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

Chevron Plans $19.8B Capital, Exploratory Budget for 2017
Thursday, December 08, 2016 Some $11.6 billion of Chevron's $19.8-billion capital spending plan will target international upstream projects.
Mexico Oil Auction Succeeds in Drawing World's Biggest Drillers
Tuesday, December 06, 2016 Mexico's first competitive deepwater oil auction surpasses expectations as eight of the 10 blocks are awarded to some of the world's top oil firms.
Chevron to Submit Sarta Block Development Plan Soon
Monday, December 05, 2016 Chevron will shortly submit a development plan for the Sarta block in the Kurdistan Region of Iraq, according to Ian MacDonald, the company's vice president of exploration.
Sources: Saudi, Kuwait Expect to Restart Neutral Zone Oilfields Soon
Sunday, December 04, 2016 Saudi Arabia and Kuwait expect to agree soon on the resumption of oil production from their jointly-operated oilfields in the Neutral Zone.
Chevron Temporarily Halts Production Unit At Australia LNG Plant
Wednesday, November 30, 2016 Chevron Corp temporarily halts output from one of the 2 production units at its Gorgon liquefied natural gas (LNG) plant off Australia's west coast.
Australia Watchdog Says North West Shelf Gas Venture Underpaying Royalties
Monday, November 28, 2016 The North West Shelf joint venture cut royalties it owed by claiming more than $3.7 billion in deductions, some of which weren't valid, a government watchdog says.
Minister: Nigeria Reaches Deal to Pay $5.1B in Unpaid Bills to Oil Majors
Thursday, November 17, 2016 Nigeria has reached a deal to pay $5.1 billion in unpaid bills to oil majors including Royal Dutch Shell and Exxon Mobil, the minister of state for oil said.
US Shale Firms Go Back To Work Buoyed By OPEC Deal, Trump Victory
Monday, November 14, 2016 US shale producers are redeploying cash, rigs and workers, cautiously confident the energy sector has turned a corner after Donald Trump's election victory and OPEC's recent output curb pledge.
Chevron Starts Production at Alder 40 Years After Discovery
Monday, November 07, 2016 Chevron North Sea Limited starts production at the Alder field in the central North Sea, more than 40 years after it was first discovered.
Chevron Wheatstone LNG Cost Blowout To $34B Hits Woodside
Monday, October 31, 2016 Woodside Petroleum said on Monday it faces an 8% rise in its expected costs on the Wheatstone LNG project in Australia, after operator Chevron Corp flagged total costs would jump to $34 billion.
Chevron Profit Drops On Weak Oil Price, But Beats Forecasts
Friday, October 28, 2016 Chevron reports a drop in quarterly profit that still beat expectations.
Kidnapped Romanian Oil Engineer in Niger Delta Released
Thursday, October 13, 2016 The Romanian Ministry of Foreign Affairs has confirmed to Rigzone that the Romanian engineer abducted in Nigeria's oil producing Niger Delta region has been released.
Jefferies: OPEC Output Cut Unlikely
Tuesday, October 11, 2016 It's unlikely that OPEC will be able to maintain its planned output cut, according to oil and gas analysts at investment bank Jefferies.
Chevron Supports Director Stumpf Despite Wells Fargo Morass
Monday, October 03, 2016 Chevron says it stands behind John Stumpf, a member of its board and the chief executive of bank Wells Fargo, despite growing concerns about his leadership during a customer service scandal.
Bell Helicopter Ready to Support Authorities after Offshore Crash
Thursday, September 29, 2016 Bell Helicopter says it stands ready to support the authorities after Monday's helicopter crash offshore Angola.
Nigeria Mulling Oil Assets Sale That Could Reshape The Industry
Wednesday, September 28, 2016 Nigeria's possible sale of some of its oil and gas assets to raise money and boost the contracting economy in Africa's most populous country could reduce the government's influence over its biggest industry.
All Six People Aboard Fatal Angolan Helicopter Crash Feared Dead
Wednesday, September 28, 2016 All six people being transferred via helicopter to a Chevron oil platform offshore Angola are feared dead, according to the latest media reports.
Oil Industry Welcomes Indonesia's Tax Reform, But Says It's Not Enough
Friday, September 23, 2016 Indonesia's removal of taxes on oil and gas explorers is a good first step, but more is needed to lure investment from companies that have cut budgets and laid off staff after a precipitous plunge in prices, industry analysts say.
MedcoEnergi Acquires ConocoPhillips' Stake in South Natuna Sea Block
Tuesday, September 20, 2016 MedcoEnergi inks agreement to acquire ConocoPhillips' stake in the South Natuna Sea Block B Production Sharing Contract (PSC) offshore Indonesia.
Exxon's Accounting Practices Said to Be Reviewed by New York
Friday, September 16, 2016 New York Attorney General's probe into Exxon includes scrutiny of why it didn't write down the value of oil fields during a global collapse in prices that prompted billions in write-offs by rival drillers.