OIL PRICE HIKE

OIL PRICE HIKE.

SHELL. PTT STATION. PETRON. CALTEX. Philippines, California etc..

[Audio] PETRON CORPORATION DETAILS Petron Corporation is the largest oil refining and marketing company in the Philippines, 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. Petron is one of Big 3 player Oil Company with Caltex and Shell Petron Company is under Sanmiguel Corporation in supervision of Mr. Ramon the ( CEO). HISTORY in 1964 esso launched it's pioneering Esso Extra Gasoline and Esso Gasul and in 1973 at extreme point of the energy crisis, Esso was purchased and became part of PNOC to ensure the country's supply security. year 2009 when Petron became part of the country's largest conglomorate, San Miguel Corporation. 1998 when Petron decided to change their logo..

[Audio] CALTEX PETROLEUM CORP. DETAILS Caltex is a petroleum brand name of Chevron Corporation used in 29 countries in the Asia-Pacific region, the Middle East, and Southern Africa. HISTORY 1949– 66 Caltex builds or has interest in new refineries in 20 countries. 1967 European interests transferred to Chevron and Texaco. 1968 Caltex enters Korean market. 1981– 83 Acquisitions strengthen position in Hong Kong, Thailand, the Philippines and Australia. 1982 Caltex corporate headquarters move to Dallas, Texas. 1998 Caltex relocates corporate center to Singapore. 1998 Caltex reorganizes along functional business lines. 1999 Caltex changes name to Caltex Corporation..

[Audio] SHELL OIL COMPANY DETAILS Shell USA, Inc. (formerly Shell Oil Company, Inc.) is the United States-based wholly owned subsidiary of Shell plc, a transnational corporation " oil major" of Anglo- Dutch origins, which is amongst the largest oil companies in the world approximately 80,000 Shell employees are based in the U.S. Shell US, including its consolidated companies and its share in equity companies, is one of America's largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers HISTORY In 1997, Shell and Texaco entered into two refining/marketing joint ventures. One combined their Midwestern and Western operations and was known as Equilon. The other, known as Motiva Enterprises, combined the Eastern and Gulf Coast operations of Shell Oil and Star Enterprise, itself a joint venture between Saudi Armco and Texaco. After Texaco merged with Chevron in 2001, Shell purchased Texaco's shares in the joint ventures..

[Audio] In 2002, Shell began converting these Texaco stations to the Shell brand, a process that was to be completed by June 2004 and was called "the largest retail re-branding initiative in American business history. In the year 2016, Shell Nederland Raffinaderij BV ( Shell Pernis) said that it has started a new aromatics unit at the large Pernis refinery in Rotterdam, Netherlands. In recent years The Shell Oil Company's Midstream, and Downstream, in particular, have become limited to petroleum, and chemical products. This has come as a result of Royal Dutch Shell breaking off its Natural Gas and power businesses into a new segment named Integrated Gas. The Shell Oil Company's former Natural Gas, and energy divisions are now. Shell Energy North America, a closely integrated, but a distinctive entity that runs across North America and is headquartered out of Houston..

[Audio] PTT PUBLIC COMPANY LIMITED DETAILS PTT Public Company Limited or simply PTT ( Thai: uSan stat-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls HISTORY PTT is the largest corporation in the country and also the only company from Thailand listed in Fortune Global 500 companies. The company ranks 81st among top 500 on the Fortune 500, and 180 on the Forbes 2000.[ 5][ 6] PTT was founded in 1978 (as Petroleum Authority of Thailand) as a state-owned enterprise, under Prime Minister General Kriangsak Chomanan's government. It was formed by a coupling between Thai Fuel Organization (Thai: องค์การเชื้อเพลิง) under Defense Energy Department and Thai Natural Gas Organization (Thai: องค์การก๊าซธรรมชาติแห่งประเทศไทย) under Ministry of Industry..

[Audio] our group chose and entitled our report: Oil Price Hike, we chose this as our title due to the current conflict or misunderstanding between the two countries Russia and Ukraine, as it affects the increasing price of petroleum products..