USA: Chevron and Texaco Agree to $100 Billion Merger Creating Top-Tier Integrated Energy Company
Chevron Corporation (NYSE: CHV) and Texaco Inc. (NYSE: TX) today announced a merger that will create a company -- ChevronTexaco Corporation --?that ranks with the world's largest and most competitive international energy companies. The merger joins two leading energy companies and long-time partners to create a U.S.-based, global enterprise that is highly competitive across all energy sectors. ChevronTexaco will have world-class upstream positions in reserves, production and exploration opportunities; an integrated, worldwide refining and marketing business; a global chemicals business; significant growth platforms in natural gas and power; and industry leading skills in technology innovation.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable