Chevron operates in South Korea as a 50 percent shareholder in GS Caltex Corp., the country's second-largest energy company.
GS Caltex operates one of the world's largest refineries, in Yeosu, and has a large network of GS Caltex® service stations. It also is active in power generation and distributing natural gas to industrial, commercial and residential customers.
Chevron also maintains an important role in the petrochemicals business through the operations of GS Caltex, Chevron Oronite Co., and Chevron Phillips Chemical Company LLC (CPChem) and its affiliates.
Chevron Global Aviation provides aviation fuel to the Asia-Pacific region. Our customers include the Korean Air Force and the Korea Airport Service, a subsidiary of Korean Air.
In addition, Chevron is working with Korean shipyards and factories as we search for energy resources around the world. By the end of 2012, more than $4 billion had been spent in South Korea to manufacture oil and gas exploration platforms as well as production modules and ships used to transport liquefied natural gas.
Updated: April 2013