TEXACO INC. Petroleum refining 1311 Crude petroleum and natural gas 1321 Natural gas liquids



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Localização: White Plains, New York Estados Unidos Ano de fundação: 1902 Outros Nomes: Monterey Resource _ Fusão TEXACO INC. Negócios: Manufatura: produtos do petróleo: butadiene, óleo e gás. SIC codes (s): 2911 Petroleum refining 1311 Crude petroleum and natural gas 1321 Natural gas liquids SIC Industry Name: Petroleum and Coal Products Vendas Anuais: US$30,910 bilhões em1998 e US$ 34,98 bilhões em 1999 Vendas/ empregado: $1,255,076 em 1998 e $ 1,420,132 em 1999 24,628 empregados Característica: Sociedade anônima, headquarters location Internet: www.texaco.com Subsidiárias: Subsidiaries Four Star Oil and Gas Company Heddington Insurance Ltd. MVP Production Inc. Refineria Panama, S.A. S.A. Texaco Belgium N.V. Saudi Arabian Texaco Inc. TEPI Holdings Inc. TRMI Holdings Inc. Texaco Brazil S.A. - Produtos de Petroleo Texaco California Inc. Texaco Caribbean Inc. Texaco Cogeneration Company Texaco Denmark Inc. Texaco Exploration and Production Inc. Texaco International Trader Inc. Texaco Investments (Netherlands), Inc. Texaco Limited Texaco Natural Gas Inc. Texaco Nederland B.V. Texaco North Sea U.K. Company Texaco Overseas Holdings Inc. Texaco Panama Inc. Texaco Raffinaderij Pernis B.V. Texaco Refining and Marketing Inc. Texaco Refining and Marketing (East) Inc. Texaco Trading and Transportation Inc. Texaco Trinidad Inc. Texas Petroleum Company Bridgeline Gas Distribution L.L.C. FAMM L.L.C. Texaco Oil (Britain) Ltd. Data de atualização: 03/01/2000 info-trac e 31/03/00 wisi profile Descrição dos negócios: 1

A Co. e suas companhias subsidiárias, junto com as filiais com 50% ou menos de propriedade, representam um empreendimento empenhado principalmente na exploração global e produção, transporte, refinamento e comércio de óleo cru, gás natural líquido, gás natural e produtos do petróleo. As operações globais da Co. são principalmente três: produção a montante upstream (exploração e produção), produção a jusante dowstream (manufatura, comércio e distribuição) e mercado global de gás. A Co., através da unidade Texaco International Marketing and Manufacturing (TIMM) conduz os negócios em uns 60 países por toda a América Latina, Caribe, Europa e Oeste da África. As principais linhas de negócios desta unidade são vendas a prazo e comércio de combustível e lubrificantes, e refinamento de petróleo. As operações a jusante dowstream da Co. nos Estados Unidos incluem as operações de Equilon Enterprises LLC e Motiva Enterprises LLC. Equilon e Motiva são propriedade da Equiva Trading Company, a qual funciona como a unidade de comércio para as duas companhias. Elas também possuem a Equiva Services LLC, a qual supre a propriedade financeira, administrativa, técnica e outras operações de suporte para ambas as companhias. Equilon refina e comercializa gasolina e outros produtos do petróleo ambos sob os nomes das marcas Texaco e Shell em todos ou em partes de 32 Estados. Equilon tem 6 refinarias localizadas em: Anacortes, Washington, Bakersfield, Califórnia, El Dorado, Kansas, Martinez, California, Los Angeles, California e Wood River, Illinois. Equilon é proprietária ou tem ações (interesse) em 66 terminais de óleo cru e produtos. Distribui produtos para aproximadamente 9.400 estações de serviços. Motiva refina e comercializa gasolina e outros produtos do petróleo sob os nomes das marcas Texaco e Shell em todos ou em partes de 26 Estados e o Distrito da Columbia, desde que 14.200 produtos para a Shell e Texaco - distribuidora de venda a varejo. A companhia possui e opera 610 distribuidoras de venda a varejo-- 45 com a marca (bandeira) Shell e 565 com a marca Texaco. Motiva possui e arrenda 2.325 distribuidoras de venda a varejo 1705 com a marca Shell e 620 com a marca Texaco - e têm 645 mercados de venda por atacado independentes e 400 varejistas abertos (open retailers). As refinarias da Motiva estão localizadas em: Convent, Lousiana, Delaware City, Delaware, Norco, 2

