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Ampol
Ampol Limited is an Australian petroleum company headquartered in Sydney, New South Wales. Ampol is the largest transport energy distributor and retailer in Australia, with more than 1,800 Ampol-branded service stations across the country as of June 2025[update]. Ampol also operates in New Zealand through its subsidiary Z Energy.
Ampol was first incorporated in 1936 and would later be owned by Pioneer International (now Heidelberg Materials Australia). The Caltex brand in Australia separately began in 1941 to market petrol in its chain of service stations and was owned by Caltex Australia Limited. In 1995, the Ampol and Caltex operations merged to form Australian Petroleum, equally owned by Pioneer and Caltex Australia. Pioneer sold its shareholding between 1997 and 1998, and Caltex Australia gained full ownership of Australian Petroleum. Caltex Australia then gradually replaced the Ampol brand with Caltex over the next decade.
From 2001 until 2015, Caltex Australia was owned equally by American petroleum company Chevron Corporation and the Australian public until Chevron sold its shareholding to the public. In December 2019 Chevron, owner of the Caltex trademark, gave notice to Caltex Australia to terminate the licence agreement for use of the Caltex brand in Australia. In May 2020, the company officially changed its name and began to rebrand as Ampol, along with a new logo that was rolled out across Australia between 2020 and 2022.
Today's Ampol Limited traces its history back to two independent businesses that merged in 1995, Caltex Oil (Australia) Pty Ltd (a subsidiary of Caltex Australia Limited, owned by the global Caltex Petroleum Corporation) and a previous incarnation of Ampol Limited (owned by Hanson Australia). It became the largest downstream petroleum company in Australia. At the time of merger, Caltex Petroleum Corporation was owned equally by American petroleum companies Chevron Corporation and Texaco.
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. In June 1936, the Caltex joint venture was formed in the United States between Standard Oil Company of California (later Chevron) and The Texas Company. Texas Company (Australasia) Limited eventually changed its name to Caltex Limited five years later on 2 January 1941.
The legal entity Caltex Australia Limited originated from California Asphalt Products Pty Ltd which was incorporated in May 1935. The company became public in December 1958 and briefly became California Asphalt Products Ltd, before changing its name to Caltex Securities (Australia) Ltd in February 1959 and finally to Caltex Australia Limited in March 1981.
Caltex Australia opened the Kurnell Refinery in 1956. In March 1981, Caltex Australia acquired Golden Fleece for A$75 million. In July the same year, Caltex Australia floated 25% of its shares to the Australian public, the first multinational oil company to do so in Australia. Part of the proceeds of the offering would be used to pay the acquisition of Golden Fleece.
Until the merger with Ampol, Caltex Australia operated though its subsidiary Caltex Oil (Australia) Pty Ltd. In 1976, through the subsidiary, Caltex Australia sued a surveying company and a dredge operator for compensation, due to the damage to a pipeline caused by their dredge in 1971. The pipeline connected Kurnell Refinery to an Australian Oil Refining Pty Ltd (AOR) refinery under Botany Bay. Caltex argued it had to arrange alternative means of transport of petroleum products. After losing a ruling in the NSW Supreme Court, an appeal was successful in the High Court of Australia. Caltex Australia was compensated even though it did not own the pipeline (AOR did), and while the general rule was that pure economic loss was not recoverable, it was subject to an exception in circumstances where the defendant could reasonably foresee that the particular plaintiff, as opposed to a general class of persons, would suffer loss as a result of their negligence .
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Ampol
Ampol Limited is an Australian petroleum company headquartered in Sydney, New South Wales. Ampol is the largest transport energy distributor and retailer in Australia, with more than 1,800 Ampol-branded service stations across the country as of June 2025[update]. Ampol also operates in New Zealand through its subsidiary Z Energy.
Ampol was first incorporated in 1936 and would later be owned by Pioneer International (now Heidelberg Materials Australia). The Caltex brand in Australia separately began in 1941 to market petrol in its chain of service stations and was owned by Caltex Australia Limited. In 1995, the Ampol and Caltex operations merged to form Australian Petroleum, equally owned by Pioneer and Caltex Australia. Pioneer sold its shareholding between 1997 and 1998, and Caltex Australia gained full ownership of Australian Petroleum. Caltex Australia then gradually replaced the Ampol brand with Caltex over the next decade.
From 2001 until 2015, Caltex Australia was owned equally by American petroleum company Chevron Corporation and the Australian public until Chevron sold its shareholding to the public. In December 2019 Chevron, owner of the Caltex trademark, gave notice to Caltex Australia to terminate the licence agreement for use of the Caltex brand in Australia. In May 2020, the company officially changed its name and began to rebrand as Ampol, along with a new logo that was rolled out across Australia between 2020 and 2022.
Today's Ampol Limited traces its history back to two independent businesses that merged in 1995, Caltex Oil (Australia) Pty Ltd (a subsidiary of Caltex Australia Limited, owned by the global Caltex Petroleum Corporation) and a previous incarnation of Ampol Limited (owned by Hanson Australia). It became the largest downstream petroleum company in Australia. At the time of merger, Caltex Petroleum Corporation was owned equally by American petroleum companies Chevron Corporation and Texaco.
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. In June 1936, the Caltex joint venture was formed in the United States between Standard Oil Company of California (later Chevron) and The Texas Company. Texas Company (Australasia) Limited eventually changed its name to Caltex Limited five years later on 2 January 1941.
The legal entity Caltex Australia Limited originated from California Asphalt Products Pty Ltd which was incorporated in May 1935. The company became public in December 1958 and briefly became California Asphalt Products Ltd, before changing its name to Caltex Securities (Australia) Ltd in February 1959 and finally to Caltex Australia Limited in March 1981.
Caltex Australia opened the Kurnell Refinery in 1956. In March 1981, Caltex Australia acquired Golden Fleece for A$75 million. In July the same year, Caltex Australia floated 25% of its shares to the Australian public, the first multinational oil company to do so in Australia. Part of the proceeds of the offering would be used to pay the acquisition of Golden Fleece.
Until the merger with Ampol, Caltex Australia operated though its subsidiary Caltex Oil (Australia) Pty Ltd. In 1976, through the subsidiary, Caltex Australia sued a surveying company and a dredge operator for compensation, due to the damage to a pipeline caused by their dredge in 1971. The pipeline connected Kurnell Refinery to an Australian Oil Refining Pty Ltd (AOR) refinery under Botany Bay. Caltex argued it had to arrange alternative means of transport of petroleum products. After losing a ruling in the NSW Supreme Court, an appeal was successful in the High Court of Australia. Caltex Australia was compensated even though it did not own the pipeline (AOR did), and while the general rule was that pure economic loss was not recoverable, it was subject to an exception in circumstances where the defendant could reasonably foresee that the particular plaintiff, as opposed to a general class of persons, would suffer loss as a result of their negligence .
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