GS Caltex Corporation is a South Korean Energy and Chemical company jointly owned by Chevron and GS Group. The company was founded in May 1967 as the first private oil company in Korea. The company changed its name from LG-Caltex Oil Corporation to GS Caltex Corporation in 2005 as part of the GS Group split from LG Corporation. GS Caltex exports petroleum, petrochemical, and lubricant products to 57 countries.