Lousiana e Port Arthur, Texas. Motiva também possui ou tem ações em 47 terminais de produtos. Equiva Trading conduz um largo e crescente interesse na atividade de comércio da Equilon. Equiva Tranding compra e vende o excesso de 7 milhões de barris de hidrocarbonos por dia no mercado físico. Linhas específicas de negócios incluem: aquisição, venda e comércio doméstico e internacional de óleo cru e produtos; aquisição e comércio de arrendamento de óleo cru; marine chartering, e suporte e serviços de risco de gerência. Equiva Services abastece áreas de serviços tal como administração de marcas, venda a varejo, operações, contabilidade, taxas, tesouraria, informações tecnológicas, segurança, saúde e meio ambiente. Caltex refina óleo cru e comercializa petróleo e produtos de conveniência através de suas subsidiárias e filiais, e também está envolvida na distribuição, embarcação, estocagem, comercialização, abastecimento e operações de comércio. Caltex tem ações em 13 refinarias de combustível com capacidade de refinar 978.000 barris por dia. Adicionalmente, tem ações em 2 refinarias de lubrificantes, 6 plantas de asfaltos, 17 plantas misturadoras de óleo lubrificante e mais de 500 terminais oceânicos e depósitos. Caltex continua sendo uma abastecedora de produtos refinados através de suas refinarias no sul da Coréia, Cingapura e Tailândia, onde a refinaria Star está sendo integrada com a refinaria vizinha da Shell. Sua organização comercial fornece serviço 24-horas para o sistema Caltex e para 3 partes que requerem óleo cru, estoque de matéria prima, óleos base e produtos refinados. A Texaco Global Gás & Power da Co. é a unidade de desenvolvimento, projetos, comercialização, engenharia, finanças, propriedades e operações de co-produção, energia e ciclo combinado - integrated combined-cycle (IGCC) para os projetos de energia elétrica, refino e indústria química global. O negócio de energia da Co. inclui geração de energia convencional e co - produção de energia e uma única força produtiva. Nós também desenvolvemos, operações e investimentos em projetos de energia. INFORMAÇÕES ADICIONAIS: 3

A Texaco fez um negócio downstream a jusante - de grande impacto nos Estados Unidos quando combinou-se com a Shell e Saudi Aramco para criar dois grandes negócios nacionais de refino e comércio. Essa parceria trouxe benefícios para os consumidores ao redor do mundo. A união entre a Texaco e a Chevron, a seis anos atrás, para formar a Caltex que opera como refinaria e comércio em todas as partes do Pacífico da Ásia, África do Sul e Meio Leste, comprovou o trabalho em parceria. A partnering ventures da Texaco atravessa todos os setores de energia através da sociedade upstream com a Caltex Pacific Indonésia e da recente joint venture Fuel e Marine Marketing com a Chevron. PROPRIEDADE: A Co. mantem sua corporação headquarters em White Plains, N.Y. As tabelas abaixo sumarizam os poços de óleo e gás da Co.: Oil & Gas Acreage: Thousands of Acres Bruto/Total Líquido Producing Texaco Inc. and Consolidated Subsidiaries United States 3,200 1,792 Other Western 110 53 Hemisphere Europe 146 53 Other Eastern 645 156 Hemisphere Total 4,101 2,054 Equity in Affiliate 210 105 Total worldwide 4,311 2,159 Undeveloped Texaco Inc. and Consolidated Subsidiaries United States 8,820 6,091 Other Western 13,948 3,597 Hemisphere Europe 6,690 2,784 Other Eastern 57,494 28,663 Hemisphere Total 86,952 41,135 Equity in Affiliate 1,745 873 Total worldwide 88,697 42,008 Total oil and gas 93,008 44,167 acreage 4

