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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
US
Contact: 415-894-7700

www.chevrontexaco.com


Recent Articles

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Wednesday, January 21, 2015 Icon Energy updates on the stimulation and flow testing program in permit ATP 855 in the Cooper-Eromanga Basin in Queensland, Australia.
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Friday, January 16, 2015 Thailand will proceed with its latest petroleum exploration and production bidding round despite domestic opposition to the plan.
Indonesia Scraps Land Tax on Oil and Gas Exploration
Friday, January 16, 2015 Indonesia scraps a land tax that companies pay while exploring for oil and gas, a move that might encourage exploration at a time of concern that it could fall sharply due to tumbling oil prices.
As Oil Plummets, How Much Pain Still Looms For US Energy Firms?
Monday, January 12, 2015 With nearly a quarter of US energy shares' value wiped out by oil's 6-month slide, investors are wondering if the sector has taken enough punishment.
Chevron Strikes Oil at Anchor Prospect in Deepwater Gulf
Tuesday, January 06, 2015 Chevron strikes oil pay in multiple Lower Tertiary Wilcox sands with its Anchor discovery in the US Gulf.
Subsea Integrity System Backed by Chevron
Monday, January 05, 2015 Viper Subsea's subsea integrity system receives backing from Chevron.
Court Orders Argentina's YPF To Disclose Contract With Chevron
Tuesday, December 30, 2014 An Argentine judge ordered YPF to fully disclose details of its contract with Chevron sought by an opposition lawmaker amid allegations of secret clauses in the agreement.
Oil Companies Seen Cutting Spending 25 Percent in 2015 Due to Falling Crude
Monday, December 22, 2014 Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts say, as firms try to stay cash-flow positive and keep debt in check.
FMC Clinches Subsea Systems Gig Offshore Nigeria
Wednesday, December 17, 2014 FMC Technologies receives an order from Star Deep Water Petroleum Limited (a Chevron company) to provide subsea equipment for operations in the Agbami field offshore Nigeria.
Chevron Cancels Canadian Arctic Drilling As Oil Prices Slide
Wednesday, December 17, 2014 Chevron says a plan to drill for oil in the Beaufort Sea in Canada's Arctic is on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.
Ukraine Says Chevron Plans To Pull Out Of $10B Shale Gas Deal
Monday, December 15, 2014 Chevron plans to withdraw from a $10 billion shale gas deal with Kiev, a senior Ukrainian presidential official says.
Beach Energy Reports on Nappamerri Trough Natural Gas Program in Australia
Friday, December 12, 2014 Beach Energy reports on progress at the Nappamerri Trough Natural Gas program in Australia.
Jumbo to Install Subsea Structures for Chevron's Wheatstone Project off WA
Wednesday, December 10, 2014 Jumbo bags contract from Technip install subsea structures for Chevron's Wheatstone project offshore Western Australia.
Chevron, Statoil, ONGC Secure Exploration Permits in NZ's Block Offer 2014
Tuesday, December 09, 2014 New Zealand awards 15 exploration permits as part of Block Offer 2014 to nine companies, including Chevron, Statoil and ONGC Videsh.
More Than $150B Of Oil Projects Face The Axe In 2015
Friday, December 05, 2014 Global exploration projects worth more than $150B are likely to be put on hold next year as plunging oil prices render them uneconomic, data shows, potentially curbing supplies by the end of the decade.
Chevron Turns On Taps at Jack/St. Malo in GOM
Tuesday, December 02, 2014 Chevron announces that crude oil and natural gas production has begun at the Jack/St. Malo project in the Lower Tertiary trend, deepwater US Gulf of Mexico.
NWS JV to Develop $1B Persephone Project Off Northwest Australia
Thursday, November 27, 2014 The North West Shelf joint venture approves development of the $1.02 billion Persephone project offshore northwest Australia.
Beach Energy Updates on Nappamerri Trough Natural Gas Program in Australia
Tuesday, November 25, 2014 Beach Energy provides update on the Nappamerri Trough Natural Gas (NTNG) program in ATP 855 and PRLs 33-49 in Australia.
Russia's Lukoil to Invest in Nigerian Project with Chevron
Friday, November 21, 2014 Russia's second-largest oil company, privately controlled Lukoil, plans to invest in Nigeria with U.S. oil major Chevron Corp., part of its push to seek opportunities away from Russia's state-dominated oil sector.