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62-591: Petron's history dates back to September 7, 1933, when Socony-Vacuum Oil Company (Standard Oil of New York) and Standard Oil of New Jersey (also known as Jersey Standard) merged their interests in the Far East into a 50–50 joint venture named the Standard Vacuum Oil Company (Stanvac). It operated in 50 countries, including the Philippines, New Zealand , China , and the region of East Africa . In 1953,

124-746: A Certificate of Ancestral Domain Title (CADT) Land, which is the ancestral domain of the Aeta people . Subic Freeport's population of at least 6,000 people is concentrated in the Kalayaan and Binictican areas. Portions of the Subic Freeport area form part of a formally recognized ancestral domain of the Aetas , an indigenous ethnic group living in the area prior to its usage as a US military base. A significant Aeta settlement in Subic

186-569: A name with a nearby town, it covers portions of Olongapo and the town of Subic in Zambales , and Hermosa and Morong in Bataan . It covers a total area of 67,452 hectares (166,680 acres), but the 14,000 hectares (35,000 acres) area that is secured and fenced hosts much of the development. This area is referred to as the Subic Bay Freeport Zone and out of this area 2,800 hectares (6,900 acres)

248-647: A new corporate campus in Spring, Texas . Mobil continues to operate as a major brandname of ExxonMobil within the ExxonMobil Fuels, Lubricants & Specialties division. Many of its products feature the Mobil symbol of a red winged horse, Pegasus , which has been a company trademark since its affiliation with Magnolia Petroleum Company in the 1930s. The Mobil brand now mainly covers a wide range of automotive, industrial, aviation and marine lubricants. For historic reasons,

310-614: A number of multinational oil companies which establishing operations in New Zealand. Among these competitors was the Atlantic Union Oil Company, another of the companies from which ExxonMobil is descended. Atlantic Union was bought by the New Jersey–based Standard Oil Company, which would later become Exxon, and its eastern hemisphere interests were merged with those of Socony-Vacuum Oil Company to create

372-577: A payment of stock in Exxon. Mobil continues as a brand name within the combined company, as well as still being a gas station sometimes paired with its own store or On the Run . Mobil's brand name is primarily used to market motor oils, such as Mobil 1 . The former Mobil headquarters in Fairfax County, Virginia , was used as ExxonMobil's downstream headquarters until 2015 when ExxonMobil consolidated employees into

434-789: A required tender offer to other shareholders. By July 2008, Ashmore, through its SEA Refinery Holdings B.V., had a 50.57 percent of Petron's stock. Ashmore's payment was made in December 2008. In December 2008, Ashmore acquired PNOC's 40% stake. In the same month, San Miguel Corporation (SMC) said it was in the final stages of negotiations with the Ashmore Group to buy up to 50.1 percent of Petron. In 2010, SMC acquired majority control of Petron Corporation. In January 2013, Petron officially opened their Malaysian operations, rebranding all Esso and Mobil stations across Peninsular Malaysia . On November 9, 2021, SMC CEO Ramon Ang offered to sell Petron back to

496-677: A share purchase agreement that gave both an equal 40% stake in Petron Corporation. The remaining 20% of Petron shares were sold to the public. On August 11, 2006, a Petron oil tanker Solar 1 , carrying fuel oil sank, causing the Guimaras oil spill , the biggest oil spill in Philippine history. In 2008, Saudi Aramco sold its entire stake to the Ashmore Group , a London-listed investment group. Ashmore acquired an additional 11% when it made

558-735: A significant market presence in the following metropolitan areas: Mobil stores have made an increased presence in Arizona. Growing in size in the Phoenix area from fewer than 5 stations to over 20. Mobil stores have also made an increased presence in areas of Northwest Oregon and Southwest Washington. Exxon is the primary brand in the rest of the United States, with the highest concentration of Exxon retail outlets located in New Jersey (both Exxon and Mobil brands are used from 2014), Pennsylvania, Texas (Mobil has

620-600: A sizeable number of stations in Dallas and Houston), Louisiana (mainly New Orleans as well as Baton Rouge) and in the Mid-Atlantic and Southeastern states. Esso is ExxonMobil's primary gasoline brand worldwide. Both the Esso and Mobil brands are used in Canada (since 2017), Colombia, Egypt, and formerly Japan and Malaysia, in which the latter were rebranded as Petron in 2013, and ENEOS for