Número de poços com capacidade de produção em 31 de Dezembro de 1998: Bruto/Total Líquido Oil wells Texaco Inc. and Consolidated Subsidiaries United States 33,876 18,033 Other Western 326 Hemisphere 109 Europe 258 75 Other Eastern 1,775 Hemisphere 652 Total 36,235 18,869 Equity in Affiliate 4,744 2,372 Total worldwide 40,979 21,241 Gas wells Texaco Inc. and Consolidated Subsidiaries United States 7,363 3,233 Other Western 33 Hemisphere 17 Europe 36 10 Other Eastern 34 Hemisphere 6 Total 7,466 3,266 Equity in Affiliate 47 24 Total worldwide 7,513 3,290 Oil & Gas Wells Completed: Oil Gas Net exploratory wells Texaco Inc. and Consolidated Subsidiaries United States 14 14 Other Western 2 Hemisphere Europe Other Eastern 4 4 Hemisphere Total 18 20 5

Equity in Affiliate 3 Total 21 20 worldwide Net development wells Texaco Inc. and Consolidated Subsidiaries United States 937 106 Other Western 109 3 Hemisphere Europe 21 2 Other Eastern 38 27 Hemisphere Total 1,105 138 Equity in Affiliate 271 Total 1,376 138 worldwide Dry wells completed: Dry Net exploratory wells Texaco Inc. and Consolidated Subsidiaries United States 26 Other Western Hemisphere 2 Europe 1 Other Eastern Hemisphere 2 Total 31 Total worldwide 31 Net development wells Texaco Inc. and Consolidated Subsidiaries United States 14 Total 14 Total worldwide 14 Quarterly News Highlights: News Report: 03/31/99 Pontos Especiais Financeiros Trimestrais ( em milhões): 03/31/99 03/31/98 Variance 03/31/99 12/31/98 Receita 6,914,000 7,922,000-1,008,000 6,914,000 31,707,000 Op. Inco 48,000 307,000-259,000 48,000 1,237,000 Líquida Inc. 199,000 234,000-35,000 199,000 578,000 EPS.35.41 -.06.35.99 Histórico: 6

Incorporated in Delaware, August 26, 1926, as The Texas Corp., and acquired by exchange of shares substantially all outstanding stock of The Texas Co., a Texas Corporation, which was organized in 1902. In 1927, formed The Texas Co., a Delaware corporation, to acquire all the property and assets of The Texas Co., a Texas corporation, which was then dissolved. Effective Nov. 1, 1941, The Texas Corp. merged The Texas Co. (Del.) and caused The Texas Co. (Cal.) to be dissolved. The Texas Corp. acquired all assets and assumed all liabilities of both these companies, and thereafter, became known as The Texas Co. to May 1, 1959, when present name was adopted. Note: For acquisitions and dispositions prior to 1980, see Moody's 1990 Manual. In Jan. 1980, Co. announced that it received payment of approx. $622,600,000 in exchange for its 17.04% capital stock interest in Belridge Oil Co. Co. received payment in accordance with the arrangement under which Shell Oil Co. acquired Belridge. In Aug. 1983, Co. sold its West Tulsa, Oklahoma, refinery to Sinclair Oil Corp., a closely held company. Co. had closed operation of refinery in August 1982. The sale price was not disclosed. In Dec. 1983, Co. completed the acquisition of substantially all of U.S. exploration and producing assets of Dome Petroleum Ltd., for a payment in cash and Co. stock. The interests acquired from Dome included production totaling about 5,220 barrels a day of crude oil, condensate, and natural gas liquids and 20,000,000 cubic ft. a day of natural gas. Also included in the acquisition are about 1,200,000 net undeveloped acres, of which some 283,000 net acres are in the Williston Basin. In Apr. 1984, Co. completed its purchase of most of European petroleum refining and marketing operations of Standard Oil Co. of California (now Chevron Corp.), including over 2,800 service stations. Co. bought Standard Oil Co.'s 68% of Pernis refinery in Netherlands and bought Standard Oil Co.'s Chevron marketing interests in Britain, Germany, the Netherlands, Belgium Luxembourg and Denmark. In June 1985, Co. sold Hawkeye Chemical Co. In Aug. 1985, Co., through Texaco Refining and Marketing Inc., sold its 40% 7

