![]() Caltex Australia was renamed Ampol Limited during the annual general meeting in May 2020. In December 2019, Caltex announced that Chevron had given notice to terminate the licence agreement for the use of the Caltex brand in Australia. In 2015, Chevron sold its 50 per cent stake in Caltex Australia (the deal valuing the company at AU$9.24 billion), but allowing Caltex Australia to continue using the Caltex brand. Until 2015, Caltex Australia was owned 50% by Chevron, and 50% by Australian shareholders. Caltex acquired full ownership of Australian Petroleum in 1997 and the merged company was renamed Caltex Australia Limited in 1997. Caltex Oil (Australia) Pty Ltd merged with its rival Ampol in May 1995 to form Australian Petroleum Pty Ltd. Ĭaltex operated in Australia for another 54 years as Caltex Oil (Australia) Pty Ltd, during which it opened its Kurnell refinery in 1956. The Caltex brand name began to be used for the first time in Australia in 1941. Texas Company Australasia Limited was incorporated in New South Wales in 1918. Texaco products were first sold in Australia in 1900.
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