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
US
Contact: 415-894-7700

www.chevrontexaco.com


Recent Articles

Glencore, Chevron Enter Mexico's Recently Opened Fuel Market
Thursday, August 17, 2017 Chevron and trading firm Glencore announced separate plans to enter Mexico's fuel market.
Jacobs Expands MSA for Chevron's US Refineries, Terminals
Wednesday, August 09, 2017 Refineries covered under the MSA amendment include Chevron facilities in El Segundo and Richmond, Calif., Pascagoula, Miss., and Salt Lake City, Utah.
Nigeria's State Oil Company Signs Deals With Chevron, Shell
Thursday, August 03, 2017 Nigeria's state oil company says it signed financing agreements with Chevron and Shell worth at least $780 million.
ExxonMobil Misses Estimates as Cuts Fail to Offset Output Declines
Friday, July 28, 2017 ExxonMobil wrecked the oil industry's perfect streak of upside profit surprises as the biggest US oil explorer disclosed second-quarter results that failed to live up to analyst forecasts.
Chevron Swings to Profit Even as Refining Returns Fall Short
Friday, July 28, 2017 Chevron swings to a 2Q profit as the second-largest US oil explorer lifted production from oil and gas wells by the most in more than 7 years. The shares rose.
Mexico Delays Next Oil Auction to Let Huge New Find Sink In
Monday, July 17, 2017 "International and national interest is awakening," said Mexico's chief oil regulator.
White House Is Said to Be Unlikely to Restrict Venezuelan Crude
Friday, July 07, 2017 U.S. officials have not made any decisions on what, if any, sanctions may be imposed on Venezuela.
Oil Producers' Cost-Cutting Swept Away by New Price Decline
Friday, June 30, 2017 For the moment, investors seem to be focusing more on prices than operational improvements.
Grassroots Kazakhstan Base Oil Project Goes to CB&I
Monday, June 12, 2017 TOO Hill Resources (HILL) has awarded CB&I a contract for the license and engineering of a grassroots lube base oil plant in Shymkent, Kazakhstan.
No New Demand, More Supply Leaves Spot Price Languishing
Friday, May 26, 2017 Asian LNG spot prices have fallen due to a lack of significant new demand from the Middle East and others as supplies emerged from Papua New Guinea, Angola, Abu Dhabi and Russia.
South Africa Wants Sinopec to Retain Refinery Capacity
Thursday, May 25, 2017 Sinopec will pay almost $1 billion for a 75 percent stake in Chevron's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies announced in March.
Shell Shareholders Reject Emissions Target Proposal
Tuesday, May 23, 2017 The vote is a setback for climate activists who are increasing pressure on global oil companies.
Woodside Sees Output Growing 15 Pct Over Next Three Years
Tuesday, May 23, 2017 After 2020, output will grow further with the expansion of its Pluto LNG project in Australia.
Venezuela Oil Executive Arrested in Corruption Probe
Tuesday, May 23, 2017 Venezuela has arrested the manager of the Petropiar heavy crude upgrader, owned by state oil company PDVSA and U.S. major Chevron Corp.
South Korean Coal Plant Closures May Lift LNG Demand
Friday, May 19, 2017 South Korea has outlined plans to close 10 old coal-fired power plants next month.
Chevron's $54 Billion LNG Plant Hits New Snag in Australia
Tuesday, May 16, 2017 It's at least the eighth outage since Gorgon LNG operations started 14 months ago.
Chevron Shuts First Gorgon LNG Export Plant Unit for Around a Month
Monday, May 15, 2017 "Production on Gorgon Train 1 was stopped on May 12 due to a failure of a flow measurement device," the company said in a statement.
Chevron Drilling VP: Oil, Gas Needs to be Innovative, but Make Money
Tuesday, May 02, 2017 Industry leaders discuss whether or not oil and gas can be innovative and profitable.
Surging Chevron, ExxonMobil Profits Signal Oil Industry Turnaround
Friday, April 28, 2017 Rising crude prices helped Chevron and ExxonMobil easily beat Wall Street's profit expectations.
Chevron Says Restarting Output At Gorgon Train Two LNG Project In Australia
Tuesday, April 18, 2017 Chevron is restarting LNG production at its Gorgon Train Two facility in Australia.