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Chevron JV sells Cobasys to Samsung-Bosch JV (from Corporate Dealmaker)

While automakers and suppliers vie for position in the sector, Chevron Corp. (NYSE:CVX) is exiting a hybrid car battery business. Cobasys LLC is being sold to SB LiMotive Co. Ltd., an electric vehicle battery joint venture between Samsung SDI Co. Ltd. and Robert Bosch GmbH.With the deal, Chevron ends an...

Posted on July 14, 2009 3:17 PM

Conoco is exiting retail, but Chevron embraces it (from Corporate Dealmaker)

"Why do they lock the restrooms at gas stations? Are they afraid somebody will clean them?"The old George Carlin joke says it all: Retailing doesn't come naturally to oil companies. Not that they haven't tried. Over the years, as profit margins on gas have narrowed, oil company operators have looked...

Posted on August 27, 2008 11:09 AM