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

Bell Helicopter Ready to Support Authorities after Offshore Crash
Thursday, September 29, 2016 Bell Helicopter says it stands ready to support the authorities after Monday's helicopter crash offshore Angola.
Nigeria Mulling Oil Assets Sale That Could Reshape The Industry
Wednesday, September 28, 2016 Nigeria's possible sale of some of its oil and gas assets to raise money and boost the contracting economy in Africa's most populous country could reduce the government's influence over its biggest industry.
All Six People Aboard Fatal Angolan Helicopter Crash are Dead
Wednesday, September 28, 2016 All six people being transferred via helicopter to a Chevron oil platform offshore Angola are dead, according to the latest media reports.
Oil Industry Welcomes Indonesia's Tax Reform, But Says It's Not Enough
Friday, September 23, 2016 Indonesia's removal of taxes on oil and gas explorers is a good first step, but more is needed to lure investment from companies that have cut budgets and laid off staff after a precipitous plunge in prices, industry analysts say.
MedcoEnergi Acquires ConocoPhillips' Stake in South Natuna Sea Block
Tuesday, September 20, 2016 MedcoEnergi inks agreement to acquire ConocoPhillips' stake in the South Natuna Sea Block B Production Sharing Contract (PSC) offshore Indonesia.
Exxon's Accounting Practices Said to Be Reviewed by New York
Friday, September 16, 2016 New York Attorney General's probe into Exxon includes scrutiny of why it didn't write down the value of oil fields during a global collapse in prices that prompted billions in write-offs by rival drillers.
GUJV Completes EPM Services on Australia's Gorgon Project
Thursday, September 08, 2016 The Gorgon Upstream Joint Venture (GUJV) completes 11 years of engineering and project management (EPM) services on Australia's Gorgon Project.
Chevron Best Positioned IOC Following Oil Price Collapse
Wednesday, September 07, 2016 Chevron is the best strategically positioned integrated oil company following the collapse in oil prices in 2014, according to a report from investment bank Jefferies.
Chevron Commences Gas Production Off East Kalimantan
Thursday, September 01, 2016 Chevron commences gas production at the Bangka field offshore East Kalimantan, Indonesia.
Chevron Inks 10 Year Deal to Supply LNG to China's ENN LNG Trading
Tuesday, August 30, 2016 Chevron inks deal to supply up to 0.65 million tons per annum of liquefied natural gas (LNG) to China's ENN LNG Trading for 10 years starting 2018 or first half 2019.
DSME Delivers Newbuild Ultra Deepwater Drillship to Transocean
Friday, August 26, 2016 South Korea's Daewoo Shipbuilding & Marine Engineering delivers an ultra deepwater drillship, possibly Deepwater Conqueror, to Transocean.
Thailand To Open Bids For Energy Concessions In March 2017
Thursday, August 25, 2016 Thailand's military government plans to open bids in March 2017 for expiring oil and gas contracts held by Chevron Corp and PTT Exploration and Production.
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.