SAN FRANCISCO, Jul 31, 2002 -- The Board of Directors of ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 70 cents per share, payable Sept. 10, 2002, to stockholders of record as of Aug. 19, 2002. The dividend rate is unchanged from the preceding quarter.
SAN FRANCISCO, Jul 30, 2002 -- ChevronTexaco Corp. (NYSE: CVX) today reported preliminary net income of $407 million ($0.39 per share - diluted) for second quarter 2002, compared with second quarter 2001 net income of $2.108 billion ($1.99 per share - diluted).
SAN FRANCISCO, Jul 25, 2002 -- ChevronTexaco Corp. today announced an eighth significant discovery in Angola's prolific deepwater Block 14. The latest find -- Gabela -- is situated to the south of the existing Tombua discovery. The Gabela-1 exploration well was drilled in 1,051 feet (320 meters) of
SAN FRANCISCO, Jul 2, 2002 -- ChevronTexaco Corp. (NYSE: CVX) today announced that R. Bruce Marsh, general tax counsel, has elected to retire after a distinguished 31-year career with the company. "Bruce has been an effective leader during his career at Chevron and was integral in guiding us
New Annual Synergy Rate Targeted for April 2003; Previous $1.8 Billion Objective to Be Met Six Months Ahead of Schedule Operational and Financial Goals Confirmed to Increase Oil and Gas Production And Improve Returns on Capital Employed NEW YORK, June 19 -- ChevronTexaco Corp.
SAN FRANCISCO, Jun 3, 2002 -- ChevronTexaco (NYSE: CVX) today announced that it closed the sale of its 33.3 percent interest in the Discovery Pipeline System to Duke Energy Field Services. Financial details of the agreement were not disclosed. The divestiture was mandated in a consent order by the
SAN FRANCISCO, May 28, 2002 -- ChevronTexaco Corp. (NYSE: CVX) issued the following statement concerning the actions announced today by Dynegy Inc. (NYSE: DYN), which included the appointment of ChevronTexaco Vice Chairman Glenn F. Tilton as interim chairman of Dynegy: "ChevronTexaco supports the
Beijing, People's Republic of China, May 17, 2002 -- ChevronTexaco and partners, Petronas Carigali (the exploration and production arm of Petronas, Malaysia's state-owned petroleum corporation), and CNOOC Ltd. have confirmed an oil discovery in the Liaodong Bay 02/31 Block in Bohai Bay, China.
Cites company's achievement of initial $1.2 billion annual synergy target rate, on track for $1.8 billion by early 2003; Details financial and operational highlights; Outlines company's vision "to be the global energy company most admired for its people, partnership and performance." SAN RAMON,
SAN FRANCISCO, May 14, 2002 -- Chevron Petroleum Nigeria Ltd., an affiliate of ChevronTexaco Corp. (NYSE: CVX), today announced the second oil discovery on deep water Nigerian block OPL 222, which is operated by Elf Petroleum Nigeria Ltd. The Usan-1 exploration oil discovery well is located
