Singapore
highlights of operations
Singapore plays a critical role in Chevron’s global operations.
Singapore is the regional headquarters for our Downstream operations in Asia, including our manufacturing, marketing and lubricants businesses. We operate under our subsidiary Chevron Singapore Pte. Ltd. Chevron’s supply and trading business has a regional trading hub in Singapore.
Our lubricant additives manufacturing facility in Singapore, operated by Chevron Oronite Pte. Ltd., is the largest in the region. In addition, Chevron has a 50 percent interest in a Singapore refinery that produces petroleum products for Asia-Pacific. Through our joint venture Chevron Phillips Chemical Company LLC and its affiliates, Chevron also has an interest in Chevron Phillips Singapore Chemicals (Private) Limited.
The Caltex® brand, which serves customers in Asia, is managed from Singapore. There is a network of Caltex service stations and convenience stores in Singapore as well.
business portfolio
In Singapore, Chevron’s International Products business unit manages all of our Downstream fuels businesses and joint ventures outside the Americas. That includes commercial and retail merchandising, marketing, terminal operations, and the promotion and sale of Caltex fuels in Asia and the Middle East. The organization also directs Chevron’s joint-venture manufacturing in Asia and joint-venture aviation activities in the Middle East.
refining
Chevron has a 50 percent interest in the Singapore Refining Company (SRC).
The SRC refinery processes up to 290,000 barrels of crude oil per day, producing liquefied petroleum gas, gasoline, jet fuel, diesel, fuel oil and asphalt. Recent upgrades have enabled the refinery to produce higher-value gasoline that meets stricter emission standards.
supply and trading
Chevron’s Singapore Supply and Trading office is home to one of the company’s four global trading floors, along with London; Houston, Texas; and San Ramon, California. The organization manages daily commodity transactions of 5 million barrels of liquids and 5 billion cubic feet of gas.
marketing and lubricants
The Caltex® brand – Chevron’s main marketing brand in Asia – is managed from Singapore.
Chevron offers Caltex products, including Caltex gasoline with Techron® and Caltex Diesel with Techron D®, to consumers in Singapore. Through our Caltex stations and distributors, we also market Delo® and Havoline® lubricants and coolants, along with other lubricating oils and greases, to consumer and business customers. In addition, Havoline® engine lubricants and coolants for passenger cars and motorcycles and Delo® diesel engine oils, greases, other lubricating oils and Techron® Concentrate Plus fuel additives are marketed to consumer, commercial and industrial customers.
Chevron has 25 Caltex service stations, 24 Star Mart convenience stores and one mini mart in Singapore. In 2016, Chevron partnered with NTUC Link to join the Plus! loyalty program, which enables motorists to earn and use LinkPoints for eligible fuel transactions at Caltex stations.
In September 2018, Chevron introduced Singapore’s first fuel payment app that offers Caltex’s fastest and easiest mode of payment. Aptly named CaltexGO, the mobile payment app delivers an alternative, hassle-free refueling experience from the comfort of the motorist’s car. The integrated app helps consumers easily locate a service station and enjoy automatic loyalty LinkPoints collection, exclusive mobile offers and electronic receipts at their fingertips.
Chevron Singapore which operates the retail brand Caltex was recognized by the Building and Construction Authority in January 2020 as the first Company to launch a petrol station at Caltex Jurong Spring in Singapore. The petrol station has been awarded a BCA Green Mark Platinum (Super Low Energy) certificate – one of the highest sustainable building accolades by Building and Construction Authority (BCA). Designed to meet the fueling needs of its neighborhood with less environmental impact, the petrol station harnesses renewable solar energy, features greater efficiency in water resources management, and is expected to deliver total energy savings equivalent to powering almost 30 Singaporean households, per annum. In March 2021, SP Group and Chevron Singapore partnered to offer fast charging for electric vehicles at four Caltex service stations. These Caltex service stations are equipped with 50kW direct current (DC) fast chargers versus the more commonly available alternating current (AC) chargers.
Chevron Singapore launched the Caltex Carbon Offset Programme in March 2022. Customers enrolled in the Caltex loyalty program can choose to opt-in and use their loyalty points earned from their fuel purchase to offset a portion of the greenhouse gas (GHG) emissions from the combustion of the fuel purchased when they make payment for their fuel purchases via the CaltexGO app.
Chevron also markets asphalt and fuels to inland industrial and commercial customers.
Chevron is a major aviation fuel supplier in Singapore. We safely supply jet fuel to airlines at Singapore Changi International Airport.
From Singapore, we also market marine fuels and lubricants to customers in Asia.
energy transition partnerships
In July 2020, Chevron, Keppel Data Centres, Pan-United and Surbana Jurong with the support of the National Research Foundation, signed a Memorandum of Understanding (MOU) to jointly develop the first end-to-end decarbonisation process in Singapore. Under the MOU, Keppel Data Centres, Chevron, Pan-United and Surbana Jurong will jointly explore, identify and develop mature carbon capture technologies, coupled with novel technologies that utilise cryogens, membranes and hydrogen. The four companies will also leverage the combined resources, knowledge and capabilities with other research partners, Institutes of Higher Learning and international partners to advance the development of carbon capture, utilization, and sequestration (CCUS) technologies. The collaboration will foster efforts to build a lower-carbon economy, through accelerating the development of CCUS projects.
In November 2021, Pavilion Energy Trading & Supply Pte. Ltd., Qatar Energy and Chevron U.S.A. Inc (Singapore branch) announced that they have jointly published a greenhouse gas reporting methodology to produce a statement of greenhouse gas emissions (SGE) for delivered LNG cargoes. Intended for wide adoption, the methodology provides a calculation and reporting framework for GHG emissions from wellhead-to-discharge terminal, based on industry standards. The SGE Methodology aims to create a common standard for the measurement, reporting and verification of the GHG emissions associated with producing and delivering an LNG cargo to drive greater transparency and enable stronger action on GHG reduction measures.In April 2022, Chevron announced an agreement to join the Global Centre for Maritime Decarbonisation (GCMD) in Singapore, a nonprofit organization working to eliminate GHG emissions in the maritime industry. Chevron’s involvement aims to help support GCMD’s efforts to develop potentially scalable lower carbon technologies – including those that enable the use of ammonia as a maritime fuel – and the commercial means to enable their adoption.
chemicals
Chevron Oronite
Singapore is the Asia-Pacific regional headquarters for our subsidiary Chevron Oronite Pte. Ltd. Our Singapore manufacturing plant on Jurong Island is the largest additives manufacturing facility in the Asia-Pacific region. Our additives enhance the performance of lubricants in marine, automotive, railroad and natural gas engines as well as in specialty industrial engines and equipment. Additives from our Singapore plant are sold in more than 15 countries throughout the region and are shipped to distribution points worldwide.
The plant has continued to expand since its commissioning in 1999, and in November 2017, a new carboxylate plant was commissioned. Carboxylate is a sulfur-free detergent used in high-performance additive packages. When combined with a similar unit in Gonfreville, France, Oronite’s global carboxylate capacity approximately doubled following the completion of this project.
Chevron Phillips Chemical Company LLCChevron is involved in a chemical facility in Singapore through our joint venture Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical).
Chevron Phillips Chemical has a 50 percent interest in Chevron Phillips Singapore Chemicals (Private) Limited, a joint venture that operates a high-density polyethylene (HDPE) manufacturing plant on Jurong Island. HDPE is used in pressure piping, gasoline containers and tanks, and soap and detergent bottles, among other things.
in the community
Chevron’s education initiative, Fuel Your School, has been adapted for Singapore since 2015. The local initiative aims to support learning-based programs that help students acquire new knowledge, gain new skills and be exposed to diverse ways of thinking.
In 2018, Chevron worked with Science Centre Singapore to develop Caltex Fuel Your School – Tech Jam. The program was designed to offer students aged 11 to 16 an accessible form of coding and robotics to spark an interest in science, technology, engineering and mathematics (STEM) subjects. With the help of industry mentors, some 888 students successfully transformed electronic waste into quirky robots controlled by a mobile app. A total of 20 students who demonstrated an interest in and an aptitude for STEM also returned for a Hackathon Experience Program with the Science Centre at year-end. Additional hardware support was generously contributed by new partner Info-communications Media Development Authority, Singapore (IMDA). E-waste was donated by members of the public.
Chevron employees also apply their skills, experience and energy in volunteer activities that help strengthen the communities in which we operate. This includes support to many different types of projects in the community, such as preparing meals at the local soup kitchen, supporting food aid causes, and helping students appreciate STEM education. In 2018, employees and family members contributed more than 450 volunteer hours toward the support of more than 6,000 beneficiaries across Singapore through our local community partners.
In 2020 and 2021, Chevron raised a total of S$230,000 after matching the employees’ donation dollar for dollar. The fundraiser benefitted organizations including the Migrant Workers’ Assistance Fund, Asian Women’s Welfare Association and Singapore Association for Mental Health.
Chevron sponsored S$30,000 in June 2022 to support the National Taxi Association and National Private Hire Vehicles Association COVID-19 temporary relief scheme. The scheme supports drivers who are impacted by COVID-19.
record of achievement
In 1933, Chevron entered the Singapore market through The Texas Company (China) Ltd., a former Texaco company. In 1936, a partnership between Chevron and Texaco created the Caltex® brand. In 1937, Caltex introduced its first fuel oil and diesel fuel bunkering terminals. Operations started at the Tanjong Pagar Terminal in 1938. Caltex significantly expanded operations in 1958 with the addition of another bunkering terminal. In 1964, a lubricants blending plant was built in Tanjong Penjuru.
