July 19, 1985 |
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.
December 14, 1985 |
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.
December 10, 2010 |
It's not quite the Gulf Coast, but Salt Lake City has developed a persistent problem with oil spills. The federal Department of Transportation ordered Chevron this week to temporarily close a pipeline running through the city after the second spill there in six months. The first incident happened in June while the BP spill was gushing thousands of gallons of crude into the Gulf of Mexico. The Salt Lake City pipeline, which carries oil from a western Colorado terminal to a Utah refinery, leaked, sending 800 gallons into the Jordan River.
November 15, 1986 |
After months of controversy, Chevron Inc. has received the green light to build Platform Gail, a giant $150-million oil-drilling rig to be located in the Santa Barbara Channel near the Channel Islands National Park. After construction of the platform was blocked twice by the California Coastal Commission, Chevron's lawyers appealed to the U.S.
January 30, 1985
Chevron Corp. reported net income for 1984 slipped 3.5%, while its fourth-quarter earnings rose 7.7% from the same period a year ago. For all of 1984, the San Francisco-based oil company reported net income of $1.53 billion, down from 1983's $1.59 billion. Revenue held steady at $29.2 billion. The company spent a record $13.3 billion in 1984 to buy Gulf Corp. In 1984, the company also changed its name to Chevron from Standard Oil Co. of California. George M.
October 15, 1986 |
Chevron Corp. said Tuesday that a sweetened $80-million offer for the remaining one-third of Huntington Beach Co. has tentatively been accepted and a merger of the two oil and land-development companies is scheduled for early next year. The deal, a tax free exchange of stock, calls for Chevron to give Huntington Beach Co. shareholders $780 worth of Chevron stock for each share of Huntington Beach. There are approximately 102,000 shares of Huntington Beach Co. stock outstanding.
July 18, 2005 |
Chevron Corp. Vice Chairman Peter Robertson has a message for rival CNOOC Ltd. -- don't take it personally. For the last month, Robertson has been the public face of Chevron as the San Ramon oil giant tries to undercut CNOOC's chances in what has become a caustic and politically charged battle for Unocal Corp. and its worldwide energy assets.
CALIFORNIA | LOCAL
September 22, 1987 |
Driving to his Mission Hills home from his systems-engineering job at Northrop one night last week, Bob Ramsay pulled his car into his driveway, stepped out and immediately felt sick to his stomach. "I just got out of the car and said, 'Gosh, I don't feel good,' " said Ramsay, 61. He said his eyes burned as in "a heavy smog attack" and his senses were assaulted by odors "that just about took your head off." He is not sure why he has been feeling ill recently, but he knows he is not alone.
August 14, 2012 |
Stay inside, close your windows and doors, and turn off air conditioning and heating units. Pets and all children in sporting activities should be brought inside, and have duct tape ready should you need to further seal windows and doors. These are among the "shelter in place" warnings made to Bay Area residents last week in response to a massive fire at the Chevron Corp. refinery in Richmond. The fire burned out of control for more than five hours, sending a giant black cloud of toxic chemicals, including sulfur dioxide and nitrogen oxide, thousands of feet into the air and out across the bay. While automated calls went to more than 18,000 people, some 160,000 residents live in the areas directly affected by the warning.
CALIFORNIA | LOCAL
May 22, 2012 |
SACRAMENTO — Nearly a year after a Kern County oil worker was sucked underground and boiled to death, state authorities have turned to the two leading oil companies involved in the incident to investigate it. On Monday, the Division of Oil, Gas and Geothermal Resources released a report outlining the circumstances of the worker's death, and subsequent oil spills and eruptions, in a field where Chevron and another operator were using steam extraction....