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Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries.
- September 10, 1879; 144 years ago as "Pacific Coast Oil Co."
- San Ramon, California, U.S.
- 43,846 (December 2022)
- US$246.3 billion (2022)
Chevron works to meet the world's growing demand for energy by exploring for oil and natural gas; refining and marketing gasoline; producing chemicals and more.
- They Were Founded in 1879
- The Chevron Name Has Been Used Since The 1930s
- They Are Based in San Ramon, California
- They Sell Over 3 Million Barrels of Refined Products Daily
- They Are Ranked in Two Fortune 500 Lists
- They Are One of The Seven Sisters Companies
- They Offer A Range of Alternative Energies
- It Is One of Two Fuel Brands to Be Top Tier Certified
- Chevron Corporation Had A World War II Military Production Contract
- Standard Oil of California and Gulf Oil Merged in 1984
Chevron Corporation was originally founded in 1879, but under a different name. One of its predecessors was Star Oil which was based in the Pico Canyon Oilfield in the Santa Susana Mountains. Near Los Angeles. The assets of Star Oil were acquired in 1879 by the Pacific Coast Oil Company. It had been established that year by George Loomis, Lloyd Tre...
This energy company was known by several other names before it became Chevron Corporation. Initially called the Pacific Coast Oil Company, it then became Standard Oil. In 1911, this company was broken into several pieces by the federal government. One of the new companies was Standard Oil Co. (California). They Changed the name again in 1926 to the...
Since the company was founded, it has always been based in California. Even as it has developed into a multinational company, this is where the headquarters have always been located. Originally, the company was based at 555 Market Street in San Francisco. The company’s headquarters are currently in San Ramon. The headquarters comprises of a 92-acre...
To put into perspective the size of this company, they sell 3.1 million barrels of their refined products every single day. This includes gasoline, diesel, and jet fuel. The original oil well discovered in the Pico Canyon Oilfield by Star Oil in 1876 produced just 25 barrels of oil each day. This gives some indication of the level to which this com...
This company is recognized as one of the largest and most commercially successful in the world. This is evident as they are included on two Fortune 100 lists. On the Fortune Global 500 listof the top 500 corporations worldwide, it was ranked as sixteenth. On a similar Fortune 500 list of the top US closely held and public corporations, Chevron was ...
From the mid-1940s to the 1970s, the global petroleum industry was dominated by a group of companies that became known as the Seven Sisters. Chevron was one of these companies. The other six companies that were part of the Seven Sisters were Anglo-Iranian Oil Company, Gulf Oil, Royal Dutch Shell, Standard Oil Company of New Jersey, Standard Oil Com...
In line with current trends, new technologies, and the environmental necessity to look for alternatives to fossil fuels, Chevron offer a range of alternate technologies. These include wind power, fuel cells, geothermal energy, hydrogen, and solar power. This company is aiming to expand its renewable power ventures further and they planned to spend ...
There are only two fuel brands in the world that are Top Tier certified. One of them is Chevron and the other is QuikTrip, which is a company based in Tulsa, Oklahoma. To become certified as Top Tier, a company has to meet a range of performance specifications so that they can become supported by major automakers. The fuel must pass a range of test...
During World War II, Chevron had a military production contract. This means that they manufactured fuels specifically for the use of military vehicles and operations. The standards of the products and services delivered by Chevron were very high, so the company was well regarded at that time. Of all the companies with World War II military producti...
Chevron, or Standard Oil of California as it was known at that time, merged with Gulf Oil in 1984. At that time, it was the biggest corporate merger in history in the world. Following the merger, they had to comply with United States antitrust laws and this involved California Standard diversifying many of the operating subsidiaries of Gulf Oil. Th...
Sep 4, 2023 · Chevron, in its most basic form, is an energy company. But when you peek under the hood, you find that it’s a lot more than that. Chevron’s work can be divided into two main areas: upstream and downstream operations. First, the “upstream” operations are about finding and extracting oil and gas.
May 13, 2024 · fuel solutions. Essential gasoline and diesel fuels. Reliable, lower carbon intensity alternatives. Fuels to meet the growing demands of today and to help create a lower carbon future. fuels for the modern world. For more than 140 years, we've met energy demands for millions around the globe. And we'll continue long into the future.
Oct 27, 2023 · Key Takeaways. Chevron is one of the largest multinational oil and gas industry companies in the world with substantial business activities in 22 countries. Chief Executive Officer (CEO) Michael...
Jan 17, 2024 · Publication. The End of Chevron?—What it Would Mean for Lower Courts, Federal Agencies, and Regulated Industry. January 19, 2024. Top takeaways from the January 17, 2024 oral arguments in Loper Bright and Relentless: The Supreme Court will likely invalidate the Chevron deference doctrine or leave it toothless.
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related to: What does Chevron do?Chevron is working to provide affordable, reliable, and ever-cleaner energy for millions. We believe in the power of humanity to solve any challenge.
