
facility provide Marathon with flexibility. CEO Clarence Cazalot came to the company in 2000 after rising through the ranks at Texaco for nearly 30 years. He had been the head of production there and was brought on largely to improve Marathon's upstream performance
interview with Marathon Oil Corporation ( MRO ) CEO Clarence Cazalot. Mr. Cazalot started his career at Texaco , rising to the post of president of Texaco ’s worldwide production operations in his 27-year career there. He joined USX Corporation in
corruption tied to the action. Though the news won't alter the judgement in the case over environmental damage caused by Texaco , it gives Chevron attorneys something to work with as they think about negotiating a partial settlement. Post your comment
Chevron ( CVX +0.2% ) wins a $96M award in an arbitration case against the Ecuadorian government at an international court in The Hague. The commercial claims dating back to the earlier 90s were originally filed by Texaco . Post your comment!
four major product pipelines, 11 fuel terminals, a 14,000 barrel per day aviation fuels business, and more than 1,000 Texaco -branded wholesale sites. In addition, Valero will acquire working capital worth about $1 billion, though that amount could
Pembroke refinery in the U.K., plus ownership interests in four product pipelines, 11 fuel terminals, and 1,000+ Texaco -branded wholesale sites. Whispers about the deal had suggested the purchase price would be higher. ( PR ) Post your comment
four major product pipelines, 11 fuel terminals, a 14,000 barrel-per-day aviation fuels business and more than 1,000 Texaco -branded wholesale sites. In addition, Valero will acquire working capital worth about $1 billion, though that amount could
the amount to double if the company does not publicly apologize within 15 days. The judgment stems from a lawsuit alleging Texaco , acquired by Chevron in 2001, polluted and damaged the country's rain forest during its time operating there from 1965 to
The plaintiffs, residents of the Amazon rain forest, claim Texaco caused the pollution between 1965 and 1992 and are trying to hold Chevron accountable because it acquired Texaco in 2001. The fine for what's believed to be the largest-ever
court in Ecuador issues an $8B verdict against Chevron ( CVX +1.4% ) in an environmental suit the company inherited from Texaco . No worries for Chevron - an arbitration panel recently suspended Ecuador's ability to enforce any judgments against the