682-524: Is Pastolan. In mid-2019, some 135,000 workers were employed in Subic Bay Freeport, 68% in the service industry and 17% in the manufacturing industry. Subic was a shipbuilding hub. The now-defunct Hanjin Philippines was the single biggest employer in the area prior to its bankruptcy in January 2019. As of mid-2019, 5,901 workers were employed in the shipbuilding and maritime industry by 96 firms. Subic

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744-481: Is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil . The brand was formerly owned and operated by an oil and gas corporation of the same name ( Mobil Oil Corporation ), which itself merged with Exxon to form ExxonMobil in 1999. A direct descendant of Standard Oil , Mobil was originally known as the Standard Oil Company of New York (shortened to Socony) after Standard Oil

806-467: Is a range of heavy-duty lubricants designed for commercial vehicles. The range includes engine oils, transmission fluids, drivetrain lubricants and various greases. Mobil Industrial is a sub-brand of ExxonMobil for marketing oils and greases used in industrial applications. The main product lines are Mobil SHC synthetic oils and Mobil Grease greases. Mobil expanded the sale of convenience store items first pioneered at its discount gasoline stations under

868-608: Is known for providing lubricants and fuels as well as convenience products. It offers more than 350 service stations, more than 40 Mobil 1 centers and a variety of industrial products, lubrication programs and services. Some stations in Cairo , Alexandria and Giza feature On the Run convenience stores. Vacuum Oil Company started its operations in Portugal in 1896. In 1941, it became the Socony-Vacuum Oil Company and in 1952, it

930-571: Is served by the Port of Subic . Subic Bay is a popular destination for weekend visitors from Metro Manila . Attractions include beaches , an underwater aquarium , jungle survival tours, and duty-free shopping . Destinations include eco-tourism theme parks, the Ocean Adventure , Zoobic Safari, and the Pamulaklakin Nature Park , which is home to the indigenous Aetas who once trained

992-473: Is suitable for development, with the remaining portions consisting of high slopes, forests, or protected areas. In 2017, negotiations with local government units next to the Subic Bay Freeport Zone expanded the fenced area. The special economic zone is adjacent to Subic Bay . At least six mangrove areas are found in the Freeport Zone. The Subic Freeport Zone is divided into districts. The freeport zone has

1054-574: The Bases Conversion and Development Authority (BCDA). The harbor faces the Zambales Mountains to the west and Subic Bay opens to the South China Sea . Subic Bay is surrounded by the towns of Hermosa , Morong , and Subic , and the city of Olongapo in the provinces of Bataan and Zambales , respectively. The Spanish built a shipyard and naval base in Subic bay in the 1800s. During

1116-644: The Philippine Senate rejected terms for renewal of the base's lease. The U.S. Navy was already in the process of downsizing its Subic operations in June 1991, when Mount Pinatubo erupted. One of the largest volcanic eruptions in the last 100 years, it covered the Navy Base in volcanic ash and collapsed a significant number of structures. On March 13, 1992, the Philippine Congress passed Republic Act 7227, known as

1178-611: The Philippine Touring Car Championship , Run What You Brung (RWYB) and Circuit Showdown were held there. The racetrack closed in 2010 after its lease ended. The economic zone hosts the Subic Bay Yacht Club. The bay is favored for sailing sports, especially during the Habagat season. Subic Bay hosted the sailing events for the 2019 Southeast Asian Games . The Subic Sun Convention Resort and Casino, will be

1240-509: The Philippine national government , partly to promote Claro M. Recto 's national industrialization program and partly to respond to increasing international oil prices, attempted to launch a national oil company that caters Filipino consumers with affordable petroleum products. In 1957, Stanvac won the concession to build and operate a refinery in Bataan. For this purpose, FilOil Refinery Corporation

1302-500: The 1960s, Esso and Mobil stations in Japan had been run by Tōnen General Sekiyu, which had a controlling stake owned by ExxonMobil. In 2012, the company bought out much of ExxonMobil's stake, reducing it to a 22% minority. In 2016, ExxonMobil sold the remainder of its stake. In 2017, the company announced that it would merge with JX Group to form JXTG Holdings , with its petroleum business operating as JXTG Nippon Oil & Energy . Following

