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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
Contact: 415-894-7700

Recent Articles

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.
Chevron Leaves Lithuania As Shale Gas Prospects Remain Uncertain
Tuesday, July 08, 2014 Chevron divests its assets in Lithuania and pulls out of the country.
Greenpeace Activists Block Chevron Shale Site in Romania
Monday, July 07, 2014 Environmental activists chain themselves to gates at a Chevron shale gas exploration well in eastern Romania.
Beach Updates on Cooper Basin NTNG Project, PRLs 33-49 in Australia
Friday, June 20, 2014 Beach Energy updates on Cooper Basin Nappamerri Trough Natural Gas Project in Queensland and petroleum retention licenses 33-49 in South Australia.
Chevron Sells Stake In Chad Oil Concession For About $1.3B
Friday, June 13, 2014 Chevron says it sold its 25% interest in an oil concession and pipeline system in southern Chad to the country's government for about $1.3B.
Pertamina HE Commences Operations at Siak Block in Sumatra
Wednesday, June 04, 2014 Pertamina Hulu Energi commences operations at Siak block in Riau province, Sumatra, Indonesia after taking over as operator from Chevron.
McDermott, PT Encona Clinch EPC Deal for Chevron's Gendalo-Gehem Project
Monday, June 02, 2014 McDermott and PT Encona Inti Industri clinch an engineering, procurement and construction contract for the Gendalo-Gehem deepwater natural gas project offshore East Kalimantan, Indonesia.
Chevron Shareholders Reject Independent Chair
Wednesday, May 28, 2014 Chevron shareholders reject a proposal to split the roles of chairman and chief executive, both currently held by John Watson.
Angola LNG Shutdown To Last Until Mid-2015
Wednesday, May 28, 2014 The Angola LNG export project is expected to resume production in mid-2015 following a rupture on a flare line that forced it to shut down, a spokesman says.
Shelf Drilling Bags $281M Deals to Supply 2 Jackups for Chevron Thailand
Tuesday, May 27, 2014 Shelf Drilling bags contracts to supply 2 newbuild jackups for Chevron Thailand for $281 million.
Chevron: Argentina Won Lottery With Vaca Muerta Shale Field
Thursday, May 22, 2014 Argentina has won the "geological lottery" with its 1,000-foot-thick Vaca Muerta shale oil and gas field in Patagonia, a spokesman for Chevron says.
First Gas Commences at South Belut Field in South Natuna Sea Block B
Wednesday, May 14, 2014 ConocoPhillips commences gas production at the South Belut natural gas field in South Natuna Sea Block B offshore Indonesia.
Chevron Sees 'Tremendous Opportunity' In Mexico Oil Reforms
Tuesday, May 13, 2014 Mexico's energy reform provides a range of attractive investment possibilities for international oil companies in Latin America's second-biggest economy, a senior Chevron executive says.
WELLSAFE: Chevron Focuses on Eliminating Containment Issues
Thursday, May 08, 2014 Chevron's WELLSAFE was inspired by the US Navy, and was designed to eliminate containment issues.