Texaco Creates Cogeneration Unit: Texaco announced the...

Texaco Creates Cogeneration Unit: Texaco announced the formation of a new unit, Texaco Cogeneration & Power Co., to build and operate cogeneration power plants. James L. Pauley, a one-time Getty Oil Co. executive and operations manager of Texaco’s Los Angeles operations division, will be named president of the new Los Angeles-based unit. The unit already operates three plants in California in partnership with Mission Energy Co., a non-utility subsidiary of SCEcorp, the parent of Southern California Edison Co. Cogeneration plants produce steam for use in enhanced oil recovery and other industries as well as electricity that is sold to utilities and large customers.