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1364-617: The 1980s, after the gasoline market had recovered. The Mobil Guide was an annual book of hotel and restaurant recommendations based on a system developed by Mobil in 1958. It rated businesses from one to five stars according to their assessed quality. In October 2009, ExxonMobil licensed the brand to Forbes magazine, which retitled the guide's various designations, e.g., Forbes Travel Guide, Forbes Five Stars, and so on. Forbes launched revised versions of various guides in late 2009. Vacuum Oil Company started selling lubricating oils in Europe in

1426-514: The 7-Eleven sale, Mobil has since returned to the country with its own-branded service stations. As of October 2022 , Mobil operates 229 own-branded service stations across the country, majority in the Australian east coast (except Tasmania) and South Australia, with a few in Western Australia. Mobil is the oldest oil company in New Zealand. Its kerosene first appeared in the country under

1488-737: The Altona and Adelaide Refineries. In December 1995, Mobil re-entered the West Australian retail fuel market when it purchased the Amgas service station network and related business. On 27 May 2009, Caltex Australia announced it would be acquiring 302 Mobil service stations in Melbourne, Brisbane , Sydney and Adelaide, subject to approval of the Australian Competition & Consumer Commission (ACCC). The ACCC subsequently announced its opposition to

1550-814: The Asia-Pacific region at the Subic Bay Freeport Zone in November 2008. The plant has the capacity to blend 12,000 metric tons (MT) of fuel additives per year. In 2006, the facility was constructed in partnership with Innospec . As part of the agreement. In April 2008, Petron commissioned the country's first petrochemical feedstock units, at its 180,000-barrel (29,000 m)-per-day Bataan Refinery . The feedstock unit converts black products (fuel oil) into LPG, gasoline, and diesel. It also purifies propylene to manufacture food packaging , appliances, suitcases, furniture, DVDs and car parts. Mobil Mobil

1612-638: The Bases Conversion and Development Act of 1992, in anticipation of the pullout of the US military bases in the country. Section 13 of Republic Act No. 7227 converted Subic Bay Naval Base into Subic Special Economic and Freeport Zone and created the Subic Bay Metropolitan Authority (SBMA) to develop and manage the Freeport which provides tax and duty-free privileges and incentives to business locators in

1674-570: The Mobil Mart brand. Mobil continued to refine and enhance its convenience store offerings with the On-the-Run brand, which proved to be much more popular. In 2009, 450 On the Run stores in the United States was sold to Alimentation Couche-Tard , operator of the Circle K convenience store chain. Some other On the Run locations in the United States were sold to 7-Eleven in 2011. ExxonMobil continues to own

1736-805: The Mobil brand is still used by Mobil service stations and for fuel (gasoline, diesel, heating oil, kerosene, aviation fuels and marine fuel) products. There are four main Mobil sub-brands: Mobil is ExxonMobil's primary retail gasoline brand in California, Florida, New York, New England, the Great Lakes and the Midwest. The Mobil brand is also used to market gasoline in Australia, Canada (since 2017), Colombia, Egypt, Guam, Japan (until 2019), Malaysia (until 2012), Mexico (starting about first quarter of 2018), New Zealand, Nigeria and Puerto Rico (since 2022) The Mobil brand has

1798-452: The Mobil stations continue to offer Loblaw's PC Optimum rewards program (which Esso also joined the following year). BG Fuels stated that it would open further Mobil stations beyond the Loblaw properties. BG Fuels later merged with Greenergy, and adopted the new brand Waypoint for convenience stores associated with its fuel properties. In Egypt, ExxonMobil's operations started in 1902, it

1860-556: The On the Run stores worldwide. Mobil rebranded numerous stations to the Hi-Val, Reelo and Sello discount gasoline brands after major price increases following the 1970s oil crisis made a significant number of consumers extremely price conscious. The stations were converted Mobil stations selling convenience store items in the station lobby, while the service bays were rented to customers for do-it-yourself auto repairs. These brands were discontinued in

