and ChevronTexaco Global Energy Inc became Chevron Global Energy Inc March 2006: The Techron fuel-additive began to be introduced to 8 countries in Asia Pacific and Africa, including Cambodia, the Philippines and South Africa. Operations , the Caltex brand name is used in 29 countries in the Eastern Hemisphere. Australia 1941 to 2022 Texas Company (later Texaco) products were first sold in Australia in 1900. Texas Company (Australasia) Limited was incorporated in New South Wales in 1918, with operations across Australia and New Zealand. The Caltex brand name began to be used for the first time in Australia when Texas Company (Australasia) Limited changed its name to Caltex Limited five years later on 2 January 1941. Until 1995, Caltex Australia Limited operated though its subsidiary Caltex Oil (Australia) Pty Ltd. During this time, Caltex Australia also acquired Golden Fleece in 1981. It also floated 25% of its shares to the Australian public the same year, the first multinational oil company to do so in Australia. In May 1995, Caltex Oil (Australia) Pty Ltd was merged with its rival Ampol Limited to form Australian Petroleum Pty Ltd, owned equally by Caltex Australia Limited and Ampol's parent Pioneer International. The Caltex brand was also planned to be retired and replaced by Ampol, but this never eventuated. In 1997, Pioneer planned to leave the petroleum industry and sold its 50% share of Australian Petroleum to Caltex Australia, allowing the latter to acquire full ownership and renaming the company to Caltex Petroleum Australia Limited. In exchange, Pioneer received 90 million Caltex Australia shares (33.33% stake), which it later sold through public offering. This resulted in shareholding changes in Caltex Australia, which became 50% owned by Caltex Corporation (and later Chevron Global) and 50% by Australian shareholders. 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. In December 2019, Caltex announced that Chevron had given notice to terminate the licence agreement for the use of the Caltex brand in Australia, effective from 30 June 2020. Caltex Australia was renamed Ampol Limited during the annual general meeting in May 2020. Ampol would have to cease using the licensed Caltex trademarks thirty months ("work-out period") after the termination of the trademark licence agreement (30 June 2020). The first part of the work-out period was an 18-month