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

MOFT Bags $230M FSO Deal for Chevron's Benchamas 2 Project off Thailand
Wednesday, August 24, 2016 Malaysia's MISC Offshore Floating Terminals (MOFT) bags a $230 million contract to lease and operate a floating storage and offloading vessel for Chevron's Benchamas 2 Project in the Gulf of Thailand.
Australia's CIMIC Sues Chevron Over $1.4B Gorgon LNG Construction Dispute
Monday, August 22, 2016 Australian construction company CIMIC starts court proceedings in the U.S. against Chevron and KBR, seeking as much as $1.42 billion regarding a dispute over the jetty at the Gorgon LNG project in Western Australia.
Chevron Says No Plan To Exit Thailand, May Keep Stake In Myanmar Gas Field
Friday, August 19, 2016 Chevron is committed to its Thailand investments despite job cuts that have spurred rumors of the US oil major's exit.
Exxon, Chevron, Hess Said to Be in Joint Bid for Mexican Oil
Friday, August 19, 2016 ExxonMobil, Chevron and Hess have agreed to bid together for rights to drill for crude in Mexico's deepwater oil areas, according to a person with direct knowledge of the plans.
Chevron Wins Ruling Blocking $8.6 Billion Order in Ecuador Fight
Monday, August 08, 2016 Chevron won a victory in its long-running battle against Ecuadoreans and the zealous American lawyer who represented them.
Crude Slump Sees Oil Majors' Debt Burden Double to $138B
Friday, August 05, 2016 When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense of superiority.
WSJ: Chevron To Sell Assets In Asia Worth Up To $5B
Thursday, August 04, 2016 Chevron is selling some assets in Asia worth up to $5 billion, the Wall Street Journal reported.
Gadfly: Oil's Neverending Supply Glut Story Has A Built-In Ending
Monday, August 01, 2016 This isn't the way things were supposed to be for the oil market.
Official: Indonesia To Start Producing Natural Gas From Two Projects
Friday, July 29, 2016 Indonesia expects to start natural gas production from two deepwater fields this year and next, even as major oil companies are reviewing economics for other projects, a senior energy official says.
BLOG: Second Quarter Shows Signs of Weakness Remain at Supermajors
Friday, July 29, 2016 Analyst tells Bloomberg Television, "The industry cannot survive on current oil prices."
South Africa Oil Workers' Strike Could Hit Refineries
Wednesday, July 27, 2016 South African energy workers plan to strike indefinitely from Thursday over pay, according to a union.
LNG's Surge From Decade-Low Seen Fizzling As Supply Ramps Up
Tuesday, July 26, 2016 LNG's surge is running out of gas.
Chevron Inks LNG Supply Deal with China's JOVO Group
Thursday, July 21, 2016 Chevron inks agreement with Carbon Hydrogen Energy, a subsidiary of China's JOVO Group, to supply liquefied natural gas from its global portfolio.
Chevron Says Gorgon LNG Export Plant Output To Resume Shortly
Wednesday, July 20, 2016 Production should resume shortly at Chevron's $54 billion liquefied natural gas (LNG) Gorgon export plant in Australia, a company spokesman says, following a longer-than-expected shutdown caused by a leak.
Oil Market In Early Stages of Sustainable Recovery
Monday, July 11, 2016 The oil market is in the early stages of a "sustainable but protracted recovery," according to oil and gas analysts at Jefferies International Limited.
Big Oil's $45B Of New Projects Signal Spending Revival
Friday, July 08, 2016 Two projects worth $45 billion announced this month show the world's largest oil companies are regaining the confidence to make big investments, emboldened by rising crude prices and low costs that promise to trigger more expansion ahead.
Chevron Affiliate Moves on $37B Tengiz Expansion Project in Kazakhstan
Tuesday, July 05, 2016 Chevron Corporation's 50% owned affiliate, TCO, approves a major expansion project at the Tengiz oil field that will increase crude oil production at the site by 260,000 barrels per day.
Nigerian Militants Say They Blew Up Chevron Well
Tuesday, July 05, 2016 A Nigerian militant group says it has blown up a Chevron Corp well near the Otunana flowstation.
Niger Delta Avengers Claim Responsibility for Fresh Oil, Gas Attacks
Monday, July 04, 2016 The Niger Delta Avengers claim responsibility for a series of fresh attacks on oil facilities in the Niger Delta over the weekend.
Chevron Deadline Nears For $40B Bet On Next Decade's Oil
Friday, July 01, 2016 Chevron Corp. may shortly give a green light to the most expensive oil project in the world this year as the industry digs out from the worst slump in a generation.