Press Releases

Date Title  
Toggle Summary ChevronTexaco Signs Purchase and Sale Agreement With Duke Energy Field Services for the Discovery Pipeline System
Sale Mandated in U.S. Federal Trade Commission Consent Order SAN FRANCISCO, March 21 -- ChevronTexaco (NYSE: CVX) today announced that it has signed an agreement to sell its 33.3 percent interest in the Discovery Pipeline System to Duke Energy Field Services.
Toggle Summary ChevronTexaco Announces $9.4 billion Capital Spending Program for 2002
SAN FRANCISCO, Feb 6, 2002 -- ChevronTexaco Corp. (NYSE: CVX) today announced a $9.4 billion capital and exploratory spending program for 2002 including $1.6 billion in non-cash affiliates' expenditures. The 2002 program is 22 percent lower than 2001 spending of about $12 billion.
Toggle Summary ChevronTexaco Declares Dividend
SAN FRANCISCO, Jan 30, 2002 -- The Board of Directors of ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 70 cents per share, payable March 11, 2002, to stockholders of record as of Feb. 15, 2002. The dividend rate is unchanged from the preceding quarter.
Toggle Summary ChevronTexaco Reports Fourth Quarter Net Loss of $2.5 Billion and 2001 Net Income of $3.3 Billion
Fourth Quarter Operating Earnings of $0.5 Billion Reduced by Special Charges And Merger-Related Costs Totaling $3.0 Billion Merger Synergy Savings of $1.8 Billion Annually on Schedule for Early 2003 Oil and gas Reserves Replacement For 2001 Equals 120 Percent of Production For The Year SAN
Toggle Summary Alto Technology Resources Names Barbara J. Dunn CEO
HOUSTON, Jan. 22 -- Alto Technology Resources Inc., a leader in hyperspectral remote sensing imaging, today announced that Barbara J. Dunn has been named chief executive officer of the Houston, Texas-based company. In a related move, Dr. Alfredo Prelat was named president and chief technology
Toggle Summary ChevronTexaco and Compass Announce Largest Agreement in Catering Industry History
SAN FRANCISCO and LONDON, January 14, 2002 -- ChevronTexaco Corp. and Compass Group today announced finalization of a 10-year "Preferred Supplier" agreement believed to be the largest ever negotiated in the catering industry. The agreement, valued at more than $200 million a year, covers catering
Toggle Summary ChevronTexaco, Energy Conversion Devices Team to Commercialize Solar, Hydrogen Technologies
SAN FRANCISCO, Dec. 20, 2001 – ChevronTexaco (NYSE: CVX) announced today that its energy services subsidiary, Chevron Energy Solutions, LP (Chevron ES), is collaborating with a pioneering technology and manufacturing affiliate, Energy Conversion Devices, Inc.
Toggle Summary ChevronTexaco Forms Gulf Lubricants Company
New Company Offers Direct Service to Lubricants Customers SAN RAMON, Calif., Dec 19, 2001 /PRNewswire via COMTEX/ --ChevronTexaco (NYSE: CVX) today announced the formation of Gulf Lubricants Co., a ChevronTexaco company that will manufacture and market a wide range of quality lubricants, engine
Toggle Summary ChevronTexaco Comments on Announcement of Definitive Agreement for Sale Of Former Texaco U.S. Downstream Interests
SAN FRANCISCO, Dec. 12, 2001 /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX) today issued the following statement about the signing of definitive agreements for the sale of U.S. downstream interests that were formerly held by subsidiaries of Texaco Inc.
Toggle Summary ChevronTexaco Ships First Oil Cargo From China's QHD 32-6 Oil Field
SAN FRANCISCO, Dec 12, 2001 /PRNewswire via COMTEX/ -- ChevronTexaco has achieved an important milestone with the shipment of its first cargo of crude oil from the QHD 32-6 oil field, 130 kilometers east of Tianjin, in China's Bohai Bay. Approximately 500,000 barrels of 16.9-degree gravity API