1922-866: The Philippine Revolution, the Cuban-Filipino Vicente Catalan and his fleet in the nascent Philippine Navy , seized Subic from the Spanish and delivered it to the First Philippine Republic . Afterwards when the Americans invaded, it became an American naval base. The development of Olongapo was largely tied to the presence of the United States Navy base, once the largest U.S. military naval base in Asia . An arsenal and ship-repair facility

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1984-599: The Philippines intended to move military forces to the base in response to the territorial disputes in the South China Sea . The United States Navy sought access on a rotational basis for ships and Marines, and conducts maritime patrol aircraft patrols from bases in the Philippines. While the Subic Special Economic and Freeport Zone (as well as the agency responsible for the freeport zone's operations and management Subic Bay Metropolitan Authority (SBMA)) shares

2046-427: The Run (later OTR ) convenience stores, but they continued to be supplied by Mobil until it was switched to BP . Meanwhile, since January 2012, all fuel in 7-Eleven stores are supplied by Mobil. 7-Eleven store renovations and openings since 2014 have included prominent placement of the Mobil logo (as the advertised fuel supplier), usually underneath the 7-Eleven logo, on main signage as well as on petrol pumps. After

2108-524: The Standard Oil brand in the 1870s. Early in 1896, Vacuum Oil of New York established a marketing office on Featherston Street in Wellington selling lamp oil and harness grease. It brought with it extensive collective production, marketing and management skills that presented a major advancement in business organisation. The company's unrivaled mineral lubricant products and associated services quickly dominated

2170-663: The Standard-Vacuum Oil Company. The new company continued operations in New Zealand under both the Vacuum and Atlantic Union brand names. On November 30, 1999, Exxon Corporation and Mobil Oil Corporation merged with Mobil Oil New Zealand Limited now owned by new entity ExxonMobil. The company currently owns a 17.2 percent share in The New Zealand Refining Company Limited which operates an oil refinery at Marsden Point . It supplies roughly 20 percent of

2232-559: The U.S. Navy in jungle survival tactics. Subic International Raceway (SIR) , the Philippines' first purpose-built motorsports venue, opened in 1994 near Subic Bay International Airport . It was established by racing champion Pocholo Ramirez and his family. SIR hosted international racing events, such as the Asian Festival of Speed, Asian Formula 2000 and the Asian Formula Three Championship . Local races, such as

2294-485: The first company to introduce paying at the pump at its gas stations, the first company to produce jet aviation fuel, as well as the first company to introduce a mobile payment device, today known as Speedpass . In 1998, Mobil announced it was merging with Exxon to form ExxonMobil, reuniting the two largest descendants of Standard Oil. The technicalities of the merger, which was completed on November 30, 1999, showed that Exxon bought Mobil, and Mobil shareholders received

2356-632: The first company to operate 100 self-service stations. As well as its downstream interests, Mobil was active in the North Sea and operated an oil refinery in Coryton (opened in 1953), on the Thames estuary . In 1996, Mobil's fuels operations in Europe were placed into a joint venture 70% owned by BP , and the Mobil brand disappeared from service stations. Mobil continued to sell lubricants through BP and independent service stations. Following Mobil's merger with Exxon, at

2418-466: The first international branded hotel complex in Subic and is set to open in 2025. The Subic Special Economic and Freeport Zone is served by the Subic–Clark–Tarlac Expressway . Subic is the site of Subic Bay International Airport which can be used for chartered flights. The airport was a former Asian hub of multinational logistics company FedEx . The Port serves direct passenger traffic through ferries going to and from Orion, Bataan . The freeport zone

2480-516: The former in 2019, separately. In Esso stations in Hong Kong and Singapore, the Mobil brand is used on fuel tanks, along with Esso. 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 . The Esso and Exxon motor oil brands have largely been discontinued. Mobil Delvac

2542-510: The government in response to calls for re-nationalization due to rising fuel costs. The company's ISO-14001 -certified refinery processes crude oil into a full range of petroleum products, including LPG , gasoline, diesel, jet fuel , kerosene , industrial fuel oil, solvents , asphalts and mixed xylene . Petron's lube oil blending plant produces mechanical lubricants and grease. These products are also sold through service stations and sales centers, and directly to industrial customers with

