Chevron corporation
Third place in fortune 500
company
The company history
 Chevron company has a long, robust history, which
began when a group of explorers and merchants
established the Pacific Coast Oil Co. on Sept. 10,
1879. Since then, the company's name has changed
more than once, but they have always retained
founders' spirit, grit, innovation and perseverance.
 Over the years, they joined with other companies,
each with their own history, strengths and character.
They've grown from a San Francisco-based company
with a five-state market in the Western United States
to a major corporation whose subsidiaries conduct
business worldwide. Throughout, they've retained our
fundamental purpose: to provide the energy people
need to fuel human progress!
Business
At Chevron, the businesses work in
concert to provide the energy that drives
human progress. Explore Chevron’s
companies to learn how they use global
resources, determination and ingenuity to
meet today’s complex energy challenges.
Company roots
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They trace their beginnings 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.
They took on the name Chevron when they acquired Gulf
Oil Corporation in 1984, nearly doubling their worldwide
proved crude oil and natural gas reserves. Their merger
with Gulf was then the largest in U.S. history.
Another major branch of the 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, their two companies merged. The
acquisition of Unocal Corporation in 2005 strengthened
Chevron's position as an energy industry leader, increasing
their crude oil and natural gas assets around the world.
Global Scope
 Their 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.
 Their marketing network supports retail outlets on six
continents. And they have invested in 13 powergenerating facilities in the United States and Asia.
Technology and Emerging
Energy
 Technology is propelling their growth. They
're focusing on technologies that improve
their chances of finding, developing and
producing crude oil and natural gas.
 They also are investing in the development
of emerging energy technologies, such as
finding better ways to make nonfood-based
biofuels, integrating advanced solar
technology into their operations and
expanding their renewable energy
resources.
Environment and Safety
 As a company and as individuals, they take
great pride in contributing to the
communities where they live and work.
 They also care about the environment and
are proud of the many ways in which their
employees work to safeguard it.
 Their persistent efforts to improve on o safe
work environment continue to pay off. In
2011, Chevron achieved significant levels of
safety as measured in days-away-fromwork ratings in both Upstream and
Downstream operations.
CEO of Chevron company
Their work
 They recognize that the world needs
all the energy we can develop, in
every potential form. That's why
employees of Chevron work daily to
find newer, cleaner ways to power the
world.