Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: ChevronTexaco


Related Topics
GTE

In the News (Thu 31 May 12)

  
  CorpWatch : ChevronTexaco Faces Trial in Ecuador for Rainforest Destruction
For years, ChevronTexaco had fought to avoid being subject to jurisdiction in Ecuador, fearing the uncertainty of litigation in a country where foreign control over oil resources has become a contentious issue for indigenous groups, which constitute the largest bloc of voters in Ecuador.
Adding to the stakes is that in 1999 ChevronTexaco purchased a 50% interest in an exploration bloc in a region of the Ecuadorian Amazon close to where the previous damage occurred.
The contamination was compounded by ChevronTexaco's practice of siphoning oil from the pits into large tanker-trucks, which then sprayed it along hundreds of miles of dirt roads that pass in front of houses and farming land in order to keep the dust down during the dry season.
www.corpwatch.org /article.php?id=6691   (1909 words)

  
 ChevronTexaco wants to reflect its customer base
ChevronTexaco is the second largest U.S. integrated energy company and the fifth largest in the world.
ChevronTexaco is a major national corporate sponsor for NSBE and SHPE; ChevronTexaco employees serve on both associations’ corporate oversight boards.
ChevronTexaco University offers education and training in the downstream part, after the oil is pumped from the ground.
www.diversitycareers.com /articles/college/sumfall03/dia_chevron.htm   (1095 words)

  
  ChevronTexaco 2003 CR Update: Advancing Energy Technologies
ChevronTexaco's objective is to maintain a balanced, economically sound energy portfolio while continually working to minimize the environmental impacts of energy development and use.
In early 2004, ChevronTexaco and its project partners, Hyundai Motor Company and UTC Fuel Cells, were selected by the U.S. Department of Energy to lead a five-year "Controlled Hydrogen Fleet and Infrastructure Demonstration and Validation Project," designed to showcase practical application of hydrogen energy technology.
ChevronTexaco Technology Ventures formed a new Emerging Energies group tasked with identifying and assessing strategic and commercial opportunities to advance or apply a wide variety of energy technologies, such as solar, wind, biomass and geothermal.
www.chevrontexaco.com /cr_report/2003/advancing_energy.asp   (650 words)

  
 Money Magazine: ChevronTexaco -- priming the pump - Apr. 15, 2003
ChevronTexaco, which ultimately had to write off almost all of its $2.7 billion stake, fell short of earnings estimates three times in a row in 2002.
ChevronTexaco's chief financial officer, John Watson, says he can't comment on specific planned restructuring moves, but confirms that the company intends to shed underperforming assets as soon as possible.
ChevronTexaco is banking on its exploration-and-production business to drive future growth -- and perhaps shield it from the severe cyclicality of the refining business.
money.cnn.com /2003/04/15/markets/chevron   (800 words)

  
 ChevronTexaco Boosts 4Q Profit to $3.4B (phillyBurbs.com) | General
ChevronTexaco is enjoying a long stretch of robust financial gains that has validated a blockbuster deal completed in 2001 when Chevron bought Texaco Inc. for $39 billion.
ChevronTexaco attributed most of the robust gains to hefty profit margins on the West Coast.
ChevronTexaco fetched an average price of $38 per barrel for crude oil during the fourth quarter, a 40 percent increase from the prior year.
www.phillyburbs.com /pb-dyn/news/24-01282005-440336.html   (536 words)

  
 Alexander's Gas & Oil Connections - ChevronTexaco's oil and gas output falls for 5th straight year   (Site not responding. Last check: 2007-11-07)
ChevronTexaco, the second largest US oil company after ExxonMobil, attributed the drop in US production to natural field declines and a decision that bringing some Gulf of Mexico production back on line was uneconomic due to storm damage in late 2002.
ChevronTexaco expects to re-enter the area this year to begin repairs, but said production there could be limited by Nigeria's OPEC quota.
ChevronTexaco has averaged an annual decline rate of slightly more than 2 % for the last five years.
www.gasandoil.com /goc/company/cnn41237.htm   (309 words)

