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  2. Nearly one year later, on October 9, 2001, the shareholders of Chevron and Texaco voted to approve the merger, and ChevronTexaco Corp. began doing business that same day. The company became the second largest U.S.-based energy company, with more than 11 billion barrels of oil and equivalent gas reserves and 2.4 million barrels per day of ...

  3. Sep 8, 2001 · ChevronTexaco will also divest Texaco's interest in the Discovery Pipeline system within six months of the merger date, and ChevronTexaco will divest Texaco's interest in the...

  4. en.wikipedia.org › wiki › TexacoTexaco - Wikipedia

    In October 2000, Chevron Corporation agreed to buy Texaco for $36 billion. The merger was completed October 9, 2001. As required by the FTC consent agreement, Texaco's interest in the Equilon and Motiva joint ventures were sold to Shell. Shell began re-branding its Texaco stations as Shell the next year.

  5. Sep 7, 2001 · Through an agreement and merger plan dated October 14, 2000, Chevron agreed to acquire all of the outstanding common stock of Texaco in exchange for stock in Chevron. As a result of the merger, Chevron's shareholders will hold approximately 61 percent, and Texaco's shareholders will hold approximately 39 percent, of the new combined company.

  6. May 9, 2005 · SAN RAMON, Calif., May 9 /PRNewswire-FirstCall/ -- In a move to present a clear, strong and unified presence in the global marketplace, ChevronTexaco Corporation is changing its name to Chevron Corporation (NYSE: CVX), effective immediately.

  7. Nov 8, 2000 · November 8, 2000 • 7 min read. When Texaco agreed to be acquired by Chevron earlier this month, the deal reflected what has become a new reality in the oil business: That big oil companies need to be even bigger today to compete globally, and the way to get there is through economies of scale.

  8. Sep 7, 2001 · Sept. 7, 2001. The US Federal Trade Commission (FTC) has finally approved a consent order, clearing the way for Chevron Corp. and Texaco Inc. to complete their merger into ChevronTexaco Corp....

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