Texaco takes alternative fuel cell step
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11/05/2000
Texaco Inc. became the first U.S. major oil company to take a big stride toward hydrogen energy, a clean energy that could one day replace petroleum. Texaco, the third largest oil company in the United States, agreed to invest $67.3 million for a 20 percent stake in a fuel cell and alternative energy company Energy Conversion Devices Inc.(ECD)