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2604-401: The identification of their sponsor, making the company known throughout the country. Along its history, Mobil was pioneer in a number of aspect of the oil business in the country, including the introduction of the first metering pumps, the first network of self-service filling stations and the first motorway service area. The Mobil brand disappeared from the Portuguese service stations in 1996, in

2666-415: The largest client being the power sector. Petron also supplies jet fuels to international and domestic carriers. Through more than 1,200 service stations, they retail gasoline, diesel and kerosene to motorists and public transport operators. They also sell their LPG brand Gasul to households and other consumers through an extensive dealership network. Petron opened its first fuel additives blending plant in

2728-399: The late 19th century. By the 1930s its Mobiloil had become one of the main brands. Mobil gradually expanded its operation into fuels retailing as well, and opened its first UK service stations in the early 1950s, after the wartime POOL monopoly was disbanded. Mobil grew to become the seventh largest brand of petrol in Britain, supplying 1,990 outlets in 1965, and claimed in the mid-1960s to be

2790-430: The market. When New Zealanders began taking to the motorcar in the early twentieth century, Vacuum Oil expanded into the oil refining business. Its marketing network and transportation fleet grew as it extended its range of operation. The company continued to meet New Zealand's fuel needs throughout World War One, holding roughly 85 percent of the market. After the war, Vacuum Oil began facing very strong competition, with

2852-399: The merger, it was announced that both the Esso and Mobil brands would be phased out by 2020, and replaced by the Eneos EneJet banner. In April 2017, Loblaw Companies sold its network of 213 gas stations (all of which are attached to its various grocery store locations with the exception of its McKercher Drive and Edinburgh Place location off 8th Street East in Saskatoon Saskatchewan which

2914-399: The pumps at that one is operated by a 7 Eleven location that was converted to Mobile in the summer of 2023). sold to Brookfield Business Partners . Brookfield (operating as BG Fuels) announced that it would license the Mobil brand from ExxonMobil for use on these locations, making them a sister to Imperial Oil 's network of Esso-branded gas stations in Canada. As part of the sale agreement,

2976-401: The scope of the European joint-venture with BP. In 2000, at the time being the oldest oil company operating in Portugal, Mobil Oil Portuguesa was acquired by BP and disbanded. Subic Bay Freeport Zone The Subic Special Economic and Freeport Zone , often shortened as Subic Bay or Subic , is a special economic zone and freeport area covering portions of the city of Olongapo and

3038-473: The special economic zone. Richard Gordon , then the mayor of the City of Olongapo, became the first SBMA chairman. The last ship, USS Belleau Wood , left on November 24, 1992. Subic Bay was converted into a commercial zone largely through the efforts of some 8,000 residents of nearby Olongapo, under the leadership of mayor Richard Gordon , who wanted to protect and preserve the $ 8 billion worth of facilities and property from looting and destruction. Subic

3100-411: The start of 2000 BP acquired all the petrol retailing assets as well as the Coryton refinery (but sold it to Petroplus in 2007). Mobil returned to being purely a lubricant brand in Europe, and became the premium quality oil on sale at Esso service stations. The Vacuum Oil Company began operating in Australia in 1895, introducing its Plume brand of petrol in 1916. The Flying Red Horse ( Pegasus ) logo

3162-476: The takeover, citing the likelihood of increased fuel prices due to diminished competition. On 27 May 2010, 7-Eleven announced that it had acquired Mobil's Australian network of 295 service stations, with fuel still to be supplied by Mobil. At the same time, it was announced that out of the 295 stations, 7-Eleven had sold 29 South Australian service stations to Peregrine Corporation . Peregrine's acquisition saw Mobil's sites in South Australia rebranded to On

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3224-519: The total fuels market in New Zealand, for which most of its products are sourced from the Marsden Point refinery. Mobil Oil New Zealand Limited has more than 150 locations across the country, some of which are franchisee-owned. It also operates six storage locations across the country and maintains a reputation as a dominant petroleum company in New Zealand. Mobil New Zealand has 167 stations as of 2022, including 68 in Auckland. Its stations included 121 company-owned and 46 franchisee-owned outlets. Since

