Chevron Corp. (CVX) is one of the world's leadi
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Chevron Corp. (CVX) is one of the world's leading integrated energy companies and conducts business worldwide. There success is driven by our people and their commitment to get results the right way by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth. Chevron is involved in virtually every facet of the energy industry. They explore for, produce and transport crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemical products; generate power and produce geothermal energy; provide energy efficiency solutions; and develop the energy resources of the future, including research for advanced biofuels.
Company Roots
Chevron's roots trace 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. The company took on the name Chevron when they acquired Gulf Oil Corporation in 1984, which nearly doubled there worldwide proved crude oil and natural gas reserves.
Another major branch of there family tree is The Texas Fuel Company, formed in Beaumont, Texas, in 1901. It later became known as The Texas Company and, eventually, Texaco. In 2001, there two companies merged. The acquisition of Unocal Corporation in 2005 strengthened Chevron's position as an energy industry leader, increasing our crude oil and natural gas assets around the world.
Chevron's diverse and highly skilled global workforce consists of approximately 57,000 employees and about 3,800 service station employees.
In 2011, Chevron's average net production was 2.673 million barrels of oil-equivalent per day. About 75 percent of that production occurred outside the United States. Chevron had a global refining capacity of 1.96 million barrels of oil per day at the end of 2011.
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