Press Releases

Date Title  
Toggle Summary ChevronTexaco and Tenaris Announce International Supply Agreement for Oil Country Tubular Goods
SAN FRANCISCO, May 3, 2002 -- ChevronTexaco Corp. (NYSE: CVX) and Tenaris today announced a five-year agreement for Tenaris to supply ChevronTexaco's international requirements for well casing and production tubing, commonly known as oil country tubular goods (OCTG).
Toggle Summary ChevronTexaco Reports First Quarter Net Income of $725 Million And Operating Earnings of $931 Million
-- Exploration and production earnings decline on lower prices for crude oil and natural gas -- U.S. refining, marketing and transportation operations incur net loss for 2002 quarter -- Merger synergy activities on track to capture savings target of $1.8 billion annually SAN FRANCISCO, Apr 25, 2002
Toggle Summary ChevronTexaco Declares Dividend
SAN FRANCISCO, Apr 24, 2002 -- The Board of Directors of ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 70 cents per share, payable June 10, 2002, to stockholders of record as of May 17, 2002. The dividend rate is unchanged from the preceding quarter.
Toggle Summary ChevronTexaco Unit Signs Agreement to Sell Interest in Natural Gas Liquid Fractionator Sale Mandated in U.S. Federal Trade Commission Consent Order
SAN FRANCISCO, Apr 23, 2002 -- ChevronTexaco (NYSE: CVX) today announced that its Texaco Exploration and Production Inc. unit has signed an agreement to sell its 12.5 percent ownership interest in a natural gas liquid fractionator to Enterprise Products Partners L.P.
Toggle Summary Chevron Energy Solutions Adds Federal Unit of Planergy International
SAN FRANCISCO, Apr 23, 2002 -- ChevronTexaco (NYSE: CVX) today announced that Chevron Energy Solutions, a wholly-owned subsidiary, has acquired the federal business unit of Planergy International, a wholly-owned subsidiary of Xcel Energy Inc. (NYSE: XEL). Based in St.
Toggle Summary ChevronTexaco Makes Discovery at 'Tahiti' Prospect in Deep Water Gulf of Mexico
NEW ORLEANS, Apr 1, 2002 -- ChevronTexaco (NYSE: CVX) today announced a significant discovery at the Tahiti Prospect located in Green Canyon Block 640. The block is approximately 190 miles southwest of New Orleans. The Tahiti #1 well is located in approximately 4,017 feet of water and was drilled
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