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esso.com. Esso ( / ˈɛsoʊ /) is a trading name for ExxonMobil. Originally, the name was primarily used by its predecessor Standard Oil of New Jersey after the breakup of the original Standard Oil company in 1911. [ 1] The company adopted the name "Esso" (the phonetic pronunciation of Standard Oil's initials, ' S ' and ' O '), [ 2] to which ...
Mobil 1, the successor to the Mobiloil brand, is a brand name of Exxon/ESSO Mobil. It was introduced in 1974 as a Multi-grade 5W20 viscosity synthetic motor oil. The brand now includes multi-grade motor oils, oil filters, synthetic grease, transmission fluids, and gear lubricants. [10] The Esso and Exxon motor oil brands have largely been ...
Chevron, with equal partner Singapore Petroleum Company, also owns half of the 285,000 barrels per day (45,300 m 3 /d) Singapore Refining Company (SRC) plant, a complex refinery capable of cracking crude oil. [129] [130] The investment was first made in 1979 when Caltex was a one-third partner.
The petrol station network is largely operated by four incumbent retailers: Shell, ExxonMobil, retailing petrol under the brand Esso, [24] Chevron, retailing petrol under the brand Caltex, and Singapore Petroleum Company, retailing petrol under the brand SPC. [23]
Because neighbouring country Malaysia has cheaper pump prices than Singapore, cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel since 1991 to prevent evading fuel duties, [65] and when filling up in Malaysia, Singaporean-and Thai-registered hybrid and petrol-powered ...
Petron Corporation. Petron Corporation is the largest oil refining and marketing company in the Philippines, [ 4] supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m 3 /d). From the refinery, Petron moves its products mainly by sea to ...
The Platts assessment process determines the value of physical commodities 15–30 days forward for many oil products loading in Singapore. [1]MOPS is an acronym that stands for the Mean of Platts Singapore, and typically refers to any contract mechanism that derives its value by referencing the average of a set of Singapore-based oil price assessments published by Platts.
The company is also a part owner of Singapore Refining Company Pte Ltd which was founded in 1979. [2] In 2004, SPC acquired 50% of BP's interest in the SRC and BP's retail network of 28 stations and LPG business in Singapore. [2] In 2009, SPC was acquired by China's PetroChina from Keppel Corporation and was delisted from the Singapore Stock ...