Texaco Inc. is a fully integrated energy company engaged in exploring for and producing oil and natural gas; manufacturing and marketing high-quality fuels and lubricant products; operating trading, transportation and distribution facilities; and producing power. Directly and through affiliates, Texaco operates in more than 150 countries.
Exploration & Production
Refining, Marketing & Distribution
A few years ago Texaco recognized that to succeed in the highly competitive U.S. retail and refining business, we needed greater efficiency and superior market share. As a result Texaco formed two major joint ventures. Equilon combines the elements of Texaco's and Shell's Western and Midwestern U.S. refining and marketing businesses and their nationwide transportation and lubricants business. Motiva combines the refining and marketing businesses of Texaco, Shell and Saudi Aramco in the East and Gulf Coast. These alliances are streamlining their operations, continuing to capitalize on value-enhancing synergies and building superior market share in their focus areas.
Global Gas, Power & Energy Technology
Texaco is also actively engaged in the development and commercialization of environmentally smart advanced technologies such as fuel cells, photovoltaics, advanced batteries and hydrogen storage. Market forces and rising environmental standards are driving the development of the next generation of energy products and we are positioning ourselves to be leaders in this technological future.
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2000 Westchester Avenue
White Plains, NY 10650
Revenues: $51.1 billion
Net Income: $2.5 billion
Earnings per Share: $4.65
Return on Capital