interest in Wyco Pipe Line Co. In Sept. 1985, Co. sold its stock interests in certain coal properties in the United States to Cyprus Coal Co. Also in Sept. 1985, Co. sold Getty Coal Co. to Utility Fuels, Inc. In Feb. 1986, Co. sold five marketing terminals and its interest in a refined products pipeline. On Dec. 31, 1986, Co. sold the manufacturing & marketing interests of Texaco Africa, Ltd. an indirectly owned subsidiary, which includes Texaco Ghana Ltd. In July 1987, Co. sold Nuclear Fuel Services Inc., In June 1988, Co. completed the sale of its 99.12% share of Deutsche Texaco A.G. In Feb. 1989, Co. completed the sale of its 78% interest in Texaco Canada Inc. Excluded from the sale were a small number of former Texaco Canada Inc. properties that were transferred to a newly formed company, Texaco Canada Petroleum Inc. In Feb. 1989, Co. announced that its wholly-owned subsidiary, Texaco Netherlands International Inc., and the Italian state company, Agip S.p.A. of the E.N.I. Group, amended an existing joint venture agreement with INA-Naftaplin, the Croatian National Oil Co., to acquire a new area in the Yugoslav sector of the Adriatic Sea. In Nov. 1989, Co. executed a merger agreement with Tana Production Corp. and various of its affiliated Co.'s to acquire oil and gas assets, in exchange for preferred stock and cash, with a total value of $476,500,000. The acquisition was structured as a merger and Co. paid $95,100,000 in cash and the remaining $381,400,000 in shares of a new, non-voting issue of Co., ser. E variable-rate pfd. stock. On Apr. 21, 1994, Co. sold Texaco Chemical Co., a wholly owned subsidiary, and substantially all of its Worldwide chemical operations, other than Co.'s lubricant additives business, to Huntsman Corporation, for $850,000,000 which consists of $650,000,000 in cash and $200,000,000 in subordinated notes. 8

In Aug. 1994, Co. completed the sale of its wholly owned subsidiary Neches Gas Distribution Company to Centana Energy Corp. Terms were not disclosed. In Dec. 1994, Co. completed the sale of interests in 15 Texas oil and gas properties to two independent companies for a combined sales totaled of more that $31,000,000. Petro-Hunt Corporation purchased from Texaco Exploration and Production Inc., a subsidiary of Co., various working and operating interests in 14 fields for approx. $20,500,000. North Central Oil Corporation acquired Texaco Exploration and Production Inc.'s 100% gross working interest in the Manvel Field for approx. $11,000,000. In 1994, Co. acquired a 30% interest in Nigeria's Oil Prospecting Licenses 213, 217 and 218 from Statoil, the Norwegian state oil company, and British Petorleum. On March 1, 1995, Co. completed the sale of more than 300 producing fields to Apache Corporation. The sale includes properties located in the Permian Basin of Texas, offshore Gulf of Mexico, onshore Louisiana, East and South Texas, the Rocky Mountains and the Mid-Continent area of the United States. On Aug. 1, 1995, Co., along with CPC International Inc. and CPC's subsidiary Enzyme Bio-Systems Ltd., sold Pekin Energy Company to Williams Energy Ventures, a subsidiary of The Williams Companies, Inc., for $167,000,000. On Feb. 29, 1996, Co. sold the Co.'s worldwide lubricant additives business for $196 million. Acquisition of Getty Oil Co.: On Feb. 17, 1984, Co. completed the purchase of approx. 76,000,000 shs. of Getty Oil Co.'s outstg. com. stk. Subsequently, merger procedures were completed and Getty became a wholly owned Co. subsidiary. The total cost of acquiring all of the 79,100,000 shs. was approx. $10,200,000,000 (approx. $128 per sh.). Co. acquired an integrated petroleum company primarily involved in the search for and production of crude oil and natural gas, although Getty also had a number of nonpetroleum activities. 9

