Company shortens name to Chevron Corp.
Tuesday, May 10, 2005 | 9:39 a.m.
ChevronTexaco Corp. shortened its name to Chevron Corp. on Monday, reverting to its identity before the oil company took over one of its largest rivals 3 1/2 years ago.
The San Ramon-based company adopted a hybrid name after buying Texaco Inc. for $39 billion in October 2001. Texaco is being dropped from the corporate masthead to reduce the confusion caused by the combined name, Chevron Chairman David O'Reilly said.
The Texaco brand won't disappear. Chevron still intends to sell gasoline at Texaco stations scattered in 21 states, primarily in the South and East. The company also sells gas under the Chevron and Caltex brands.
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