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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

Chevron Says Plans To Give Up Romania Shale Gas Project
Monday, February 23, 2015 Chevron says it will give up shale gas exploration plans in Romania, after an assessment showed the Black Sea state does not compete favorably with other investment opportunities.
Chevron Brings 100 Jobs to Houston
Monday, February 23, 2015 As part of a scheduled relocation of 400 positions, Chevron has expedited the move of 100 jobs to Houston.
Chevron's 2014 Oil, Gas Reserves Slip After Chad Asset Sale
Friday, February 20, 2015 Chevron says its oil and natural gas reserves fell 1% last year largely due to the sale of its stake in a Chad oil field.
Indonesia's Petroleum Sector Remains Attractive for Investment
Friday, February 06, 2015 Indonesia remains an attractive place for foreign companies to invest in the petroleum sector, according to a top GE Oil & Gas executive.
Chevron Agrees to Acquire 30% Stake in 3 Offshore Blocks in Mauritania
Thursday, February 05, 2015 Chevron pens agreement to acquire a 30 percent interest in three blocks offshore Mauritania from Kosmos Energy.
Beach Energy Shuts in Geoffrey-1 Well in ATP 855 in Cooper-Eromanga Basin
Wednesday, February 04, 2015 Beach Energy shuts in Geoffrey-1 exploration well in ATP 855 in the Cooper-Eromanga Basin in Queensland, Australia.
Chevron Scraps 2015 Share Repurchase Program On Low Oil Prices
Friday, January 30, 2015 Chevron halts its 2015 share repurchase program, a move designed to conserve cash amid tumbling oil prices and its latest cost-cutting step after slashing capital spending.
Chevron Teams Up with BP, ConocoPhillips in GOM Leases
Wednesday, January 28, 2015 Chevron announces it will work with BP and ConocoPhillips to explore and appraise 24 jointly-held offshore leases in the northwest portion of Keathley Canyon in the deepwater Gulf of Mexico.
Chevron Inks Gorgon LNG Supply Agreement with SK LNG Trading
Wednesday, January 21, 2015 Chevron inks agreement to supply 4.15 million tons of liquefied natural gas from the Gorgon project offshore Western Australia to SK LNG Trading.
Icon Updates on Stimulation, Flow Testing Program in ATP 855 in Queensland
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.
Thailand to Proceed with Exploration Block Bidding Round Despite Opposition
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.