The domestic oil and gas reserves are located offshore in the Gulf of Mexico and onshore in 21 states, mostly in California. Principal reserves abroad are in the United Kingdom sector of the North Sea and in the Partitioned Neutral Zone between Saudi Arabia and Kuwait. In addition to these substantial petroleum reserves, there were over 21 million net acres of undeveloped exploration holdings worldwide at yearend 1983, including many highly prospective U.S. leases in the Gulf of Mexico, the Santa Maria Basin offshore California, and the Overthrust Belt in the Rocky Mountains. Outside the United States, there are exploration rights in Canada, the People's Republic of China, Indonesia, Australia, Egypt, Spain, and the United Kingdom sector of the North Sea. The other operating assets include: Three U.S. refineries--the largest, in Delaware City, Delaware, has a rated capacity of 140,000 barrels of crude oil a day; the Bakersfield refinery, in California, has a rated crude oil capacity of about 38,000 barrels a day; the refinery in El Dorado, Kansas, has some 80,000 barrels a day of crude oil capacity. Bankruptcy and Reorganization: On Dec. 10, 1985 the 151st District Court of Harris County, Texas entered judgement for Pennzoil Co. against Co. in the amount of $11.1 billion in Pennzoil Co. vs. Texaco Inc., an action in which Pennzoil claimed that Co. tortiously interfered with Pennzoil's alleged contract to acquire a <fr,3/7>ths interest in Getty Oil Co. After efforts to reach a settlement with Pennzoil proved unsuccessful, and in order to protect and preserve Co.'s assets and properties from the attachments of liens by Pennzoil, on April 12, 1987, Co. and two of its financing subsidiaries each filed a voluntary petition for relief under Chapter 11, Title 11 of the United States Code with the United States Bankruptcy Court for the Southern District of New York. On April 7, 1988, the Plan of Reorganization became effective, and the Chapter 11 proceedings terminated. Co. made payments of $3 billion in cash to Pennzoil Company in settlement of the litigation initiated by Pennzoil 10

arising out of Co.'s acquisition of Getty Oil Co., approx. $2,000,000,000 to holders of debt securities which represented payments of interest and matured debt, and approx. $300,000,000 to the IRS and other creditors. Also, pursuant to the plan, all guarantees issued by Co. were fully reinstated and rendered unimpaired. Moreover, Co. and Pennzoil Co. released each other from all claims in connection with the acquisition of Getty Oil Co. In addition, a quarterly dividend of 75 cents per com. sh. was reinstated on April 15, 1988. Restructuring Programs: The first major asset sale under Co.'s restructuring program occurred in June of 1988 with the sale of Co.'s West German subsidiary, Deutsche Texaco A.G. (DTA), for more than $1.22 billion. In December, 1988, Star Enterprise, a joint venture with the Saudi Arabian oil Co., was formed. Star Enterprise refines, market, and distribute Texaco-branded products in 26 East and Gulf Coast states and the District of Columbia. Co. realized cash benefits and cash savings of approx. $1.8 billion through the formation of this joint venture. On Feb. 29, 1989, sold to Imperial Oil Limited a 78% interest in Texaco Canada Inc., held by Co., Texaco Overseas Holdings Inc. and Texaco Copyright 1999 Financial Information Services, Inc. FIS is a third party beneficiary to Investext. Under no circumstances shall FIS have any liability relating to the use of this report. Financial Corp. Under the agreement, payment was by promissory notes at the price of U.S. $34.36 per sh., or an aggregate price of approx. U.S. $3,240,000,000. On Jan. 29, 1989, the board of directors adopted, and in May 1989 the stockholders approved, a plan to implement the stockholder distribution phase of Co.'s restructuring program. The plan included the declaration of two special dividends consisting of cash and preferred stock with a total value of $8 per com. sh. or approx. $1.95 billion. Co. also plans to repurchase, $500,000,000 worth of its com. stk. Also on Jan. 29, 1989, Co. entered into a standstill agreement with certain companies controlled by Carl Icahn which settled all of their outstanding litigation. It also provided the Icahn Group will not purchase additional shs. of Co. com. stock, will vote shs. proportionately with those of the other 11

