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History of Texaco in the U.K.
Texaco’s links with the U.K. go back almost 100 years when the first products went on sale. Since then it has continued to grow and develop. Below are just some of its milestones.
Foundations
1916: The American Texaco Petroleum Products Company arrives in the U.K.
1947: Texaco Petroleum Products and Trinidad Leaseholds merge to form the Regent Oil Company, the forebear of Texaco in the U.K.
Growth
1950s: Regent survives the Suez Crisis and expands into branded gasoline for the U.K. market, and shipping and refining abroad.
1964: Texaco’s Pembroke refinery is opened by Queen Elizabeth, the Queen Mother.
1967: Texaco takes full ownership of Regent and the Texaco logo becomes prominent across the U.K. service-station network.
Consolidation
1980s: The company opens a chemicals plant and customer service center and launches the Texaco Star service station brand.
2000: Chevron Corporation and Texaco Inc. announce a merger that will create ChevronTexaco Corporation.
2001: Chevron and Texaco complete their merger following stockholder approval of both companies.
2005: ChevronTexaco becomes the Chevron Corporation
2011: Valero Energy Corporation, through Valero Energy Ltd, acquires the network of more than 1,000 Texaco-branded wholesale sites in the U.K. and Ireland, and retains the Texaco name.
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