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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

Hydraulic Stimulation Program Commences at Redland-1 Well in Queensland
Thursday, October 30, 2014 Beach Energy commences hydraulic stimulation program at Redland-1 well in ATP 855 in the Cooper Eromanga Basin in Australia.
Indonesia Says Chevron Gas Project Set Back by Up to 2 Years
Wednesday, October 29, 2014 The target for full operation of the Indonesia Deepwater Development gas project has been delayed by up to two years to around 2020, a senior official says, reducing the country's prospects of remaining a major gas exporter.
Hess To Proceed With $6B US Oil Project Despite Price Dip
Wednesday, October 29, 2014 Hess says it would proceed with the development of the $6B Stampede project in the US Gulf of Mexico, one of the biggest energy investments announced during the current oil price slump.
Technip Bags Subsea Deal from Chevron for Indonesia's Bangka Development
Wednesday, October 29, 2014 Technip bags a subsea contract, worth $127.5-$318.6 million, from Chevron for the Bangka development in the Rapak production sharing contract offshore East Kalimantan, Indonesia.
Chevron Starts Gas Production from Bangladesh's Bibiyana Expansion Project
Tuesday, October 28, 2014 Chevron commences natural gas production from the onshore Bibiyana Expansion Project in the northeastern part of Bangladesh.
Chevron Finds Paleogene Exploration Success with Guadalupe
Thursday, October 23, 2014 Chevron finds significant oil pay in Paleogene age Wilcox sands at the Guadalupe prospect in the deepwater US Gulf of Mexico.
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.