From there, the steel was transported across the desert to the fields, where the pipeline was finally completed in September 1950.In the postwar period, the company built on its position as a major supplier of petrochemicals by developing a wide array of new products.After the U.S. government gave Socal special priority to build the nation's first synthetic detergent plant in 1945, the company had a solid footing to produce a wide array of industrial chemicals such as detergents, plastics and synthetic fabrics.In 1951, the company created the Oronite Chemical Co. to market a growing output of petrochemicals. The global restructuring of the company’s downstream and chemical business has delivered greater value from a more tightly focused portfolio. Socal invested more than $9 million to boost production of synthetic toluene – the second “T” in TNT.
Malo Project in the U.S. Gulf of Mexico. organizations to promote economic growth, reduce HIV transmission rates, and empower women. This file contains additional information such as Exif metadata which may have been added by the digital camera, scanner, or software program used to create or digitize it. Based on a long affiliation with Texaco dating back to the 1936 formation of a joint-venture company, Caltex, Chevron rated Texaco high as a potential merger partner. The first logo contained the company name against a backdrop of wooden derricks set among the Santa Susana Mountains that loomed over Pico Canyon.
And by 1919, Standard’s production had grown to more than one-quarter of the state’s total.Casting aside his original misgivings about the value of science in exploration, Hillman soon built a strong staff of geologists under the leadership of Eric Starke. The joint venture, which became known as the California Texas Oil Company, or Caltex, melded the company’s Middle Eastern exploration and production rights with Texaco’s extensive marketing network in Africa and Asia.Though it began as a modest operation with a single “teapot” refinery, a piecemeal transportation system, and fuel and lubricant sales of just 22,500 barrels a day, Caltex would emerge as a major international marketer and refiner with operations in some 60 countries in the years following World War II.The joint-venture partners also agreed to share exploration rights in Central Sumatra, Java and Dutch New Guinea, which had been granted to Socal in 1935. The first logo contained the company name against a backdrop of wooden derricks set among the Santa Susana Mountains that loomed over Pico Canyon. Chevron Phillips Chemical is one of the world's top producers of ethylene and polyethylene and a leading supplier of aromatics, styrenics, specialty chemicals, plastic pipe and other polymers. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. At the Richmond Refinery in 1965, the company launched the world’s largest Isomax hydrocracking complex, which converted heavy petroleum oils to light stocks used to make gasoline and other products.In 1969, Standard completed a 150,000-barrel-a-day expansion of its refinery at Pernis in the Netherlands, and a year later brought onstream a new 250,000-barrel-a-day refinery at Freeport in the Bahamas. From 2010 through 2015, Chevron ranked #1 or #2 among its peers in earnings per barrel and return on capital employed. Founded in 1971, the ADNOC ...
(Chevron Photo)Divested from its parent company in 1911, Standard Oil Co. (California) had strong financial discipline, an impressive product line, marketing savvy, a growing refining system, a flexible marine fleet and an extensive pipeline network. That same year, salaried employees were given two-week vacations. 1 producer in California. After forming a corporate Mergers and Acquisitions group in January 1998, Chevron began evaluating other companies that might best complement its own. The first emblem featured a double helical gear embedded into an oval frame. Throughout the early decades of the 20th century, the company’s quality product line successfully served the U.S. West Coast market. Through acquisition of Gulf properties, Chevron made major discoveries from the Alba Field in the North Sea to the Kutubu and Iagifu fields in Papua New Guinea.