“To convey a clear, strong and unified presence across the 180 markets where we do business, we are adopting a single corporate identity,” said chairman and CEO David O’Reilly.

“As we strive to sustain superior performance, it is important that we have consistent global awareness of our corporate brand."

The company would continue to expand and support its global retail business through its portfolio of retail brands – Texaco, Chevron and Caltex – and would retain its broad portfolio of products and lubricant brands, O’Reilly said.

The company would also retain its stock ticker symbol “CVX” on the New York Stock Exchange.