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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.
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