Chevron, Ariba Create Commercial Energy Product Web Site

Oil giant Chevron Corp, based in San Francisco, has joined forces with software company Ariba Inc. to help create an online marketplace for buying and selling energy-related products, according to reports. The new site, (http://www.petrocosm.com), will offer drilling and electrical equipment, pipes, valves, fittings and engineering and professional services. It will go live during the second quarter.