Advertisement
YOU ARE HERE: LAT HomeCollectionsChevron
IN THE NEWS

Chevron

BUSINESS
August 8, 2012 | By Ronald D. White and Maria L. La Ganga, Los Angeles Times
RICHMOND, Calif. - California gasoline prices could surge at least 35 cents a gallon this week as fire damage is assessed at the huge Chevron Corp. refinery here, raising fresh concerns about the toll on consumers coping with a tepid economic recovery. "It could get very ugly, very fast," said Patrick DeHaan, senior petroleum analyst for the price-watch websites run by GasBuddy.com. A long-term shutdown could be extremely expensive for drivers, he said. He pointed to a February blaze at a BP refinery in Washington state that left the plant out of commission until May and caused Pacific Northwest gasoline prices to increase about 70 cents to $4.40 a gallon.
Advertisement
CALIFORNIA | LOCAL
October 13, 2012 | By Jeff Gottlieb, Los Angeles Times
A Los Angeles County civil grand jury is investigating an 18-year-old agreement that allowed Chevron to avoid paying El Segundo millions of dollars in back taxes on its refinery, raising questions about Chevron's influence over the town it helped build. Doug Willmore, El Segundo's former city manager who was fired after raising questions about Chevron's taxes, said he spoke to grand jury members Sept. 19 for about 21/2 hours. Grand jurors told him they expected to issue a report.
OPINION
May 17, 2011
Children who labor Re " Where coal mining is often child's work ," May 15 The harrowing article and pictures depicting child miners in India who are paid a pittance for body-racking labor and doomed to an early death show the inevitable result of unrestricted corporations coupled with an impotent labor force. Those who would destroy labor unions and denigrate workers' rights — while fighting for unfettered corporate excesses earned on the backs of cheap labor — should look to the reality of children worked to death for the sake of higher profits.
BUSINESS
February 12, 1987 | LESLIE BERKMAN
Chevron Corp. said it has completed an $80-million acquisition of the 102,000 shares of the Huntington Beach Co. it does not already own. Chevron already owned 66% of the real estate development and mineral firm headquartered in Huntington Beach. The deal, a tax-free exchange of stock, calls for shareholders of the Huntington Beach Co. to receive 14.77 shares of Chevron common stock for each of their shares of Huntington Beach Co. common stock. Huntington Beach Co.
BUSINESS
May 12, 2007 | From the Associated Press
Chevron Corp. temporarily shut down some operations in Nigeria's offshore waters Friday as the second-largest U.S. oil company scrambled to protect its workers and equipment from rampant violence that threatens to drive up gasoline prices. The San Ramon, Calif.
BUSINESS
August 3, 1985 | Associated Press
Chevron said Friday that it has sold a majority of its holding in Gulf Canada for $1.8 billion as part of its effort to reduce the huge debt stemming from its acquisition of Gulf. Chevron had announced a tentative agreement in late May to sell its 60% stake in Gulf Canada to Olympia & York Developments of Toronto, but the deal's completion had been put off by the Canadian company.
BUSINESS
December 11, 1985
The San Francisco oil company said it completed the previously announced sale of its interest in the Bluebell-Altamont oil field to Houston-based Proven Properties for $360 million. Proven Properties is 49% owned by Pennzoil. The sale includes Chevron's interest in 330 wells, 132 of which it operated, in the 600-square-mile field.
CALIFORNIA | LOCAL
April 23, 1992 | GEORGE HATCH, TIMES STAFF WRITER
Chevron won a key fight this week over whether its El Segundo oil refinery should continue discharging treated waste water into the ocean within 300 feet of shore. But the battle is far from over. Chevron's victory came Monday, when the State Regional Water Quality Control Board, over the objections of environmentalists, approved a five-year permit allowing the refinery to send 7.9 million gallons of waste water daily into Santa Monica Bay.
BUSINESS
July 19, 1985 | DENISE GELLENE, Times Staff Writer
Chevron Corp. said Thursday that it might sell its Philadephia refinery and 4,000 gas stations in 12 Eastern states to help reduce its huge $14.1-billion debt. A spokesman for the San Francisco-based oil company said that it is circulating an information package among potential buyers but that a formal decision to sell the Northeastern refining and marketing assets hasn't been made.
BUSINESS
December 14, 1985 | DENISE GELLENE, Times Staff Writer
Chevron is no longer looking for a buyer for its refinery in Philadelphia but may sell some low-producing oil wells in the Southwest, a spokesman for the San Francisco-based oil company said Friday. The company tried to sell its 176,000-barrel-a-day refinery in Philadelphia along with a network of 4,000 gas stations earlier this year. Last month, it found a buyer for the gas stations in Cumberland Farms, a Canton, Mass.
Los Angeles Times Articles
|