  
 CBS News | ChevronTexaco Buying Unocal in $16.4B Deal | April 4, 2005 14:29:48
ChevronTexaco is betting it will be able to make even more money by drawing up Unocal's energy supplies and refinery operations.
ChevronTexaco hopes to realize $325 million in annual financial benefits from the deal, with about two-thirds of that amount, or roughly $215 million, coming from cost reductions.
ChevronTexaco hopes to complete the Unocal takeover by the end of this year.
cbsnews.com /stories/2005/04/04/ap/business/printableD898KUOG0.shtml   (600 words)

  
 CBS News | ChevronTexaco Buying Rival Unocal | April 4, 2005 21:13:40
ChevronTexaco Chairman David O'Reilly told reporters Monday that he expects the proposed takeover to receive the required regulatory approvals so it can be completed before year's end.
ChevronTexaco completed one of the bigger deals 3 1/2 years ago when it bought Texaco Inc. for $39 billion, a takeover that has been delivering hefty returns after a rocky start.
ChevronTexaco expects the deal to boost profits by at least $325 million annually, with about two-thirds of that targeted amount, or roughly $215 million, coming from lower expenses.
www.cbsnews.com /stories/2005/04/04/ap/business/mainD898QS1O0.shtml   (1129 words)

  
 RealMoney.com: ChevronTexaco Buys Unocal
ChevronTexaco (CVX - commentary - Cramer's Take) agreed to acquire Unocal (UCL - commentary - Cramer's Take) Monday for cash and stock worth $62 a share, bringing the recent rage for corporate megamergers back to the oil sector.
ChevronTexaco will issue about 210 million shares of ChevronTexaco stock and pay about $4.4 billion in cash in the deal.
Unocal's 1.75 billion barrels of oil-equivalent proved reserves would increase ChevronTexaco's reserve base as of the end of 2004 by about 15%, while the weighting of natural gas reserves would increase by about 5 percentage points, one-third of the oil-equivalent total.
www.thestreet.com /p/stocks/energy/10215912.html   (339 words)

  
 ChevronTexaco on Trial | Worldwatch Institute
Oil giant, ChevronTexaco, is on trial in Ecuador for dumping toxic waste in the Ecuadorian Amazon.
The company is charged with turning an area that once had some of the world's greatest diversity of plant and animal life into a place laden with pollution, sickness, and poverty.
I was wondering if you know whether there are any similar types of cases involving oil companies that are pending in the courts, either in the US or abroad.
www.worldwatch.org /node/1533   (457 words)

  
 Oil merger rumored / ChevronTexaco reportedly considering a bid for Unocal
The possibility that ChevronTexaco, the country's second-largest oil firm, might want to buy the smaller firm triggered a run Thursday on Unocal stock, which jumped 12.34 percent to hit $60.10.
"ChevronTexaco is in good shape as a whole, but reserves are a concern, and this would be one way to fix that," said Argus Research analyst Jeb Armstrong, who does not own either company's stock.
ChevronTexaco Chief Executive Officer David O'Reilly told an industry conference in Houston last month that competition among nations for the planet's oil supply will heat up as China and India develop, pushing crude prices higher.
www.sfgate.com /cgi-bin/article.cgi?file=/c/a/2005/03/04/BUGH1BJT3T1.DTL   (942 words)

  
 ChevronTexaco - Employee Resource & Training Center: Legal and Privacy Statement   (Site not responding. Last check: 2007-11-07)
ChevronTexaco does not warrant that the functions contained in the materials will be uninterrupted or error-free, that defects will be corrected, or that this site or the server that makes it available are free of viruses or other harmful components.
ChevronTexaco does not warrant or make any representations regarding the use or the results of the use of the materials in this site in terms of their correctness, accuracy, reliability, or otherwise.
Under no circumstances, including, but not limited to, negligence, shall ChevronTexaco be liable for any special or consequential damages that result from the use of, or the inability to use, the materials in this site, even if ChevronTexaco or a ChevronTexaco authorized representative has been advised of the possibility of such damages.
upstream.chevrontexaco.com /ertc/privacy.asp   (1245 words)