3286-416: The town of Subic in Zambales , and the towns of Hermosa and Morong in Bataan in the Philippines . The relatively developed and fenced area is called the Subic Bay Freeport Zone ( SBFZ ). The economic zone was the location of U.S. Naval Base Subic Bay , until the latter's decommissioning in 1992. The SBFZ is operated and managed by the Subic Bay Metropolitan Authority (SBMA), a sub-agency under

3348-435: Was split into 43 different entities in a 1911 Supreme Court decision . Socony merged with Vacuum Oil Company , from which the Mobil name first originated, in 1931 and subsequently renamed itself to "Socony-Vacuum Oil Company". Over time, Mobil became the company's primary identity, which prompted a renaming in 1955 to the "Socony Mobil Oil Company", and then in 1966 to the "Mobil Oil Corporation". Mobil credits itself with being

3410-487: Was closed in 2003. Mobil commenced removal of the refinery in July 2009, together with site remediation works. In 1985, Mobil swapped its Western Australian retail market with a large portion of BP's South Australian, Victorian and New South Wales retail market in a major asset swap. In 1990, Mobil acquired the service station and refining network of Esso Australia . This also resulted in Mobil's full ownership of Petroleum Refineries (Australia) Pty Ltd, which also operated

3472-416: Was established at Subic Bay in 1885 by the then colonial power , Spain . Following the Spanish–American War , Subic Bay became a U.S. Navy and Marine base, and grew to be a major facility. Until 1991, it was the base of the United States 7th Fleet . A red-light district developed around the base, drawn by the presence of American personnel. In early 1991, after the collapse of protracted negotiations,

3534-495: Was established in 1959. In 1962, Stanvac was dissolved and the marketing and refining interests were divided between the former partners. Esso Philippines, Inc. took over Stanvac's Philippine operations, including FilOil Refinery Corporation. Esso was a trade name used by Standard Oil of New Jersey. In 1973, the Philippine government, through the Philippine National Oil Company (PNOC), acquired Esso Philippines, Inc., including FilOil Refinery Corporation. Esso Philippines, Inc.

3596-438: Was introduced in 1939, and in 1954, the Plume brand was replaced by Mobilgas. Mobil Australia's corporate office is in Melbourne . In 1946, Mobil began construction of its refinery at Altona , in Melbourne's western suburbs, which originally produced lubricating oils and bitumen , before commencing the production of motor vehicle fuels in 1956. A second refinery at Port Stanvac , south of Adelaide , came on-stream in 1963, but

3658-399: Was renamed Petron Corporation . As part of the government's privatization program under President Fidel V. Ramos , PNOC sought a strategic partner that would give Petron a reliable supply of oil, plus access to state-of-the-art refining technology. The result was a partnership with the world's largest oil producer, Saudi Aramco . On February 3, 1994, PNOC and Aramco Overseas Co. B.V. signed

3720-460: Was renamed Petrophil Corporation (Petrophil) and by 1974, Esso filling stations were rebranded as "Petron", a portmanteau of petroleum (PET) and research octane number (RON). Subsequently, Mobil (successor of Socony-Vacuum Oil Company) also sold its share in FilOil Refinery Corporation to PNOC. The oil refining and marketing units in PNOC, including FilOil Refinery Corporation, were merged into Petrophil Corporation. In 1988, Petrophil Corporation

3782-427: Was renamed Socony Vacuum Portuguesa. In 1955, it became the Mobil Oil Portuguesa. Vacuum Oil was involved in the support of the first auto sports events in Portugal, as well as being responsible for the edition of first road maps and auto drivers guides in the country. Between 1920 and 1928, Vacuum Oil had an important role in the traffic signage of the roads of Portugal , installing thousands of road signs which included

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3844-475: Was transformed and became a model for bases conversion into commercial use after the Cold War with blue chip companies like Coastal Petroleum and Fed Ex pumping in over $ 3 billion of investments, creating 70,000 jobs in the free port 's first four years. It was host to the 4th APEC Leaders' Summit on November 24, 1996 and FedEx 's Asia-Pacific hub, Asia-One, was located in Subic Bay for almost ten years. In 2013, Defense Secretary Voltaire Gazmin said that

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