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Chevron Corporation
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation. Founded originally in Southern California during the 1870s, the company was then based for many decades in San Francisco, California, before moving its corporate offices to San Ramon, California, in 2001; on August 2, 2024, Chevron announced that it would be relocating its headquarters from California to Houston, Texas. Chevron traces its history back to the second half of the 19th century to small California-based oil companies which were acquired by Standard and merged into St ...
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San Ramon, California
San Ramon (Spanish language, Spanish: ''San Ramón'', meaning "Saint Raymond") is a city in Contra Costa County, California, United States, located within the San Ramon Valley, and east of San Francisco. San Ramon's population was 84,605 per the 2020 United States census, 2020 census, making it the 4th largest city in Contra Costa County, behind Concord, California, Concord, Richmond, California, Richmond and Antioch, California, Antioch. San Ramon is home to the headquarters of Chevron Corporation, The Cooper Companies, Cooper Companies, the West Coast of the United States, West Coast headquarters of AT&T, GE Digital, as well as the San Ramon Medical Center. Major annual events include the Art and Wind Festival on Memorial Day weekend and the Run for Education in October. History The lands now occupied by the City of San Ramon were formerly inhabited by Seunen people, an Ohlone people, Ohlone/Costanoan group who built their homes near creeks. Sometime around 1797, they were ...
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Standard Oil
Standard Oil Company was a Trust (business), corporate trust in the petroleum industry that existed from 1882 to 1911. The origins of the trust lay in the operations of the Standard Oil of Ohio, Standard Oil Company (Ohio), which had been founded in 1870 by John D. Rockefeller. The trust was born on January 2, 1882, when a group of 41 investors signed the Standard Oil Trust Agreement, which pooled their securities of 40 companies into a single holding agency managed by nine trustees. The original trust was valued at $70 million. On March 21, 1892, the Standard Oil Trust was dissolved and its holdings were reorganized into 20 independent companies that formed an unofficial union referred to as "Standard Oil Interests." In 1899, the ExxonMobil, Standard Oil Company (New Jersey) acquired the shares of the other 19 companies and became the holding company for the trust. Jersey Standard operated a near monopoly in the American oil industry from 1899 until 1911 and was the largest corp ...
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Petroleum
Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring unprocessed crude oil, as well as to petroleum products that consist of refining, refined crude oil. Petroleum is a fossil fuel formed over millions of years from anaerobic decay of organic materials from buried prehistoric life, prehistoric organisms, particularly planktons and algae, and 70% of the world's oil deposits were formed during the Mesozoic. Conventional reserves of petroleum are primarily recovered by oil drilling, drilling, which is done after a study of the relevant structural geology, sedimentary basin analysis, analysis of the sedimentary basin, and reservoir characterization, characterization of the petroleum reservoir. There are also unconventional (oil & gas) reservoir, unconventional reserves such as oil sands and oil sh ...
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Hydrocarbon Exploration
Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for hydrocarbon deposits, particularly petroleum and natural gas, in the Earth's crust using petroleum geology. Exploration methods Visible surface features such as oil seeps, natural gas seeps, pockmarks (underwater craters caused by escaping gas) provide basic evidence of hydrocarbon generation (be it shallow or deep in the Earth). However, most exploration depends on highly sophisticated technology to detect and determine the extent of these deposits using exploration geophysics. Areas thought to contain hydrocarbons are initially subjected to a gravity survey, magnetic survey, passive seismic or regional seismic reflection surveys to detect large-scale features of the sub-surface geology. Features of interest (known as ''leads'') are subjected to more detailed seismic surveys which work on the principle of the time it takes for reflected sound waves to travel ...
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Vertical Integration
In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different Product (business), product or (market-specific) service, and the products combine to satisfy a common need. It contrasts with horizontal integration, wherein a company produces several items that are related to one another. Vertical integration has also described management styles that bring large portions of the supply chain not only under a common ownership but also into one corporation (as in the 1920s when the Ford River Rouge complex began making much of its own steel rather than buying it from suppliers). Vertical integration can be desirable because it secures supplies needed by the firm to produce its product and the market needed to sell the product, but it can become undesirable wh ...
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Successors Of Standard Oil
Following the 1911 Supreme Court ruling that found Standard Oil Company was an illegal monopoly, the company was broken up into 39 different entities, divided primarily by region and activity. Many of these companies later became part of the Seven Sisters, which dominated global petroleum production in the 20th century, and became a majority of today's largest investor-owned oil companies, with most tracing their roots back to Standard Oil. Some descendants of Standard Oil were also given exclusive rights to the Standard Oil name. Today, many of Standard Oil's 39 successor entities play roles in the oil industry, either on their own or through being acquired by other companies. Standard Oil of New Jersey, the controlling division of Standard Oil at the time of the 1911 breakup, continues to exist as ExxonMobil, formed from the merger of it and Standard Oil of New York. BP has also acquired many Standard Oil descendants, most notably Standard Oil of Ohio and Amoco (Standard Oil ...
