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
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.
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
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
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.
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.
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 --
SAN FRANCISCO, Oct. 24 /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX) and General Motors Corp. today announced a multi-year research collaboration to speed up the pace at which gasoline-fed fuel cell vehicles move into the market. ChevronTexaco brings technologies developed for refinery and
SAN FRANCISCO, Oct 16, 2001 -- Texaco Capital LLC, a limited life company organized under the laws of the Turks and Caicos Islands ("Texaco Capital") and an indirect wholly owned subsidiary of ChevronTexaco Corporation (NYSE: CVX) ("ChevronTexaco"), has issued a notice of redemption of the
SAN FRANCISCO, Oct 12, 2001 /PRNewswire via COMTEX/ -- Peter Robertson, George Kirkland and Ray Wilcox Appointed to Executive Upstream Leadership Positions ChevronTexaco Corp. (NYSE: CVX) today announced that ChevronTexaco Vice Chairman Richard Matzke will retire early next year after more than 40
