Facts & Figures - History

Chevron's History in the UK

Chevron’s links with the UK go back more than 80 years when the first of the company’s products went on sale. Since then it has continued to grow and develop. Below are just some of the milestones.

Foundations

  • 1916: The American Texaco Petroleum Products Company arrives in the UK.

  • 1947: Texaco Petroleum Products and Trinidad Leaseholds merge to form the Regent Oil Company, the forebear of Texaco in the UK.

Growth

  • 1950s: Regent survives the Suez Crisis and expands into branded petrol for the UK market, and shipping and refining abroad.

  • 1964: Drilling for oil begins in the UK sector of the North Sea. Texaco’s Pembroke refinery is opened by Elizabeth, the Queen Mother.

  • 1967: Texaco takes full ownership of Regent and the Texaco logo becomes prominent across the UK service station network.

  • 1975: The Tartan field is discovered east of Shetland and first oil comes ashore in 1981, making it one of the UK’s earliest producing oil fields.

Consolidation

  • 1980s: The company opens a chemicals plant and customer service centre and launches the Texaco Star service station brand.

  • 1984: The company adds to its North Sea reserves through the acquisition of Getty Oil by Texaco Inc.

  • 2000: Chevron Corporation and Texaco Inc announce a merger that will create Chevron Corporation.

  • 2001: Chevron Corporation and Texaco Inc complete their merger following stockholder approval of both companies. Chevron enters the global marketplace as the second largest US-based energy company and the fifth largest in the world.

  • The Texaco brand today: Today there is a network of around 1,300 Texaco-branded service stations and main UK downstream offices in London and Swindon and the Chevron refinery in Pembroke.

Back to Home