Early History
ExxonMobil's history in Singapore dates
back to 1893 with the set-up of the Vacuum Oil Company at Robinson Quay, which
sold mainly kerosene and lubricants under the Mobiloil brand name.
One of the company's earliest products was the Mei Foo kerosene lamp,
introduced in 1906 and which turned out to be very popular with early
immigrants.
Vacuum Oil was to become a subsidiary of Standard
Oil, which set up a branch office at Union Building in Collyer Quay in 1916.
This was followed two years later with the building of a bunker storage
terminal on the island of Pulau Sebarok.
With automobiles
becoming more popular, the Flying Red Horse or Pegasus logo began to make its
first appearances on the streets of Singapore, notably on signboards of shops
selling lubricants.
Vacuum Oil merged with the Standard Oil
Company of New York (Socony) in 1931 and became the Standard-Vacuum Oil
Company, or Stanvac for short.

Postwar History
Stanvac's operations ceased after the
Japanese invasion in 1942 but resumed in 1945 following the end of World War
II. It expanded into the aviation supply business in 1948, and started to
retail petrol through service stations in 1949.
By 1958, it
had more than 200 employees and moved into Shaw House at Orchard Road. In
1961, it introduced bottled cooking gas under the name Stangas which sold
2,000 cylinders during the first year.
But by 1962, the
partners in Stanvac decided to split up, and all company assets in Singapore
and Malaysia were transferred to Standard Oil of New Jersey, better known as
Esso. The Pegasus logo was replaced overnight by the Esso oval; and Stangas
became Essogas, a brand name that remains to this day.
Meanwhile, Stanvac's other former partners regrouped to form Mobil Oil
Malaysia Sdn Bhd to re-enter the Singapore and Malaysian markets. By 1964, it
had set up the first service station in Singapore carrying the Mobil name at
Pasir Panjang. A year later, the Mobil network had expanded to 14 stations.
In 1963, Mobil also made the decision to go into refining. This was realized
three years later when the first refinery in Singapore with a capacity of
18,000 barrels per day came onstream at what is today Pioneer Road in Jurong.
The refining capacity was stepped up 10-fold to 180,000 bpd by the late 1970s.
The nameplate capacity stands today at 300,000 bpd.
In the
late sixties, Esso also decided to enter the refining business. Its 90,000
barrel-per-day refinery came onstream on Pulau Ayer Chawan, in 1970. Located
on what is today Jurong Island, the facility has a current nameplate capacity
of 280,000 barrels per day.
But even as they helped Singapore
to leapfrog into the position of the third largest refining centre in the
world, after Houston and Rotterdam in the early 1970s, both companies did not
stop at refining activities.
From 1980s to Today
New investments were made in the eighties and nineties to increase the slate
of refinery products as both Mobil and Esso continued to upgrade their
refining capacities as well as add more downstream petrochemicals and
lubricant facilities.
By 1993, Mobil had ploughed in a total
of S$2.4 billion. These included the building of a $200 million hydrocracker
as well as a $1.1 billion catalytic reformer and aromatics unit.
That same year, Exxon Chemical also announced it would build a similar $1
billion aromatics complex, as well as a $380 million hydroprocessing plant at
Pulau Ayer Chawan.
In 1997, both Esso and Mobil announced
that they would build new crackers on their respective sites, but these plans
were soon overtaken by a new development the following year --- the
announcement of the proposed merger of Exxon Corporation and Mobil Corporation.
With both companies owning complementary global assets and technology, it was
decided instead that a single new state-of-the-art $2 billion petrochemical
plant would be built on what is now Jurong Island --- one which would be fully
integrated with existing refining and chemical operations at Pulau Ayer Chawan
and Pioneer Road.
The Singapore Chemical Plant (SCP) has
since played a key role in supporting ExxonMobil's global manufacturing and
supply network, supplying to more than 15 major markets.
With
this investment, ExxonMobil is now the biggest single foreign investor in
Singapore, having invested more than $6.5 billion here since the early 1960s.
ExxonMobil now operates the largest petrol station network in Singapore with
more than 70 stations.
Learn about the key dates of ExxonMobil's history in Singapore.
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