Press Releases

Date Title  
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
Toggle Summary ChevronTexaco and Its Partners Celebrate the Opening of the Caspian Pipeline
SAN FRANCISCO and MOSCOW, Nov. 27, 2001 – At a special ceremony held today at the Caspian Pipeline Consortium (CPC) terminal near Novorossiysk, Russia, ChevronTexaco Corp. (NYSE: CVX) and its partners celebrated the opening of a new oil export route from the Caspian region.
Toggle Summary ChevronTexaco and Partners Announce First Oil Production from the Hamaca Project in Venezuela’s Orinoco Belt
SAN FRANCISCO, Nov. 20, 2001 – ChevronTexaco and its Hamaca Project partners today commemorated first oil production from the field located in Venezuela’s Orinoco Belt with a ceremony attended by local dignitaries, partner company representatives and more than 200 guests.
Toggle Summary ChevronTexaco Establishes Financial and Operational Goals to Achieve Industry-Leading Performance and Top Shareholder Return
Sets $1.8 Billion Synergy Target; 2 to 3 Percent Increase in Return on Capital Employed; Long-Term Production Growth of 2.5 to 3 Percent NEW YORK, Nov. 19, 2001  /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX - news) today announced higher post-merger synergy goals and set other financial and
Toggle Summary OBIT/Augustus C. Long, Retired Texaco Chairman, Dies
WHITE PLAINS, N.Y.--Nov. 16, 2001--Augustus "Gus" C. Long, former Chairman and Chief Executive Officer of Texaco Inc., died on November 15 at his home in North, Virginia. He was 97. Current ChevronTexaco Vice Chairman and former Chairman and Chief Executive Officer of Texaco Inc. Glenn F.
Toggle Summary ChevronTexaco to Invest $2.5 Billion in Dynegy
SAN FRANCISCO, Nov. 9 /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX) today announced that it has committed $2.5 billion of new equity in Dynegy Inc. (NYSE: DYN) in support of Dynegy's planned merger with Enron (NYSE: ENE). ChevronTexaco, which currently owns approximately 26 percent of Dynegy's
Toggle Summary ChevronTexaco, Partners Announce First Oil Production From the Next Phase Of Kuito Development
SAN FRANCISCO, Nov 1, 2001 /PRNewswire via COMTEX/ -- ChevronTexaco (NYSE: CVX), as operator of offshore Angola Block 14, today announced that oil production has begun from the deepwater Kuito Field Phase 1C development. The new phase has added more than 30,000 barrels of oil per day bringing
Toggle Summary ChevronTexaco Increases Dividend
SAN FRANCISCO, Oct 31, 2001 /PRNewswire via COMTEX/ -- ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 70 cents per share, payable Dec. 10 to stockholders of record Nov. 16. The dividend rate increased 5 cents per share over the preceding quarter.
Toggle Summary ChevronTexaco Reports Third Quarter Operating Earnings of $531 Million For Former Texaco Operations
SAN FRANCISCO, Oct. 25 /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX) today reported third quarter net income of $101 million ($0.19 per share diluted) for the former operations of Texaco Inc., compared with net income of $798 million ($1.46 per share -- diluted) in the year-ago period.
Toggle Summary ChevronTexaco Reports Third Quarter Net Income Of Nearly $1.2 Billion for Former Chevron Operations
SAN FRANCISCO, Oct. 25 /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX) today reported net income of $1.168 billion ($1.82 per share -- diluted) for third quarter 2001 for the former operations of Chevron Corp., compared with third quarter 2000 net income of $1.531 billion ($2.35 per share --