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

China's Sinopec Buys First Major African Refinery In Chevron Deal
Wednesday, March 22, 2017 China's Sinopec agrees to pay almost $1 billion for a 75% stake in Chevron Corp's South African assets and its subsidiary in Botswana, securing its first major refinery on the continent.
Gulf Of Mexico Lease Sale Nets $315M in Bids, Feds Suggest Trump Bounce
Wednesday, March 22, 2017 Top bidders included Shell Offshore, Statoil, Chevron and Hess, each offering more than $44 million for access to offshore exploration and production, according to federal records.
Oil Giants Upending Shale Turf Where Wildcat Drillers Once Ruled
Tuesday, March 21, 2017 ExxonMobil, Shell and Chevron are jumping into American shale with gusto, planning to spend a combined $10B this year, up from next to nothing only a few years ago.
China's Sinopec Close To Snapping Up Chevron's South African Oil Assets
Friday, March 17, 2017 China Petroleum and Chemical Corp (Sinopec) is nearing an agreement to buy a majority stake in Chevron Corp's South African assets.
Chevron's Watson: US Should Be More Competitive, But Not Burden Imports
Friday, March 10, 2017 Chevron CEO John Watson discusses regulatory environment in the US and around the world with chairman Daniel Yergin during CERAWeek by IHS Markit in Houston.
Chevron Commences Oil, Gas Production from Angola Project
Thursday, March 09, 2017 Chevron Corporation announces that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project.
Oil Majors Still Years From Repairing Balance Sheets After Price War
Wednesday, March 08, 2017 Financially strapped oil producers are spending billions to boost production before it's clear that recent crude price gains brought on by OPEC output cuts can be sustained.
Chevron Suspends Production At Gorgon Train Two LNG Project
Friday, February 24, 2017 Chevron temporarily suspends production of liquefied natural gas (LNG) at its Gorgon Train Two production line in Australia.
Cargo Loadings At Australia's North West Shelf Project Halted
Wednesday, February 08, 2017 Loading of cargoes from Australia's North West Shelf (NWS) liquefied natural gas (LNG) and condensate project has been halted due to adverse weather.
US Transparency Reversal Stings Canadian, European Oil Firms
Friday, February 03, 2017 Canadian and European oil companies could find themselves at a competitive disadvantage to their American rivals if US lawmakers scrap tighter transparency requirements on the industry.
Chevron Says To Give CEO Fewer Stock Options
Monday, January 30, 2017 Chevron says it would give its top executive fewer stock options after shareholders expressed concern about executive pay.
Chevron's First Loss in Decades Signals Hard Time for Giants
Friday, January 27, 2017 Chevron posts its first annual loss since at least 1980, signaling the difficulties faced by the world’s biggest oil companies as they struggle to emerge from the worst collapse in a generation.
Argentina Clinches Deal to Attract Investment in Vaca Muerta Shale
Wednesday, January 11, 2017 Argentina clinches deal with labor unions and energy companies aimed at luring investors to the Vaca Muerta shale formation in Patagonia, the government says.
Oil, Gas Conflicts throughout Africa in 2016
Wednesday, January 04, 2017 North and West Africa have seen a spate of oil and gas-related clashes in 2016.
SOCAR, AIOC Agree to Develop ACG Field
Friday, December 23, 2016 SOCAR and AIOC sign a letter of intent for the future development of the Azeri-Chirag-Gunashli (ACG) field, in the Azerbaijan sector of the Caspian Sea.
Chevron Still Grappling With Latest Gorgon LNG Outage
Monday, December 12, 2016 Chevron's Gorgon LNG plant off western Australia still has one of its two production units shut around two weeks after first being taken offline.
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.