9 result(s) displayed (1 - 9 of 9):

Chevron's new counsel faces an acquired problem (from Corporate Dealmaker)

Some things are tough to gauge in due diligence -- for example, the chance of  a mere billion-dollar lawsuit turning into an international  donnybrook, with one side demanding a $27 billion settlement. That's the situation for Chevron Corp. (NYSE:CVX), which is facing claims in Ecuador over waste dumping there from...

Posted on July 29, 2009 4:39 PM

BP's convenience-store story (from Corporate Dealmaker)

Should oil giants run convenience stores? Some say no. Exxon Mobil Corp. (NYSE:XOM) and ConocoPhillips Co. (NYSE:COP) have sold their thousands of shops and exited the business. And a few say yes. A year ago, when last we looked at the topic, Chevron Corp.'s (NYSE:CVX) ExtraMile Convenience Stores were ranked...

Posted on July 9, 2009 9:40 AM

New ConocoPhillips deal strategy: Don't do 'em (from Corporate Dealmaker)

ConocoPhillips' M&A hopes have gone down with oil prices. After reporting a fourth-quarter net loss of $31.8 billion (mainly reflecting goodwill impairment on some assets)  the American oil major is playing it safe. "There is nothing in the $12.5 billion [2009 capital spending] program for acquisitions. We will live within...

Posted on January 29, 2009 3:17 PM

More funding for Chevron algae ally Solazyme (from Corporate Dealmaker)

Reducing our dependence on foreign oil is a hot topic, especially with prices being where they are. Some alternative energies, including cellulolistic ethanol, algae and even chicken fat. Algae is our topic of the day: Solazyme, a Chevron partner, raised about $45 million in its latest round, while Enterprise-Rent-A-Car created a division and hired experts to look into getting its fleet juiced up on the organism. Is there a possible deal between the two ...

Posted on August 27, 2008 3:35 PM

GM may fix Cobasys JV by buying it (from Corporate Dealmaker)

If a supplier is important enough to you, its problems become your own.And if the problems at your supplier are of the kind that often beset joint ventures, you may have to step in and do something dramatic -- like buying it.This scenario appears to be unfolding at battery supplier...

Posted on June 6, 2008 1:20 PM

On eve of Exxon vote, a look at other big oil alt energy investments (from Corporate Dealmaker)

Should ExxonMobil Corp. separate its chairman and CEO positions and invest more in alternative energy projects? These questions will come to a vote at the company's shareholder meeting tomorrow. Members of the Rockefeller family, plus 19 institutional investors -- including some of ExxonMobil's largest share owners, with more than $740...

Posted on May 27, 2008 8:45 AM

Corporate venturers compare notes in Palm Springs (from Corporate Dealmaker)

Corporations generally do venture investing for strategic reasons -- basically, to stay in touch with innovations in their industries, many of which are taking place outside their own organizations. Inevitably there's a tension...

Posted on February 7, 2008 3:38 PM

Connections: Sept.-Oct. 2007 (from Corporate Dealmaker)

Change champion at Chevron Having spent 27 years with Chevron Corp., John Watson will move into his latest role--as executive vice president for strategy and development--amid a major restructuring. The company is reorganizing its worldwide exploration and production group, which Watson, who starts in January, may know better than...

Posted on October 15, 2007 7:35 PM

Connections: May-June 2006 (from Corporate Dealmaker)

PG&E's Rand Rosenberg reckons that utility consolidation will follow the pattern set by telecom; plus dealmaking at Chevron, Nickelodeon, DirecTV and Eaton.

Posted on June 15, 2006 6:15 PM