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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

PTTEP's Subsidiaries to Acquire Hess' Upstream Assets in Thailand for $1B
Wednesday, April 23, 2014 PTTEP's subsidiaries sign deal to acquire Hess' stakes in the Contract 4 Project in the Gulf of Thailand and in the Sinphuhorm project.
High-Cost Australia May Miss $180B LNG Expansion Wave
Friday, April 11, 2014 Stung by soaring costs, the gas industry paints a gloomy outlook for new LNG projects in Australia, putting at risk $180 billion of developments from 2018 onwards.
Chevron, YPF Boost Spending To Develop Argentine Shale
Thursday, April 10, 2014 Chevron and YPF say they would spend an additional $1.6 billion to continue developing Argentina's Vaca Muerta shale formation.
Chevron Expects First-Quarter Profit To Slip
Wednesday, April 09, 2014 Chevron expects first-quarter income to slip because of high currency conversion costs and environmental charges in its mining unit.
Russell: Australian LNG Investment Is At Risk, But Not As Much As Feared
Tuesday, April 08, 2014 The Australian oil and gas industry is telling everybody that a second wave of investment in LNG plants is at risk unless labor and regulatory costs are cut.
Chevron Brazil Faces Criminal Oil-Spill Charges, Reinstated on Appeal
Friday, April 04, 2014 Brazilian judges order a criminal prosecution of Chevron Corp. over a November 2011 oil spill.
Canada High Court To Hear Chevron In $9.1B Ecuador Lawsuit
Thursday, April 03, 2014 The Supreme Court of Canada agreed to hear an appeal by Chevron of a lower-court decision that said Ecuadorean villagers could pursue in Ontario their $9.51B lawsuit.
Chevron, Polish Firm Jointly Explore For Shale Gas
Monday, March 31, 2014 PGNiG and Chevron agree to jointly hunt for shale gas in southwestern Poland in a move to speed up the exploration amid tension with major gas supplier Russia.
Indonesia Says Crude Output Recovers After Brief Haze Disruption
Tuesday, March 25, 2014 Indonesia's production of crude oil recovers to above 800,000 bopd, as Chevron resumes operations after a brief stoppage last week due to haze from forest fires.
CB&I Bags $625M Contract from Bechtel for Wheatstone LNG Project in WA
Wednesday, March 19, 2014 CB&I bags a $625 million contract from Bechtel to provide structural, mechanical and piping construction work for the Wheatstone liquefied natural gas project in Western Australia.
Indonesia Crude Output Drops as Haze Hits Chevron's Sumatra Wells
Monday, March 17, 2014 Indonesia's crude oil production drops to 790,000 barrels per day after haze from forest fires on Sumatra forced the country's biggest producer, Chevron, to close hundreds of its wells, the country's oil and gas regulator says.
Ukraine Crisis Sharpens Focus on European Shale Gas
Friday, March 14, 2014 Ukraine's crisis underscores the importance of Europe's drive for greater energy security and could buoy development of shale gas as the continent looks to cut back on Russian supplies.
Indonesian Regulator Says Chevron Gas Project Delayed
Thursday, March 13, 2014 Chevron's multi-billion dollar Indonesia Deepwater Development (IDD) gas project faces a delay of up to 18 months, according to the country's oil and gas regulator.
Chevron Expects its 2017 Asia Pacific Production to Be 45% Above 2013
Wednesday, March 12, 2014 Chevron expects production from its Asia Pacific upstream assets to rise to 1 million barrels of oil equivalent in 2017, up 45 percent from 2013.
Chevron Trims Production Forecast On Project Delays, Rising Costs
Tuesday, March 11, 2014 Chevron Corp lowers expectations for its 2017 production, citing lower natural gas prices, rising costs and project delays.
Drilling Continues at Etty-1 Well in ATP 855 in Cooper-Eromanga Basin
Wednesday, March 05, 2014 Icon Energy reveals that drilling continues at Etty-1 well in ATP 855 in the Cooper-Eromanga Basin in Queensland, Australia.
Expanded Caspian Pipeline Hits Record High Oil Exports In Feb
Wednesday, March 05, 2014 Russian and Kazakh oil exports via the Caspian Pipeline Consortium hit a record high.
Wood Group Wins New North Sea Contract from Chevron
Wednesday, March 05, 2014 Oilfield services firm wins an extension contract from Chevron North Sea Limited, its second deal with Chevron North Sea in six months.
Watson: US Should Move Forward with LNG, Crude Exports
Tuesday, March 04, 2014 Chevron CEO John Watson says US should move forward with exporting oil and LNG, noting that debate on free trade benefits won "long ago".
CERAWEEK-Chevron CEO Says Ruling In Ecuador Case A 'Resounding Victory'
Tuesday, March 04, 2014 Chevron CEO John Watson says his company won a "resounding victory" after a US district judge quashed a judgment against the company that was handed down by an Ecuadorean court.