Chevron Corporation

ChevronTexaco Corp. ranks among the world's largest and most competitive global energy companies. Headquartered in San Francisco, it is engaged in every aspect of the oil and gas industry, including exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation.

Company Roots
The corporation traces its roots to an 1879 oil discovery at Pico Canyon, north of Los Angeles. This find led to the formation, in the same year, of the Pacific Coast Oil Company. Another side of the genealogical chart points to the 1901 founding of The Texas Fuel Company, a modest enterprise that started out in three rooms of a corrugated iron building in Beaumont, Texas.

These two companies, the predecessors of Chevron Corp. and Texaco Inc., respectively, were both instrumental in transforming a fledgling oil business into today's multifaceted, high-tech energy industry.

Global Scope
Global, diverse and highly skilled, the ChevronTexaco work force of about 53,000 takes pride in a commitment to community partnerships, social responsibility and environmental excellence.

Active in more than 180 countries, ChevronTexaco has reserves of 11.5 billion barrels of oil and gas equivalent and daily production of 2.7 million barrels. In addition, it has a global refining capacity of more than 2.2 million barrels a day and operates more than 25,000 service stations around the world. The company also has interests in 47 power projects now operating or being developed.

Energy Technologies
ChevronTexaco is a leader in gasification technology, which converts low-value materials, like refinery residue, into clean synthesis gas. In addition, the company develops and commercializes advanced energy technologies, including fuel cells, photovoltaics, advanced batteries and hydrogen storage.

Address: 575 Market Street
San Francisco, CA 94105-2856
Contact: 415-894-7700

Recent Articles

Statoil Tops $969M of Bids Pledged for Canada Offshore
Friday, November 13, 2015 Statoil is the most active bidder for exploration licenses off Canada's Atlantic Coast as some of the world’s largest producers commit to spend about $969 million for the prospect of long-term growth.
Major Oil Companies Have Half-Trillion Dollars to Fund Takeovers
Thursday, November 12, 2015 The world's six largest publicly traded oil producers have more than a half-trillion dollars in stock and cash to snap up rival explorers.
Argentina's Supreme Court Orders YPF To Disclose Chevron Contract
Tuesday, November 10, 2015 Argentina's Supreme Court ordered YPF to fully disclose its contract with Chevron amid allegations of secret clauses in the agreement.
Chevron Brings Lianzi Field Online
Monday, November 02, 2015 Chevron Overseas (Congo) Limited commences oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.
Chevron Slashes 2016 Budget To Weather Low Oil Prices
Friday, October 30, 2015 Chevron slashes its 2016 capital budget by 25% and said it would lay off roughly 10% of its workforce.
Oil Companies Curtail Spending on Everything - Except Dividends
Thursday, October 29, 2015 Oil executives are standing by promises to protect dividend payouts from the collapse in crude prices even as they fire workers, cancel drilling projects and sell everything.
Fred Olsen Energy's Unit Terminates Contract with HHI for Newbuild Semisub
Wednesday, October 28, 2015 Fred Olsen Energy’s subsidiary Bollsta Dolphin terminates a construction contract for a newbuild semisub with Hyundai Heavy Industries.
Gulf of Mexico Oil Rig Worker Dies in Accident
Wednesday, October 21, 2015 A crew member on a Gulf of Mexico oil rig contracted by Chevron Corp. was killed in an accident, the company says.
Big Foot TLP in Storage, Investigation Continues into Tendon Failure
Wednesday, October 14, 2015 Chevron's Big Foot TLP is currently in storage in South Texas while the company continues its investigation into why several subsea tendons lost buoyancy and sank.
First Gas Flows From New Offshore Platform at Philippines' Malampaya Field
Tuesday, October 06, 2015 Gas production commences at a new offshore platform in the Malampaya field off the coast of Palawan Island in the Philippines.
Civmec Clinches Contracts for Ichthys, Gorgon Projects in Australia
Tuesday, October 06, 2015 Civmec clinches contracts for refractory installation services at the Ichthys and Chevron gas projects in Australia.
Oil Output at Kazakhstan's TengizChevroil Seen Flat in 2015-2016
Tuesday, September 29, 2015 TengizChevroil is expected to keep output similar to its 2014 level this year and next.
VARD to Supply PSV to DOF, Vessel to Work for Chevron in Australia
Wednesday, September 23, 2015 Vard Holdings secures a bareboat charter to supply DOF with a platform supply vessel to work for Chevron in Australia.
Total to Slash CAPEX and OPEX by Billions of Dollars by 2017
Wednesday, September 23, 2015 Total will slash its capital and operating expenditure by billions of dollars within the next 2 years.
GE Oil & Gas to Provide Subsea Services to Chevron Off Western Australia
Tuesday, September 22, 2015 GE Oil & Gas signs agreement with Chevron to provide subsea services for the latter's natural gas assets offshore Western Australia.
NNPC: Nigeria's State Oil Company Secures $1.2B Drilling Financing Package
Monday, September 21, 2015 Nigeria's state oil company secures a $1.2 billion multi-year drilling financing package to contribute to the running of 36 oil wells to be operated as part of a joint venture deal.
OGA Reiterates Need to Protect Jobs and Skills in UK Industry
Monday, September 07, 2015 UK Oil & Gas Authority says it is 'vital' that companies continue to invest in training and developing people in order to retain skills for the UK industry.
Brazil And Mexico Vie for Cash From Oil Explorers in Price Rout
Monday, August 31, 2015 Brazil and Mexico are preparing to compete for investments from some of the same oil majors when they hold auctions that are only a week apart at a time the price rout is prompting spending cuts.
Oil & Gas UK Appoints 4 New Board Members
Tuesday, August 25, 2015 Oil & Gas UK announces four new appointments to its board of directors.
Tempo Australia Provides More Personnel for Gorgon LNG Project in WA
Friday, August 21, 2015 Tempo Australia to provide more personnel for construction, pre-commissioning and commissioning services for the Gorgon liquefied natural gas project in Western Australia .