jimntx
Veteran
i thought texaco got split up by Shell and Chevron.
No. Years before the Chevron buyout, Texaco, Shell, and Aramco had a joint venture called Star Enterprise. It was basically the "west of the Mississippi" Marketing and Refining parts of Texaco and Shell with mucho dinero invested from Aramco.
Because the 3 all owned equal shares (i.e., no one was in charge), it didn't succeed. IIRC (this was after I left Texaco in 1995), Shell ended up with parts that used to belong to Texaco in a buyout. The joke was that through an unfortunate oversight by Texaco legal department Shell "owned" the Texaco Star logo for several years following the split up. The Texaco Star was one of the oldest company logos in existence that was still in continual use.
Everything else under the Texaco name was bought by Chevron. For awhile the official company name was changed to ChevronTexaco, but later shortened to just Chevron again. During the long name period a friend of mine who still worked there corrected me one day when I said something about ChevronTexaco. She said, "Jim, you are mispronouncing the name of the company. The Texaco is silent."
