Texaco

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Texaco

logo
legal form Corporation
founding 1901
resolution 2001
Seat Harrison , New York ,United StatesUnited States
Branch oil
Website www.chevrontexaco.de

Texaco was a US petroleum company that merged with Chevron Corporation to become ChevronTexaco in 2001 .

history

Texaco gas station in the Netherlands

After Joseph S. Cullinan and Arnold Schlaet found an oil field (Spindletop) in the southeast of the state of Texas , they founded the Texas Fuel Company in Beaumont (Texas) in 1901 . For several years, Texaco was the only company selling gasoline in all 50 US states.

In the late 1950s, Texaco bought Paragon Oil , a major heating oil distribution company in the northeastern United States. Another expansion of the company came in 1984 with the purchase of Getty Oil (which includes Tidewater Petroleum ). The Getty name and the Northeast US gas stations were sold to Power Test . This acquisition should have consequences, however, as Pennzoil had concluded an unsigned, but nonetheless legally binding takeover agreement with Getty Oil prior to this contract . On November 19, 1985, Pennzoil won the trial in which Texaco was sued for a penalty of $ 10.53 billion. This was the largest civil lawsuit in US history. Texaco then sold holdings in 1988, including Deutsche Texaco AG , in order to refinance the sanctions from the civil lawsuit against Pennzoil.

In 1998 Royal Dutch Shell concluded two joint ventures . Through the cooperation with Equilon , their refining and sales in the west and midwest of the USA were combined, the cooperation with Motiva and Saudi Aramco combined refining and sales in the east of the USA and the Gulf Coast. On October 10, 2000, Texaco bought the patents to manufacture NiMH batteries , which were used to manufacture electric vehicles such as the EV1 and RAV4-EV under California law . Shell bought Texaco's stake in the joint ventures in 2001 to enable Texaco to merge with Chevron . This resulted in ChevronTexaco. In 2004 Shell was able to use the Texaco brand exclusively in the USA - non-exclusively in 2006. ChevronTexaco regained non-exclusive rights to the Texaco brand name in July 2004.

On April 4, 2005, ChevronTexaco took over Unocal for approximately 18 billion US dollars. Shortly afterwards, on May 9, 2005, the company announced that it would again carry the name Chevron .

In Germany

Texaco station in Kempten (Allgäu) , 1960s

Texaco acquired the majority of shares in Deutsche Erdöl-Aktiengesellschaft (DEA) in 1966 . The DEA became the Deutsche Texaco AG , which operated a large network of petrol stations in Germany. The Texaco authorized dealer Präg opened Europe's first self-service petrol station in Lagerlechfeld near Augsburg in 1972 . When RWE AG took over Deutsche Texaco AG in 1988 , the gradual renaming of the Texaco filling stations to DEA began. Today, most of the filling stations belong to Shell .

For some time now there has been a Texaco gas station in Germany again, as part of the Bunderneuland service station on the Dutch A7 . The rest area itself already belongs to Germany, while the motorway passing by and parts of the exit and entrance to the rest area are Dutch territory. Otherwise, ChevronTexaco only sells engine oils in Germany under the Texaco brand.

In Austria

After 1945, the company built a filling station network in what was then the American occupation zone in Austria , especially in the cities of Linz , Wels and Salzburg , but also in the surrounding areas, despite the then still very low motorization rate in Austria. The Texaco petrol stations were the first petrol stations in the modern sense in Austria and the American sales and service system was a minor sensation. Fuels were sold under the American name Gasoline (us for gasoline) and in gallons . After the US occupation troops withdrew in 1955, other companies took over the Texaco filling stations, and the name quickly disappeared from the market.

marketing

The logo consists of a white star inside a red circle. The advertising slogans “ You can trust your car to the man who wears the star ” and “Star of the American streets” (English. You can trust your car to the man who wears the star ) . Star of the American Road ) ”can be traced back to the logo. The best-known slogan in Germany in the 1980s was "Mach 'Station bei Texaco". Texaco was one of the sponsors of the NASCAR racing series from the early 1980s through 2008 .

See also

Web links

Commons : Texaco  - collection of images, videos and audio files

Individual evidence

  1. USA: Tecaco at google.de/books, accessed on May 13, 2016.
  2. The history of the never-for-sale EV1 and RAV4-EV electric cars in California at ev1.org, accessed on May 13, 2016 (English).
  3. Fallen giants at sueddeutsche.de, accessed on May 13, 2016.
  4. When injustice becomes business at amerika21.de, accessed on May 13, 2016.
  5. Mineral oil - a topic in Dithmarschen since 1856 ( Memento of the original from April 2, 2016 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. at heiderefinery.com, accessed May 13, 2016. @1@ 2Template: Webachiv / IABot / www.heiderefinery.com
  6. ^ Petroleum & Coal, Natural Gas, Petrochemical, Volume 34 at books.google.de, accessed on May 13, 2016.
  7. NASCAR fan guide at books.google.de, accessed on May 13, 2016.