Pennzoil's asset
Pennzoil

@pennzoil.com

Pennzoil offers motor oil, filters, fluids and more.

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About

Description

Pennzoil is an American oil company that specializes in the production and distribution of motor oils, lubricants, and other automotive products. Headquartered in Houston, Texas, Pennzoil is a subsidiary of Shell and is known for its high-quality synthetic motor oils and engine care products. Pennzoil was founded in 1913 as The Pennzoil Company in California, initially focusing on the production of crude oil.


In 1968, the company relocated its headquarters to Houston, Texas, and expanded its product line to include motor oils and lubricants. Over the years, Pennzoil has introduced several innovative products, such as the first multi-viscosity motor oil, offering better engine protection in varying temperatures. The company's headquarters is located in Houston, Texas.


Situated in the Energy Corridor, Pennzoil's headquarters spans an area of approximately 231,000 square feet. The state-of-the-art facility houses various departments, including research and development, product testing, and corporate functions. Pennzoil's main products include motor oils, synthetic oils, transmission fluids, gear oils, and other automotive fluids and additives.


The company emphasizes the production of high-quality synthetic motor oils designed to deliver better engine performance and protection. On a global scale, Pennzoil operates as part of the Shell Group of Companies, a multinational oil and gas company. Pennzoil has various subsidiaries, joint ventures, and partnerships worldwide, allowing it to serve customers in numerous countries.


Some of its notable subsidiaries include Jiffy Lube International and Quaker State Corporation. Pennzoil holds a strong market position in the global oil industry. Its products are widely recognized and trusted by consumers around the world.


The company has a significant market share in the United States, with a strong presence in both the retail and commercial sectors. Throughout its history, Pennzoil has achieved several milestones and accolades. In 1993, the company won a landmark legal case against Texaco, resulting in one of the largest monetary awards in history.


This victory helped solidify Pennzoil's position as a leading brand in the automotive industry. Currently, Pennzoil continues to innovate and expand its product lineup to meet the evolving needs of consumers. The company focuses on developing motor oils and engine care products that provide advanced protection and performance benefits.


Pennzoil's dedication to quality and customer satisfaction ensures its ongoing growth and success in the global market

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Company Type

Public Company

Company Size

10,001+

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