Press Releases

Date Title  
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
Toggle Summary Alto Technology Resources Names Barbara J. Dunn CEO
HOUSTON, Jan. 22 -- Alto Technology Resources Inc., a leader in hyperspectral remote sensing imaging, today announced that Barbara J. Dunn has been named chief executive officer of the Houston, Texas-based company. In a related move, Dr. Alfredo Prelat was named president and chief technology
Toggle Summary ChevronTexaco and Compass Announce Largest Agreement in Catering Industry History
SAN FRANCISCO and LONDON, January 14, 2002 -- ChevronTexaco Corp. and Compass Group today announced finalization of a 10-year "Preferred Supplier" agreement believed to be the largest ever negotiated in the catering industry. The agreement, valued at more than $200 million a year, covers catering
Toggle Summary ChevronTexaco, Energy Conversion Devices Team to Commercialize Solar, Hydrogen Technologies
SAN FRANCISCO, Dec. 20, 2001 – ChevronTexaco (NYSE: CVX) announced today that its energy services subsidiary, Chevron Energy Solutions, LP (Chevron ES), is collaborating with a pioneering technology and manufacturing affiliate, Energy Conversion Devices, Inc.
Toggle Summary ChevronTexaco Forms Gulf Lubricants Company
New Company Offers Direct Service to Lubricants Customers SAN RAMON, Calif., Dec 19, 2001 /PRNewswire via COMTEX/ --ChevronTexaco (NYSE: CVX) today announced the formation of Gulf Lubricants Co., a ChevronTexaco company that will manufacture and market a wide range of quality lubricants, engine
Toggle Summary ChevronTexaco Comments on Announcement of Definitive Agreement for Sale Of Former Texaco U.S. Downstream Interests
SAN FRANCISCO, Dec. 12, 2001 /PRNewswire/ -- ChevronTexaco Corp. (NYSE: CVX) today issued the following statement about the signing of definitive agreements for the sale of U.S. downstream interests that were formerly held by subsidiaries of Texaco Inc.
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