Texaco merged with Chevron in 2001.
Today, the 60-year-young Penjuru Terminal functions as a hub for transportation fuels, base oil, marine and finished lubricants supply. It is one of the largest terminals in the Chevron network supporting many markets across Asia, Penjuru Terminal also leads the digital transformation journey for Chevron’s lubricants supply chain. Some of the facility’s digital innovations include systems that deliver enhanced transparency and coordination between plant operations and laboratories, eliminating paper processes with real-time reporting tools and automating repetitive activities.
introducing lubricant additives
In 1972, Chevron Oronite opened a sales office in Singapore for Oronite® additives. In 1995, Singapore became the Asia-Pacific regional hub for Oronite.
In 1999, we built our Singapore manufacturing plant, the largest lubricant additives manufacturing plant in Asia.
a leader in refining
In 1979, Chevron, through Caltex, became a one-third partner in Singapore Refining Company.
The partners upgraded the refinery in the 1980s by adding visbreaker, reformer and hydrocracking units, which greatly increased the refinery’s capacity and enabled it to meet changing demands in the market.
In 1995, the refinery was further upgraded at a cost of $1 billion. A residual fluid cracking unit and other associated facilities were installed, which increased production of gasoline and diesel.
Singapore became the regional headquarters for Chevron’s Asia-Pacific Downstream operations in 2001.
The refinery’s crude oil processing capacity continued to grow steadily. In 2004, Chevron’s interest in SRC increased to 50 percent.
In 2018, SRC completed its new gasoline clean fuels facility and cogeneration plant. This $500 million project enhanced SRC’s clean fuels capability, resulting in greater energy efficiency, higher-quality products and reduced sulphur oxide emissions.
From 2013 to 2016, Singapore was headquarters for the company’s Asia-Pacific exploration and production operations.
operational excellence
As a business partner and as a member of the community, Chevron is committed to creating superior value for our investors, customers and partners, the Singapore government, local communities, and our workforce.
Operational excellence – which we define as the “systematic management of process safety, personal safety and health, environment, reliability, and efficiency to achieve world-class performance” – is a critical driver for business success and a key part of our enterprise execution strategy.
honored in the business community
We and our affiliates have made significant contributions to Singapore as investors and employers for more than 80 years.
Our commitment to Singapore was recognized by the Economic Development Board in 2005, when Chevron received the Distinguished Partner in Progress Award for our commitment to developing Singapore’s manufacturing industry and for our contributions to the people and economy of Singapore.
In 2009 and 2010, Chevron Singapore was recognized for our human resources (HR) initiatives. The Singapore Human Resources Institute honored Chevron with the following awards:
- Leading HR Practices Award in Strategic HR
- Talent Management
- Retention and Succession Planning
- Employment Relations and People Management
- Health and Employee Wellness
- Workplace Safety and Health
- Learning and Human Capital Development
In 2010, Chevron won the Grass Roots Asia Pacific Award for Best Reward and Recognition Strategies at the HRM Awards Singapore.
Chevron Singapore and Chevron Oronite are recognized as Human Capital Partners (HCP) for our progressive workplace practices. The HCP program is awarded by invitation only, and represents a tripartite initiative by the Ministry of Manpower and the Singapore National Employers Federation and National Trades Union Congress, in partnership with economic and sector agencies, managed by the Tripartite Alliance for Fair and Progressive Employment Practices. The recognition is a testament to our long-term commitment to growing talent.
In an independent research commissioned by The Straits Times, Chevron was ranked at 28th position of The Singapore’s Best Employers 2021 survey.
contact
Chevron Singapore Pte Ltd
3 Fraser Street #12-28
DUO Tower
Singapore 189352
Telephone: +65.6318.1000
Media Relations: Chevron Singapore – Corporate Affairs
Caltex Fuels & Lubricants: Contact us in Singapore
Employment Opportunities: Careers at Chevron
Data Protection: Chevron Singapore - Data Protection
Chevron Oronite Pte Ltd
21 Sakra Road
Singapore 627890
Telephone: +65.6263.2601
CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This website contains forward-looking statements relating to Chevron’s operations that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this website. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for our products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions; changing refining, marketing and chemicals margins; the company’s ability to realize anticipated cost savings, expenditure reductions and efficiencies associated with enterprise transformation initiatives; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; technological developments; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during extended periods of low prices for crude oil and natural gas during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company's ability to achieve the anticipated benefits from the acquisition of Noble Energy, Inc.; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to pay future dividends; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 18 through 23 of the company's 2020 Annual Report on Form 10-K and in other subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this website could also have material adverse effects on forward-looking statements.