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| CHEVRON TEXACOFeatured Popular
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2202 Oil Center Ct Houston, Texas 77073-3333 US
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Chevron is one of the largest integrated energy companies in the world. Headquartered in San Ramon, California, and conducting business in approximately 180 countries, the company is engaged in every aspect of the oil and natural gas industry, including exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation.
Chevron develops and commercializes advanced energy technologies, including core hydrocarbon technologies, a global digital infrastructure and information technology. The current business development portfolio includes hydrogen infrastructure, advanced battery systems, nano-materials and renewable energy applications.
Another major root in the genealogical chart is the 1901 formation of The Texas Fuel Co. in
Beaumont, Texas
. It later became known as The Texas
Co.
and, eventually, Texaco Inc. In 2001, these entities merged to form ChevronTexaco. The name was changed to Chevron in 2005 to present a more unified presence in the global marketplace. The acquisition of Unocal Corporation in 2005 strengthened Chevron's position as a global energy leader, enhancing assets in key basins around the world.
With the addition of former Unocal employees, the company's diverse and highly skilled global work force stands at approximately 53,000 employees (excluding about 6,000 service station employees). Chevron and its people continue to take great pride in a commitment to community partnerships, social responsibility and environmental excellence.
In 2005, Chevron produced more than 2.5 million barrels of oil equivalent per day, with approximately 70 percent of the volume occurring outside the and in more than 20 different countries.
The acquisition of Unocal in 2005 added 1.5 billion barrels of oil equivalent reserves. Total reserves added during the year equated to 175 percent of production for the period.
With a global refining capacity of more than 2 million barrels of oil per day at year-end 2005, Chevron also has a marketing network that supports approximately 26,500 retail outlets - including those of affiliate companies - in nearly 90 countries. The company has interests in 16 power-generating assets in the and
Asia
, three of which were added with the Unocal acquisition in 2005.
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