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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

Maersk Deliverer Receives $378M Contract to Continue Work Offshore Angola
Thursday, October 16, 2014 Maersk Drilling clinches a $387 million two-year extension contract from Chevron for the Maersk Deliverer semisub to continue working at the Tombua Landana field offshore Angola.
Chevron: Oil Slide Puts Venezuela Projects Under Pressure
Wednesday, October 15, 2014 The recent slide in global oil prices puts projects under heavy pressure, executives at two major production companies told an industry conference in Venezuela.
Beach Ends Hervey-1 Hydraulic Stimulation Program in ATP 855 in Queensland
Monday, October 13, 2014 Icon Energy reports that hydraulic stimulation program at Hervey-1 well in ATP 855 in Queensland, Australia has been completed.
Kontan: Chevron Reschedules $12B Deepwater Gas Project
Monday, October 13, 2014 Chevron's Indonesian unit submits a letter saying it would temporarily delay its $12 billion deepwater gas development project in Makassar Strait, East Kalimantan, an Indonesian energy and mineral resources ministry official says.
Kazakhstan Gives Go-Ahead To Chevron-Led Oil Expansion Despite Costs
Tuesday, October 07, 2014 Kazakhstan has backed an expansion project to boost output of Tengizchevroil despite higher than originally estimated costs, Kazakh Energy Minister Vladimir Shkolnik says.
Chevron Sells 30% In Canadian Shale Assets For $1.5B
Monday, October 06, 2014 Chevron says it would sell a 30% stake in its Duvernay shale properties in Canada to Kuwait Foreign Petroleum Exploration Co. for $1.5 billion.
KrisEnergy Formally Takes Over as Operator of Cambodia's Offshore Block A
Thursday, October 02, 2014 KrisEnergy receives official approval to take over as operator of offshore Block A in Cambodia and plans to submit a revised development plan soon.
Stalled Kashagan Hampers Kazakhstan's Oil Output Growth
Wednesday, October 01, 2014 Kazakhstan expects its oil production to stay around 2013 levels until 2016, when it hopes to restart the giant Kashagan oilfield halted by an industrial accident, a senior Kazakh official says.
Chevron Vows To Use 'Lessons Learned' After Angola LNG Missteps
Thursday, September 18, 2014 Chevron CEO John Watson vows that the company will learn lessons from missteps at its $10 billion Angolan LNG venture.
Chevron Meets New, Voluntary Shale Drilling Rules
Thursday, September 18, 2014 Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia.
Beach Commences Hydraulic Stimulation at Hervey-1 in ATP 855 in Queensland
Tuesday, September 16, 2014 Beach Energy commences hydraulic stimulation program at Hervey-1 well in permit ATP 855 Queensland, Australia.
Beach Energy Commences Cleanout Operation at Geoffrey-1 Well in ATP 855
Thursday, September 11, 2014 Beach Energy commences cleanout operation at Geoffrey-1 well in permit ATP 855 in Queensland, Australia.
Downer EDI Bags $159M Miscellaneous Work Contract for Gorgon Project
Thursday, September 04, 2014 Downer EDI bags a $159 million miscellaneous works contract for the Chevron-operated Gorgon project offshore Western Australia.
Santos Makes Gas-Condensate Discovery at Lasseter-1 Well in Browse Basin
Friday, August 22, 2014 Santos makes a gas-condensate discovery at Lasseter-1 exploration well in permit WA-274-P in Browse Basin, offshore Western Australia.
Singapore's KrisEnergy Buys Out Chevron In Cambodian Oil Block
Monday, August 11, 2014 KrisEnergy agrees a $65 million deal to buy out Chevron's interest in an offshore oil block in Cambodia and take over as the block's operator.
Iraqi Kurdistan-Focused Oil Shares Hit By IS Advance
Thursday, August 07, 2014 Shares of energy companies operating in Iraqi Kurdistan plunged and two US companies evacuated some staff as Islamic State militants advanced.
Chevron 2Q Profit Tops Estimates On Higher Oil, Gas Prices
Friday, August 01, 2014 Chevron reports better-than-expected quarterly profit as higher energy prices offset rising expenses and production dips in Kazakhstan.
Icon to Commence Hydraulic Stimulation at Queensland's ATP 855 in September
Wednesday, July 30, 2014 Icon Energy announces that hydraulic stimulation and testing program for ATP 855 in Queensland, Australia will commence in early September.
Chevron To Cut 225 Jobs In North Sea Oil Operations
Wednesday, July 16, 2014 Chevron will cut about 225 jobs in its North Sea oil operations after reviewing its business in the region where high costs have undermined some field developments.
Chevron Expects Second-Quarter Profit To Rise
Thursday, July 10, 2014 Chevron expects its second-quarter profit to rise, helped in part by asset sales and fewer one-time charges.