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| "Peace Be With You", 1961 ESSO Standard Phils. Ad |
ESSO STANDARD PHILIPPINES, was the name of the fuel company that became the forerunner of PETRON CORP. ESSO took over Standard Vacuum Oil Co. (STANVAC) that had been supplying the country with gas and fuel since 1933, as a merged company of Socony Vacuum Oil and Standard Vacuum Oil of New Jersey. In 1973, the Philippine National Oil C. (PNOC) of the Philippines acquired ESSO, and was renamed PETROPHIL CORP. ESSO Stations were rebranded as PETRON. In 1988, PETROPHIL was renamed PETRO CORP. to this day.