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

Navy Spokesman: Militants Attack Chevron Platform in Niger Delta
Thursday, May 05, 2016 Militants attack a Chevron platform in Nigeria's oil-rich Niger Delta region late on Wednesday, a navy spokesman said, amid growing fears of a revived militant campaign in the region.
OTC 2016: Deepwater Projects Delayed as Low Oil Prices Linger
Wednesday, May 04, 2016 E&P companies will continue to delay new deepwater projects in favor of less costly options as low oil prices linger.
ITF JIP Enters Trial Phase with Support from Total, BP, Shell, Chevron
Wednesday, April 20, 2016 A joint industry project established through The Industry Technology Facilitator (ITF) has entered a trial phase with the support of oil and gas operators.
Chevron Signs Up Australia's Alinta To Buy Gas From Wheatstone
Tuesday, April 19, 2016 Chevron agrees to sell 20 petajoules a year of gas from its Wheatstone project to Alinta Energy in Western Australia starting in 2020, securing a customer for more than a quarter of the domestic gas output from Wheatstone.
Big Oil's `Rock Star' in Congress Runs Rig Tours for Support
Monday, April 18, 2016 Congressman Steve Scalise is one of the oil industry's busiest tour guides in Congress.
PNOC EC to Invest $182M in Philippines Oil, Gas Projects in 2016
Thursday, April 07, 2016 Philippines' PNOC Exploration Corp. sets aside $182 million for investments in the country's Malampaya gas field and other exploration projects this year.
Chevron to Lay Off 655 Workers in Houston
Thursday, April 07, 2016 Chevron is cutting 655 Houston positions as part of a larger plan to reduce expenses.
Chevron Sees Australia's Gorgon Project Train 1 Restarting in 30-60 Days
Wednesday, April 06, 2016 Chevron Australia expects to restart production from Train 1 of the Gorgon Project on Barrow Island, Western Australia within 1 to 2 months after shutting it down due to mechanical issues.
Maersk Oil Threatens to Shut Down Tyra Field in 2018
Monday, April 04, 2016 Maersk Oil announces that production from Tyra East and Tyra West in the Danish North Sea will cease on October 1, 2018, if an "economically viable solution" for continued operations is not identified during 2016.
Chevron's Affiliate CABGOC Terminates Maersk Deliverer Contract
Wednesday, March 30, 2016 Chevron's affiliate Cabinda Gulf Oil Co. terminates the contract for semisub Maersk Deliverer ahead of its expiry in December.
Chevron Ships First Gorgon LNG Cargo to Japan's Chubu Electric Power
Monday, March 21, 2016 Chevron ships first cargo of liquefied natural gas from the Gorgon project offshore Western Australia to Japan's Chubu Electric Power.
Falcon Prepares for Australia's Beetaloo Basin Drilling & Testing Program
Thursday, March 10, 2016 Falcon Oil & Gas prepares for the 2016 Beetaloo drilling and testing program for in Australia.
Chevron Moves Ahead with Big Foot Project
Wednesday, March 09, 2016 Chevron expects production from its Big Foot project to begin in the second half of 2018 following validation of its TLP design and mooring system.
Chevron Commences Production at Australia's $54B Gorgon LNG Project
Tuesday, March 08, 2016 Chevron commences first liquefied natural gas production at the $54 billion Gorgon Project on Barrow Island, off Western Australia.
After Chevron's Mega-Project, Smaller Is Better in Energy
Tuesday, March 08, 2016 With Australia's largest resource development starting to produce LNG, industry leaders and analysts say a venture as ambitious as the Gorgon project won't be replicated any time soon.
Chevron Plans To Slash Budget To Save Cash For Dividend
Tuesday, March 08, 2016 Chevron will slash its capital budget by as much as 36% in 2017 and 2018, a cash-saving bid to preserve its 90-year-old dividend as it copes with crude prices near 10-year lows.
Eyeing Oil Price Rise, Chevron To Boost Permian Rig Count
Tuesday, March 08, 2016 Chevron will add two drilling rigs to the oil-rich Permian shale of West Texas in 2016, part of a bet that crude prices will rise this year from near 10-year lows.
As US Shale Exports Begin, Australia Readies World's Costliest Gas Project
Thursday, February 25, 2016 The timing couldn't be worse for the first production of natural gas from Australia's $54 billion Gorgon project - the world's most expensive.
CIMIC-Saipem JV Issues Notice of Dispute on Gorgon Contract to Chevron
Tuesday, February 23, 2016 The CIMIC-Saipem consortium issues a notice of dispute to Chevron regarding the Gorgon LNG and Marine Structures Project in Australia.
Regulator: Oil, Gas Investors Return 15 Exploration Blocks To Indonesia
Monday, February 22, 2016 Oil and gas investors relinquish 15 exploration blocks to the Indonesia government in 2015, nearly double those they returned the previous year, according to the country's energy regulator.