stockholders except with respect to special dividend payments, should it desire to do so. The standstill agreement provided benefits to the stockholders by allowing management to fully concentrate on its primary challenges, such as improving Co.'s overall profit margins and replacing its hydrocarbon reserves at competitive costs. On July 5, 1994, Co. announces worldwide plan for enhanced growth; steps outlined to increase growth, competitiveness and profitability. The action plan focuses on asset redeployment, the reduction of overheads totalling $300,000,000, and operating efficiencies through elimination of layers of supervision, cost control and strengthened core businesses. Upstream actions: (i) Approx. 50% of the more than 600 producing fields in the U.S. will be traded or sold. Future activities will be focused on those remaining core U.S. oil and gas assets, which accounts for more than 90% of the profits, cash flow, production and reserve base in the U.S. (ii) U.S. producing operations will be consolidated into fewer offices with reduced layers of supervision and broadened field level responsibilities. (iii) Internationally, aggressive rationalization programs also are under way, including the sale of heavy oil producing properties in Colombia. Midstream Actions: (i) Texaco Trading and Transportation Inc., is reducing several layers of activity and will focus on strengthening its crude oil supply capability, including improved capability to deliver imported crude oil to the Mid-Continent region. (ii) The Co. is actively engaged in the formation of a strategic alliance which will significantly reduce the cost of marine transportation while fully protecting quality and professionalism in meeting the Co.'s marine requirements. Downstream Actions: (i) Co.'s refining and marketing segments in the U.S. will consolidate units, eliminate layers of management and effect a more than 20% reduction in general administrative services and support costs. (ii) The Co. is on track to complete the sale of its lubricant additives business and open its proprietary-process PO/MTBE plant during 1994. The new facility in Port Neches, Tex., will produce some 400 million pounds per year of propylene oxide and 14,000 barrels per day of methyl tertiary butyl ether. (iii) A program of downstream regionalization is well under way in Europe and Latin America, reducing layers of management and consolidating accounting, financial and related activities. The programs also include asset monetization and rationalization. (iv) Bids are being received for the sale of Co.'s equity 12

interest in downstream activities in Nigeria and other West African countries. Implementation of Co.'s broad program is expected to result in the reduction of approx. 2,500 employees worldwide over the next 12 months. These reduction will be accomplished through normal attrition, retirements and separations. Where possible, the Co. will redeploy employees to areas of growth opportunities. On Feb. 29, 1996, Co. completed the disposition of its operations relating to the use of this report. classified as discontinued operations by completing the sale of its worldwide lubricant additives business to Ethyl Corporation for $136 million in cash and a three-year note with a face amount of $60 million. On March 19, 1997, Texaco Inc. and Shell Oil struck a deal to merge much of their U.S. refining and marketing businesses, and the companies said they would expand the accord if they reach agreement with Saudi Arabia, which jointly owns major refining assets with Texaco. The agreement will combine the so-called downstream operations of the company and Shell in the Midwest and West, including refining and marketing activities, as well as the companies' transportation and lubricants businesses. Shell will hold 56% of the new concern and the company would account for 14% of gasoline sales in the Western and Midwestern states. On March 24, 1997, Co. completed the sale of its remaining chemicals businesses to Huntsman Corp.'s specialty chemicals unit in a transaction valued at about $600 million. On April 1, 1997, Co.'s 50 percent owned affiliate, Caltex Petroleum Corporation's 40% interest in its Bahrain refining joint venture (Bapco) was sold to the Government of the State of Bahrain at approximately net book value. On November 4, 1997, Co. acquired all of the outstanding common stock of Monterey Resources (Monterey) in exchange for approximately 19 million shares of our common stock valued at $1.1 billion. The total purchase price was $1.4 billion. On December 31, 1997, CAL acquired the remaining 50% of APPL from its partner, a subsidiary of Pioneer International Limited. 13

