Texaco Canada Inc

Texaco Canada Inc

Texaco Canada Inc was one of Canada's largest integrated petroleum companies, with world-scale conventional oil and natural gas production in Alberta; exploration programs in Canada's Western Basin and Beaufort Sea; and significant exploration in Canada's offshore as well as in Brazil and West Africa. Incorporated in 1927 as McColl-Frontenac Oil Co Ltd, the company became Texaco Canada Ltd in 1959. It adopted its present name in 1978 as a result of its merger with Texaco Explorations Canada Ltd.

Headquartered in Toronto, Texaco Canada refined and distributed a full range of quality petroleum products through wholesale marketers and more than 2000 retail outlets coast to coast. In 1986, the company had revenues of $2.7 billion (ranking 33rd in Canada), assets of $3.7 billion (ranking 27th in Canada), and 3326 employees. In 1989, Texaco was purchased by Imperial Oil and its operations were merged into Imperial Oil or sold off.