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Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically ...
Criticism of Chevron. Chevron Corporation has been one of the most widely-criticized companies in the world, mostly stemming from its activities and involving climate change. Chevron's most widely-known scandal involves Texaco's activities in the Lago Agrio oil field, which Chevron is deemed responsible for due to its acquisition of Texaco in 2001.
Indian Oil Co. (1931–1943) Website. texaco.com. Texaco, Inc. ("The Texa s Co mpany") is an American oil brand owned and operated by Chevron Corporation. [5] Its flagship product is its fuel "Texaco with Techron ". It also owned the Havoline motor oil brand. Texaco was an independent company until its refining operations merged into Chevron in ...
Steven Robert Donziger (born September 14, 1961) [1] is an American attorney known for his legal battles with Chevron, particularly Aguinda v. Texaco, Inc. and other cases in which he represented over 30,000 farmers and indigenous people who suffered environmental damage and health problems caused by oil drilling in the Lago Agrio oil field of Ecuador.
Texaco, Inc. to force former well operator Texaco (acquired by Chevron Corporation in 2001) to clean up the area and provide for the care of the 30,000 inhabitants affected by oil contamination. In February 2011, an Ecuadorian court ordered Chevron to pay $8 billion in compensation.
Its yield currently stands at 3.6%, good for an annual payment of $3.60 per share. Risk Chevron is currently battling an $18 billion lawsuit in Ecuador. U.S. courts have repeatedly rejected ...
caltex.com. Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. [ 1 ] Headquartered in Singapore, it is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously Australia and South Africa) under a trademark licensing ...
Gulf Oil LP is an American oil company formed when Chevron Corporation acquired the naming rights to the Gulf Oil brand in the United States for $13 billion in 1985. [1] [5]By 2010, convenience store chain Cumberland Farms acquired all rights to the brand from Chevron, making it the sole owner and marketer in the country. [2]
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