Interview with Murdo MacIver, an executive at Caltex Petroleum Corporation, discussing his experiences with the company. He comments on his educational background and early employment, his employment with Standard Oil Company of California, his transfer to Caltex in 1938, the expansion before World War II, Caltex during World War II, Bapco's refinery expansion, financing postwar refinery expansion, foreign exchange problems, banking syndicates, accounting methods, tanker construction, training of local nationals, T-2 tankers, the relationship between Caltex and subsidiaries, and Third World financial problems.