1936Caltex is born. Our journey begins with the merger between US oil companies, Socal and The Texas Co.
One company had the oil, the other had the markets. On June 30, 1936, California Texas Oil Co., Ltd. (Caltex) is created as a joint and equal venture between Standard Oil Co. (Socal, later Chevron) of California and The Texas Co. (Texaco). The Texaco Star is already a hallmark of quality, service and reliability. Therefore, the Caltex logo – comprising a red star intersected by the word “CALTEX” in black letters – is only a subtle departure from the Texaco logo of that time.
1937As we develop our markets, we achieve gasoline shares of at least 16 per cent in Australia, New Zealand, the Philippines and China with the first-year gross revenue reaching USD4.8 million
We also add fuel oil and diesel fuel bulk terminals in Singapore, Colombo, Shanghai, Suez, Hong Kong and Durban, and open or renovate hundreds of service stations.