TEXACO INC. Início do século XX (1902) F + A: 1926, incorporou em Delaware (EUA) como Texas Corp. 1927, formou a The Texas Co., uma corporação de Delaware, para adquirir toda a propriedade e ações da Texas Co., uma corporação do Texas, a qual foi dissolvida. 1941, The Texas Corp. fundiu The Texas Co. (Del.) e originou a The Texas Co. (Cal.). Adquiriu todas as ações e assumiu todas as responsabilidades das duas. OBS: Falta a evolução pré- 1980. ano Américas Europa Ásia 1983 V: Oklahoma 1 1983 A: EUA 2 1983 A: Europa 3 1984 V: EUA 4 1989 V: Canada 6 1989 A: Europa 7 1995 V: EUA 9 1986 V: África 5 1994 A: Nigéria 8 1 V: West Tulsa para Sinclair Oil Corp. 2 A: Dome Petroleum, essa aquisição inclui a produção de 5.220 barris por dia de óleo cru, condensado e gás natural líquido. 3 A: comprou mais uma refinaria de petróleo e operações de comércio da Standard Oil Co. da Califórnia (agora Chevron Corp.), incluindo 2.800 estações de serviços. Comprou 68% da refinaria Pernis nos Países Baixos e comprou ações da Chevron na Inglaterra, Alemanha, Nos Países Baixos, Bélgica, Luxemburgo e Dinamarca. 4 V: ações de certas propriedades de carvão nos EUA para a Cyprus Coal Co. 5 V: Texaco África, Ltd. E as subsidiárias que possuía, inclusive a Texaco Ghana Ltd. 14

6 V: 78% da Texaco Canadá Inc. 7 A: a subsidiária, Texaco Netherlands International, e a Agip S.p.A. do E.N.I. Group (Itália) em acordo com a Croatian National Oil Co., anunciou a aquisição de um setor da Adriatic Sea. na Iugoslávia 8 A: 30% de Licenças de Prospecção números 213, 217 e 218 da Statoil, a companhia estatal norueguesa de óleo, e petróleo britânica. 9 V: 300 produção de campo para Apache Corporation, inclui propriedades no Texas, Golfo do México, Louisiana, Montanhas Rochosas e Mid -Continent área dos EUA. Operações acionárias sem dados sobre o local: V: 1980, 17,04% da Belridge Oil Co para a Shell Oil Co. V: 1985, Hawakeye Chemical Co. V: 1985, 40% da Wyco Pipe Line Co., através da Texaco Refining and Marketing Inc. V: 1985, Getty Coal Co. para Utility Fuels Inc. V: 1986 5 terminais de comércio e suas ações em produtos refinados de oleodutos. V: 1987 Nuclear Fuel Services, Inc. V: 1988 99,12% da Deutsche Texaco A. G. F: 1989 com Tana Production Corp. e várias de suas filiais V: 1994 Texaco Chemical Co. para Huntsman Corporation V: 1994 15 propriedades de óleo e gás no Texas para 2 companhias independentes Petro- Hunt comprou a subsidiária da Texaco Exploration and Production Inc. e a North Central Oil Corporation adquiriu a Manvel Field Também da Texaco Exploration Production Inc. V: 1995 Pekin Energy Company para Williams Energy Ventures V: 1996 vendeu seus negócios de aditivos lubrificantes Aquisição de Getty Oil Co.: em 1984 completou a compra de aproximadamente 76milhões de ações da Getty Oil Co.Depois, que a fusão produtiva estava completa a companhia tornou-se uma subsidiária da Co. Informações adicionais: A Texaco mantém tem importância na Nigéria desde 1913 a través de suas subsidiárias Texaco Nigéria Plc (TNPlc) e Texaco Overseas (Nigeria) 15

Petroleum Company Unlimited (TOPCON). A TOPCON começou a produzir óleo em 1970, e hoje produz aproximadamente 70.000 barris de óleo cru por dia de 6 offshores ( campos que estão localizados em terra). Ela opera seus campos através de uma joint venture com a Nigeria National Petroleum Company (NNPC). A Percentagem de operação é TOPCON 20%, Chevron 20% e NNPC 60%. 16