Providing Energy for Human Progress
Chevron is one of the world's largest integrated energy companies.
Headquartered in San Ramon, California, we conduct business in more
than 100 countries. We are engaged in every aspect of the oil and
natural gas industry, including exploration and production,
manufacturing, marketing and transportation, chemicals manufacturing
and sales, geothermal, and power generation. We're also investing in
renewables and advanced technologies.
Company Roots
We trace our earliest roots to an 1879 oil discovery at Pico Canyon,
north of Los Angeles, which led to the formation of the Pacific Coast
Oil Co. That company later became Standard Oil Co. of California and,
subsequently, Chevron. We took on the name "Chevron" when we acquired
Gulf Oil Corp. in 1984, nearly doubling our worldwide proved oil and
gas reserves. Our merger with Gulf was at that time the largest in U.S.
history.
Another major branch of the family tree is The Texas Fuel Company,
which was formed in Beaumont, Texas, in 1901. It later became known as
The Texas Company and eventually Texaco. In 2001, our two companies
merged to form ChevronTexaco. The name was changed to Chevron in 2005
to convey a clearer, stronger and more unified presence around the
world. The acquisition of Unocal Corporation in 2005 strengthened
Chevron's position as an energy industry leader, enhancing our oil and
natural gas assets around the world.
Global Scope
Our diverse and highly skilled global workforce consists of more
than 59,000 employees and about 5,800 service station employees. As a
company and as individuals, we take great pride in contributing to the
communities where we live and work. We also care deeply about the
environment and are proud of the many ways in which our employees work
to safeguard it.
In 2007, Chevron produced 2.62 million barrels of oil-equivalent per
day. About 70 percent of that volume occurred outside the United States
and in more than 20 different countries. Chevron had a global refining
capacity of more than 2 million barrels of oil per day at the end of
2007. Our marketing network supports more than 25,000 retail outlets on
six continents. And we have invested in 13 power-generating facilities
in the United States and Asia.
Energy Technologies
Technology is propelling our growth. We're focusing on technologies
that improve our chances of finding, developing and producing oil and
natural gas. We also are investing in the development of emerging
energy technologies – such as finding better ways to make
non-food-based biofuels, creating hydrogen fuel systems, devising
commercial uses for nano-materials and expanding our renewable energy
resources.
We recognize that the world needs all the energy we can develop, in
every potential form. Our employees work daily to find newer, cleaner
ways to power the world.
