Interview with Stephen E. Van Nostrand, former executive at Caltex Petroleum Corporation. The interview includes Van Nostrand's personal experiences about service during World War II, employment with Caltex in China, the formation of Ryuku Oil Corporation, and holding various positions within Caltex. Van Nostrand talks about joint ventures with Nippon Oil Company and Koa Oil Company, increasing the refining capacity from 60,000 bbls. to 900,000 bbls. per day, crude oil contracts, the Nippon Petroleum Refining Company, refinery rehabilitation and construction, his role in Caltex operations in Japan, the Nippon Oil Staging Terminal Company, relations between Caltex (Japan) and New York headquarters, OPEC and its effects upon Caltex, character sketches of Neal Lilley, Alec Singleton, and James Voss, and various Japanese oil executives. The interview includes a personal history of S. Nomura.

Interview with William Taylor, an executive at Caltex Petroleum Corporation from New York, about his experiences working for the company in the Philippines and Thailand, the joint venture refinery in Thailand, expansion of the company, and the move of headquarters from New York to Dallas.