  
 RIGZONE - ChevronTexaco & Ecopetrol Extend Guajira Area Contract
ChevronTexaco's Colombia subsidiary, ChevronTexaco Petroleum Company, and Ecopetrol, the Colombian national oil company, have agreed to extend their existing Guajira Area A Association contract and continue natural gas production activities in the northeastern coastal region of the country.
"ChevronTexaco is committed to Colombia and is pleased to have the opportunity to continue a relationship that has existed for more than 75 years," said George Kirkland, president of ChevronTexaco Overseas Petroleum.
The extension agreement is for the commercial life of the fields and provides the framework for further investment to develop and produce the remaining natural gas reserves in the contract area.
www.rigzone.com /news/article.asp?a_id=9964   (451 words)

  
 Los Alamos National Laboratory (LANL): ChevronTexaco and Los Alamos National Laboratory to establish an alliance for ...
ChevronTexaco and Los Alamos will develop energy industry solutions derived from DOE and Department of Defense technologies.
The Alliance for Advanced Energy Solutions is the most recent relationship formed as part of ChevronTexaco's strategy to develop unique, new research and educational structures in the energy industry.
ChevronTexaco has recently joined with the University of Tulsa in the Center of Research Excellence in production fluid flow, the University of Southern California to form the Center of Interactive Smart Oilfield Technologies, and the Colorado School of Mines in the Center of Research Excellence in Earth Science.
www.lanl.gov /news/index.php/fuseaction/home.story/story_id/2292   (594 words)

  
 BW 50: ChevronTexaco Profile
ChevronTexaco Corporation, an investment holding company, engages in petroleum, chemicals, and coal mining operations.
ChevronTexaco also owns an approximate 25% equity interest in Dynegy, Inc., an energy provider engaged in power generation, gathering, and processing of natural gas, and the fractionation, storage, transportation, and marketing of natural gas liquids.
ChevronTexaco was incorporated in 1926 under the name Standard Oil Company of California and changed its name to Chevron Corporation in 1984, and then to ChevronTexaco Corporation in 2001.
www.businessweek.com /bw50/2005/company/CVX.htm   (424 words)

  
 VHeadline.com - ChevronTexaco to give free surgery to children with facial malformations   (Site not responding. Last check: 2007-11-07)
ChevronTexaco says that leaving a positive legacy in the long term is part of its business plan, as well as its commitment to the countries in which it operates.
ChevronTexaco acknowledges that the success of each company does not depend solely on its financial performance, but also on its ability to tend to social problems in the communities where it operates.
ChevronTexaco reconoce que el éxito de la toda empresa no solo depende de su desempeño financiero, sino además de su habilidad para canalizar los problemas sociales en las comunidades donde opera.
www.vheadline.com /readnews.asp?id=22757   (1484 words)

  
 ChevronTexaco Crude Oil Marketing - Legal and Privacy Statement   (Site not responding. Last check: 2007-11-07)
If you choose to submit a business plan or other information to ChevronTexaco GTFAMM through this Web site, email, mail or otherwise, you will be asked to provide personal information that will be used to process your order or to respond to your inquiry.
ChevronTexaco GTFAMM and/or ChevronTexaco Corporation collect and maintain statistics about the Web servers used to contact us, which help us track the total number of visitors to the site and to specific parts of the site.
You may terminate this agreement at any time by destroying all materials obtained from any and all ChevronTexaco site(s) and all related documentation and all copies and installations thereof, whether made under the terms of this agreement or otherwise.
www.chevrontexaco.com /crudemarketing/privacy.asp   (1342 words)

