texaco with Techron " . It also owned the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company. It began as the "Texas Fuel Company", founded in 1902 in Beaumont, Texas, by Joseph S. Cullinan, Thomas J. Donoghue, Walter Benona Sharp, and Arnold Schlaet upon the discovery of oil at Spindletop .

What additives did Texaco use to make their gasoline?

In 1954, the company added the detergent additive Petrox to its "Sky Chief" gasoline, which was also souped up with higher octane to meet the antiknock needs of new cars with high-compression engines. The next year, Texaco became the sole sponsor of The Huntley-Brinkley Report on NBC-TV.

What was the name of the company that merged with Trinidad Leaseholds?

During the war, Texaco ranked 93rd among United States corporations in the value of military production contracts. In 1947, Caltex expanded to include Texaco's European marketing operations. That same year, Texaco merged its British operation with Trinidad Leaseholds under the name Regent; it gained full control of Regent in 1956, but the Regent brand remained in use until 1968-9. In 1954, the company added the detergent additive Petrox to its "Sky Chief" gasoline, which was also souped up with higher octane to meet the antiknock needs of new cars with high-compression engines.

What is Shell's joint venture with Equilon?

In 1999, the company formed the joint venture Equilon with Shell Oil Company, combining their Western and Midwestern U.S. refining and marketing. This gave rise to the 2006 U.S. Supreme Court antitrust case of Texaco Inc. v. Dagher, which cleared both Texaco and Shell of any antitrust liability concerning the pricing of Equilon's gasoline. That same year, another joint venture, Motiva Enterprises, was formed with Shell Oil Company and Saudi Aramco in which the Star Enterprise operations were merged with the Eastern and Gulf Coast U.S. refining and marketing operations of Shell.

What is a super octane gas?

The next year, Texaco introduced Fire Chief gasoline nationwide, a so-called "super-octane" motor fuel touted as meeting or exceeding government standards for gasoline for fire engines and other emergency vehicles. It was promoted through a radio program over NBC hosted by Ed Wynn, called the Texaco Fire Chief .

When did Texaco buy Indian oil?

In 1931 , Texaco purchased Indian Oil Company, based in Illinois. This expanded Texaco's refining and marketing base in the Midwest and also gave Texaco the rights to Indian's Havoline motor oil, which became a Texaco product.

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Overview

Texaco, Inc. ("The Texas Company") is an American oil brand owned and operated by Chevron Corporation. Its flagship product is its fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron Corporation in 2001, at which time most of its station franchises were divested to the Shell Oil Company.

History

Texaco was founded in Beaumont, Texas as the "Texas Fuel Company" in 1902, by Jim Hogg, Joseph S. Cullinan, John Warne Gates, and Arnold Schlaet. On 1 May 1902, the Texas Company was formed from the assets of Texas Fuel assets, and additional capitalization. In 1905, it established an operation in Antwerp, Belgium, under the name Continental Petroleum Company, which it a…

Corporate headquarters

Prior to the merger with Chevron, Texaco's headquarters was a 750,000-square-foot (70,000 m ) building in Harrison, in Westchester County, New York, near to White Plains. In 2002, Chevron Corporation sold the former Texaco headquarters to Morgan Stanley. Morgan Stanley bought the building and the surrounding 107 acres (0.43 km ) for $42 million.
Texaco leased 14 floors of the Chrysler Building in Midtown Manhattan, New York City in the 1930…

In popular culture

A Texaco station at 6407 West Sunset Boulevard in Los Angeles, California was used in the opening scene of Cheech & Chong's Next Movie, where the main characters Cheech and Chong siphon gasoline from a tow truck. A Jack in the Box now stands at that location.
In Back to the Future and Back to the Future Part II, a Texaco station in the center of Hill Valley is shown in 1955, 1985, and 2015.

Sponsorships

Texaco is associated with the Havoline brand of motor oil and other automotive products. It was one of the sponsors of NASCAR with many drivers, such as Davey Allison, Ernie Irvan, Dale Jarrett, Kenny Irwin Jr., Ricky Rudd, Jamie McMurray, Casey Mears, and Juan Pablo Montoya. Texaco recently sponsored the #42 Dodge driven by Montoya. Havoline continuously sponsored a car fro…

Environmental issues

From 1965–1993, Texaco participated in a consortium to develop the Lago Agrio oil field in Ecuador. It has been accused of extensive environmental damage from these operations, and faces legal claims from both private plaintiffs and the government of Ecuador. The case has been widely publicized by environmental activists and is the subject of Crude, a 2009 documentary film by Joe Berlinger. Chevron claims that it is being unfairly targeted as a deep pocket defendant, wh…

Diversification

The NiMH chemistry used in modern hybrid vehicles was invented by ECD Ovonics founder, Stan Ovshinsky, and Dr. Masahiko Oshitani of the Yuasa Company In 1994, General Motors acquired a controlling interest in Ovonics's battery development and manufacturing. On October 10, 2001, Texaco purchased GM's share in GM Ovonics, and Chevron completed its acquisition of Texaco six days later. In 2003, Texaco Ovonics Battery Systems was restructured into Cobasys, a 50/50 join…

See also

• Chevron Corporation
• Caltex – joint venture between Texaco and Chevron, now a major international brand name of Chevron Corporation
• Cobasys

1.Shell Oil Company and Texaco Inc. | Federal Trade …

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