Chevron

History

Chevron was founded in 1879 as the Pacific Coast Oil Co. The company evolved into the Standard Oil Co. The Texas Fuel Co. formed in 1901, later became known as the Texas Co., and finally, as Texaco Inc. In 2001, ChevronTexaco was formed following the merger of these entities. The company's name was changed to Chevron in 2005. Today, Chevron is a global energy leader, enhancing its assets around the world.

Mission

The mission of Chevron is to be the global energy company most admired for its people, partnership and performance. Their goal is to be number 1 among their competitors in total stockholder return.

Area of Operation

The businesses of Chevron are:

• Additives
• Aviation
• Chemicals
• Fuels
• Lubricants
• Marine
• Power Services
• Specialty Products
• Technology & Energy Services
• Exploration and Production
• Natural Gas
• Refining, Marketing & Transportation
• Supply & Trading
• Pipelines
• Shipping
• Coal
• Worldwide Cash Management and Debt Financing Activities
• Corporate Administrative Functions
• Insurance operations
• Real Estate Activities

Key Statistics

• Chevron holds assets of $134.12 billion.
• Chevron has made profits of $17.51 billion in 2006.
• Chevron operates in approximately 180 countries.
• Chevron has 59,000 employees.

Organization

The organization structure of Chevron includes:

• Stockholders
• Board of Directors
• Executive Committee
• Corporate Officers
• Committees of the Board
• Committees under the Executive Committee

International Ranking

• Chevron ranks 6th in Fortune Global 500 list.
• Chevron ranks 16th in the world according to Forbes Magazine list.

Chevron has many subsidiaries which manage its global operations.

Recent Acquisition

Chevron acquired Unocal Corporation in 2005.

Headquarter Address

Chevron Corporation
6001 Bollinger Canyon Road
San Ramon, CA 94583-2324
USA
Phone: (925) 842-1000
Fax: (925) 842-3230