  
 ChevronTexaco to acquire Unocal in $18 billion deal
The acquisition will enhance ChevronTexaco’s position in the Gulf of Mexico, where it is already a leading participant on the shelf and in deepwater opportunities such as Tahiti, Jack, Blind Faith and Great White.
ChevronTexaco estimates the acquisition would be accretive on a cash flow per-share basis.
ChevronTexaco indicated plans for the repurchases, subject to board approval and consistent with liquidity, legal requirements, and maintaining the company’s AA credit rating.
www.finfacts.ie /irelandbusinessnews/publish/article_10001188.shtml   (1511 words)

  
 Texaco: About Texaco: About ChevronTexaco
General Information — ChevronTexaco is an international leader in finding, producing and marketing oil and natural gas, as well as developing other energy products.
ChevronTexaco History — Visit Our History site and scroll through the pages of the company's history.
Diversity — ChevronTexaco works to leverage the rich diversity of ideas, experience and skills of its employees throughout the world.
www.texaco.com /texaco/abouttexaco/about_chevrontexaco.htm   (187 words)

  
 USATODAY.com - ChevronTexaco ponies up   (Site not responding. Last check: 2007-11-07)
The balance sheet shows ChevronTexaco had about $10.7 billion of cash and marketable securities (investments that can be quickly converted into cash) at the end of the year.
However, even if ChevronTexaco used every penny of cash (which it wouldn't), the company would still be $5.1 billion short of the price it paid.
That means ChevronTexaco only needs about $4.3 billion in cash, which it can easily afford between its own cash and the cash it picks up in the deal.
www.usatoday.com /money/perfi/columnist/krantz/2005-05-27-chevron_x.htm   (437 words)

  
 ChevronTexaco announces agreement to acquire Unocal 4/4/05
ChevronTexaco expects disposition of assets following the close of the transaction to result in proceeds of more than $2 billion.
ChevronTexaco, Unocal, and their respective directors and executive officers, may be deemed to be participants in the solicitation of proxies from Unocal's stockholders in connection with the merger.
Information about the directors and executive officers of ChevronTexaco and their ownership of ChevronTexaco stock is set forth in the proxy statement for ChevronTexaco's 2005 Annual Meeting of Stockholders.
www.unocal.com /uclnews/2005news/040405.htm   (1586 words)

  
 Chevron - SourceWatch
Chevron Corporation (formerly ChevronTexaco) is based in San Ramon, California and is the second largest U.S. oil company (behind Exxon Mobil).
The edit was made anonymously but was picked up by the WikiScanner tool.
Andrew Gordon, "ChevronTexaco rebrands, unifies message as Chevron", PR Week, May 11, 2005.
www.sourcewatch.org /index.php?title=ChevronTexaco   (580 words)

  
 Donor Profiles   (Site not responding. Last check: 2007-11-07)
In addition to oil, ChevronTexaco also owns a chemicals subsidiary and holds a stake in Dynegy, a power company.
ChevronTexaco lobbies on all energy issues, including the proposal to open up the Arctic National Wildlife Refuge to oil drilling.
METHODOLOGY: The numbers on this page are based on contributions of $200 or more from PACs and individuals to federal candidates and from PAC, individual and soft money donors to political parties, as reported to the Federal Election Commission.
www.opensecrets.org /orgs/summary.asp?ID=D000000110&Name=ChevronTexaco   (198 words)

  
 VHeadline.com - Venezuelan companies to compete for ChevronTexaco’s worldwide business   (Site not responding. Last check: 2007-11-07)
ChevronTexaco activities in Venezuela include both upstream and downstream projects which have made significant contributions to employment generation, stimulating the overall economy, enhancing the local workforce skills and improving the quality of life of the surrounding communities.
In addition to the recently awarded Blocks 2 and 3 of the Plataforma Deltana, ChevronTexaco operates both the Boscan and LL652 fields in western Venezuela and holds a 30% interest in the Hamaca Project, one of Venezuela’s four heavy oil strategic associations in the prolific Orinoco Belt.
ChevronTexaco Latin American Headquarters are located in Caracas and a high percentage of its Venezuela based staff is comprised by Venezuelan citizens who provide support to company operations throughout the region.
www.vheadline.com /readnews.asp?id=17530   (961 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.