Press Releases

Date Title  
Toggle Summary ChevronTexaco Supports G-8 Sea Island Announcement of Nigeria's Participation in Transparency Pilot Partnership
SAN RAMON, Calif., June 10 -- ChevronTexaco today applauded the announcement that Nigerian President Olusegun Obasanjo and three other heads of state have concluded political compacts with the G-8 countries, which will support each government's program to fight corruption and improve transparency.
Toggle Summary ChevronTexaco Announces Sale of Western Canada Assets
SAN RAMON, Calif., May 25 -- ChevronTexaco Corp. (NYSE: CVX) today announced that its North America Exploration and Production Co. has sold 13 producing fields in western Canada to Acclaim Energy Trust and Enerplus Resources Fund for approximately $800 million.
Toggle Summary ChevronTexaco Announces Sale of Canadian Midstream Company
SAN RAMON, Calif., May 19 -- ChevronTexaco Corp. (NYSE: CVX) today announced that its wholly owned subsidiary Chevron Canada Resources (CCR) has reached an agreement to sell its EnerPro Midstream Co. to KeySpan Facilities Income Fund for approximately $190 million plus certain working capital
Toggle Summary ChevronTexaco Sells 150 U.S. Producing Properties to XTO Energy Inc.
SAN RAMON, Calif., May 17, 2004 -- ChevronTexaco Corp. (NYSE: CVX) today announced that its North America Exploration and Production Co. has sold a package of 150 onshore producing properties to XTO Energy Inc. (NYSE: XTO) for $1.1 billion. The properties are located in seven states, with more than
Toggle Summary ChevronTexaco Awarded Extension to Block 0 Concession in Angola
Concession Extended to 2030 WASHINGTON, May 13, 2004 -- ChevronTexaco today confirmed that the Angola Block 0 concession held by its wholly owned subsidiary Cabinda Gulf Oil Company Ltd. (CABGOC) has been extended beyond 2010 to 2030 by the government of Angola and national oil company, Sonangol.
Toggle Summary Plans Announced for GE Energy to Acquire ChevronTexaco's Gasification Technology Business
ATLANTA, Ga. and SAN RAMON, Calif., May 11, 2004 – GE Energy, a division of General Electric Company (NYSE: GE) and ChevronTexaco Worldwide Gasification Technology Inc., a subsidiary of ChevronTexaco Corporation (NYSE: CVX), today announced plans for GE Energy to acquire ChevronTexaco's
Toggle Summary ChevronTexaco MolecularDiamond Technologies Produces Research Quantities of Diamond Molecules From Petroleum
Production Milestone Follows Discovery of the New Class of Molecular Building Blocks RICHMOND, Calif., May 3, 2004 -- ChevronTexaco MolecularDiamond Technologies, a unit of ChevronTexaco Technology Ventures LLC, announced today that it has successfully been able to produce gram quantities of a new
Toggle Summary ChevronTexaco Reports Record Quarterly Net Income of $2.6 Billion
Income from continuing operations up 22 percent from year-ago quarter Profit increase driven by improved performance in refining, marketing and transportation business Exploration and production segment earns $2 billion on continued strong prices for crude oil and natural gas Progress reported in
Toggle Summary Former Salomon Inc Chairman Robert E. Denham Elected to ChevronTexaco Board of Directors
SAN RAMON, Calif., April 28 -- Robert E. Denham, a partner in the law firm of Munger, Tolles & Olson LLP and former chairman and chief executive officer of Salomon Inc, has been elected to the ChevronTexaco board of directors. Denham, 58, joined Salomon late in August 1991 as general counsel.
Toggle Summary ChevronTexaco Declares Dividend
SAN RAMON, Calif., April 28 -- The board of directors of ChevronTexaco Corp. (NYSE: CVX) today declared a quarterly dividend of 73 cents per share, payable June 10, 2004, to stockholders of record as of May 19, 2004. The dividend rate is unchanged from the preceding quarter.