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Chevrontexaco Corp

CALIFORNIA | LOCAL
January 17, 2004 | From Times Staff and Wire Reports
Chevron has agreed to pay $328,275 to settle a civil lawsuit that alleges the company violated air regulations at its Richmond refinery, the Contra Costa County district attorney's office said. Chevron will pay $278,275 in civil penalties, the district attorney's office announced this week. The remaining $50,000 will go to the Contra Costa County Community Awareness and Emergency Response Group for improvements to a telephone warning system in Richmond, North Richmond and San Pablo.
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BUSINESS
December 10, 2003 | Elizabeth Douglass, Times Staff Writer
Stepping up its restructuring efforts in North America, ChevronTexaco Corp. said late Monday that it would consolidate some offices in Houston, cut as many as 200 jobs and sell hundreds of additional declining oil and natural gas properties in 15 states and the Gulf of Mexico. The company, based in San Ramon, Calif.
BUSINESS
November 18, 2003 | From Bloomberg News
ChevronTexaco Corp., the second-largest U.S. oil company, said Monday that it had received government approval to construct the first U.S. offshore terminal for imports of liquefied natural gas. The company, based in San Ramon in the Bay Area, said that the Port Pelican project would be about 40 miles off the coast of Louisiana and estimated that it would cost more than $800 million. The terminal will have a capacity of 1.
BUSINESS
November 3, 2003 | Michael Hiltzik
Revenge is the sort of motivating force that makes even strong men hesitate. Thus Hamlet, agonizing over the human implications of his impulse to avenge his father's murder, could scarcely bring himself to act at the moment of truth, with his uncle's unguarded back inviting the plunging knife. Big corporations like ChevronTexaco Corp., however, aren't so constrained by human sensitivity.
BUSINESS
November 1, 2003 | Elizabeth Douglass, Times Staff Writer
ChevronTexaco Corp. shares jumped Friday as the nation's No. 2 oil company unveiled its largest quarterly profit in two years, boosted mostly by higher prices for oil and West Coast gasoline. The San Ramon, Calif.-based company said third-quarter net income totaled $1.98 billion, or $2.02 a share, contrasted with a loss of $904 million, or 85 cents, in the write-off-plagued third quarter of 2002. Setting aside special charges and gains, ChevronTexaco's profit amounted to $1.
BUSINESS
October 31, 2003 | Elizabeth Douglass, Times Staff Writer
ChevronTexaco Corp. on Thursday unveiled plans to build a $650-million natural gas terminal off the coast of Tijuana that could boost imports of the fuel to California and the West by the end of 2007. The proposal follows an August announcement by the San Ramon, Calif.
BUSINESS
October 22, 2003 | From Bloomberg News
ChevronTexaco Corp. sought the dismissal of a claim to pay as much as $1 billion to clean up environmental damage to the Amazon as a court in Ecuador took up the case. The company is accused by 46 Ecuadoreans of dumping about 18 billion gallons of toxic petroleum byproducts during drilling and exploration in the rain forest from 1971 to the early 1990s. Legal representatives for the San Ramon, Calif.-based company appeared before a judge in Lago Agrio to ask that the case be dismissed. The U.S.
CALIFORNIA | LOCAL
October 17, 2003 | From Associated Press
ChevronTexaco Corp. agreed Thursday to spend an estimated $275 million to reduce emissions at two California refineries and three others across the nation. The action settles a federal air pollution lawsuit. State and federal regulators accused the San Ramon-based oil giant, the nation's second-largest oil concern, of emitting more pollution than its permits allowed and modifying refineries without government approval.
BUSINESS
September 24, 2003 | From Bloomberg News
ChevronTexaco Corp., the second-biggest U.S. oil company, said it expected to sell 100 North American oil and natural gas fields by the end of this month. The fields, which produce the equivalent of 25,000 barrels of oil a day, are located mostly in California, Texas, Louisiana, Oklahoma, Wyoming and Canada's Alberta province, company spokesman Johnny Ng said. ChevronTexaco put the properties up for sale in April.
BUSINESS
September 23, 2003 | From Bloomberg News
ChevronTexaco Corp., Royal Dutch/Shell Group and rivals are studying pumping natural gas across Australia through a pipeline costing more than $668 million to tap rising demand in the populous eastern states. Two trans-continental routes were being evaluated to ship gas as far as 2,486 miles from fields off northwestern Australia to cities such as Sydney, said Daniel Smith, a Western Australian government spokesman.
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