TEXACO INC.

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Bibliographic Details
Title:	TEXACO INC.
Source:	Black Book - International Oil Companies. 1990, p42-46. 5p. 1 Chart.
Subject Terms:	Strategic planning, Business planning, Corporate reorganizations, Corporate profits, Manufacturing resource planning, Petroleum industry
Company/Entity:	Texaco Inc. 001345164 TX
Abstract:	The article discusses the business strategy adopted by Texaco Inc. to resolve its large competitive problems brought about by its restructuring. By improving its sophisticated refineries, the company's domestic refining and marketing business became profitable and show significant profit growth. Furthermore, such improvements allow the company to produce a light slate of refined products out of low cost heavy crude and has a cost advantage of up to 50 cents per barrel over the average refiner.
Database:	Energy & Power Source

Description
Abstract:	The article discusses the business strategy adopted by Texaco Inc. to resolve its large competitive problems brought about by its restructuring. By improving its sophisticated refineries, the company's domestic refining and marketing business became profitable and show significant profit growth. Furthermore, such improvements allow the company to produce a light slate of refined products out of low cost heavy crude and has a cost advantage of up to 50 cents per barrel over the average refiner.