Rochester, NY 7/29/2009 11:57:26 AM
After Hours - Chevron Corp. CVX, Chevron Allows Caltex in the Control of Locals
Chevron Corp.
US-based Chevron Corporation recently announces that it will let local operators have control over its Caltex petrol station in Thailand.
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"We think this is a good time for us to open the chance for local operators to be our partners in the oil business," Mr. Anek Lawanprasert, Caltex retail sales manager, said after declining to comment on Caltex's declining performance in recent years.
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