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List Of Oil Exploration And Production Companies
The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production. The list is in alphabetical order by continent and then by country. This list does not include companies only involved in refining and marketing. See also * List of largest oil and gas companies by revenue * List of oilfield service companies This is a list of oilfield service companies – which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists o ... References {{DEFAULTSORT:Oil Exploration And Production Companies, List Of Lists of energy companies Oil companies Oil exploration Oil exploration ...
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Gulf Oil
Gulf Oil was a major global oil company in operation from 1901 to 1985. The eighth-largest American manufacturing company in 1941 and the ninth largest in 1979, Gulf Oil was one of the Seven Sisters (oil companies), Seven Sisters oil companies. Prior to its merger with Chevron Corporation, Standard Oil of California, Gulf was one of the chief instruments of the Mellon family fortune; both Gulf and Mellon Financial had their headquarters in Pittsburgh, Pennsylvania, with Gulf's headquarters, the Gulf Tower, being Pittsburgh's tallest building until the completion of the U.S. Steel Tower. Gulf Oil Corporation (GOC) ceased to exist as an independent company in 1985, when it merged with Chevron Corporation, Standard Oil of California (SOCAL), with both rebranding as Chevron Corporation, Chevron in the United States. Gulf Canada, Gulf's main Canadian subsidiary, was sold the same year with retail outlets to Ultramar and Petro-Canada and what became Gulf Canada Resources to Olympia an ...
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Gear Oil
Gear oil is a lubricant made specifically for transmissions, transfer cases, and differentials in automobiles, trucks, and other machinery. It has high viscosity and usually contains organosulfur compounds. Some modern automatic transaxles (integrated transmission and differential) do not use a heavy oil at all but lubricate with the lower-viscosity hydraulic fluid, which is available at pressure within the automatic transmission An automatic transmission (AT) or automatic gearbox is a multi-speed transmission (mechanics), transmission used in motor vehicles that does not require any input from the driver to change forward gears under normal driving conditions. The 1904 .... Gear oils account for about 20% of the lubricant market. Most lubricants for manual gearboxes and differentials contain extreme pressure (EP) additives and antiwear additives to cope with the sliding action of hypoid bevel gears. Typical additives include dithiocarbamate derivatives and sulf ...
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Techron
Techron is a patented list of gasoline additives, fuel additive developed by Chevron Corporation and sold in its fuel operations (including Texaco and Caltex). It contains polyether amine (PEA) and polybutene amine (PBA), which are detergent additives purported to dissolve deposits in automotive engines and prevent them from building up. Chevron released Techron as an additive in 1981, and began including it in all of their gasoline products in 1995. It is still available as a concentrate today. The Chevron Cars that debuted in 1995 were used to advertise the additive. Components Techron consists of five components: # Petroleum distillate, Distillates, hydrotreated light at 40-70% weight # Stoddard solvent at 15-40% weight # Solvent naphtha (petroleum), light aromatic at 5-10% weight # 1,2,4-trimethylbenzene at 1-5% weight # Polyetheramines, Polyetheramine (PEA) (detergent), polyether amines at 20-49% weight Predecessor "Techroline" was the predecessor to Techron. The compan ...
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Havoline
Havoline ( ) is a motor oil brand currently commercialized by Chevron Corporation, Chevron. The brand had been previously owned by Texaco (since 1931), until the company was acquired by Chevron in 2001. History First introduced in 1904, the Havoline motor oil brand was named by Havemeyer Oil Company of New York. In 1906 the Havoline Oil Company separated from the Havemeyer Oil Company. In May 1909, It was bought by the Indian Refining Company, and registered as an official product of the company but kept the logo. By 1910, the Indian Refining Company already had the Havoline oil manufactured. To boost sales & advertise the product they offered to fuel the first plane to fly coast to Coast. Over 300 auto makers wanted it. In 1915 due to over production they had to halt operations. In 1931 it once again changed hands when the Texas Oil company (now Texaco) bought the Indian Refining Company. In 1946 a breakthrough in technology improved Havoline. In 1962 they changed the logo, ...
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Caltex
Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. Headquartered in Singapore, it is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously Australia and South Africa) under a trademark licensing agreement with Chevron. Caltex was also the name of the joint venture between Chevron and Texaco which used the Caltex brand name in its operations, until both parent companies merged in 2001 to form ChevronTexaco (later renamed simply to Chevron in 2005). The joint venture was created on 30 June 1936 as California Texas Oil Company Limited, a wholly owned subsidiary of the Bahrain Petroleum Company and was a holding company owning the shares of 5 Texaco marketing subsidiaries: ''The Texas Company (Australasia, China, India, Philippine Islands, South Africa) Ltd.''. In exchange Texaco was awarded a 50% stake in BAPCo. This was followed by Texaco gaining a ...
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