June 21, 2011

CHEVRON CORP: Still Subject to MTBE-Related Contamination Cases

COMPANIES: Chevron Corp fka Chevron Texaco Corp

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Chevron Corporation and many other companies in the petroleum industry have used methyl tertiary butyl ether (MTBE) as a gasoline additive.

The Company is a party to 20 pending lawsuits and claims, the majority of which involve numerous other petroleum marketers…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Oil | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US

LOCATIONS: California | United States