Chevron Corporation Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Chevron Corporation |
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Establishment |
1879 |
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Industry |
Oil and Gas |
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Geographical Presence |
Worldwide |
Based in California, Chevron Corporation operates as a multinational energy corporation that engages in the provision of administrative, financial management, and technology support for energy and chemical operations.
Chevron is one of the world’s largest companies being active in more than 180 countries operating across the entire value chain of every aspect of the oil, natural gas, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.
The company organizes its business into the Upstream and Downstream segments. The Upstream segment consists of exploration, development, and production of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transporting crude oil by major international oil export pipelines; processing, transporting, storage, and marketing of natural gas; and a gas-to-liquids plant. Chevron's oil and gas exploration and production operations are primarily in the US, Australia, Nigeria, Angola, Kazakhstan, and the Gulf of Mexico.
The Downstream operations include manufacture and sale of products such as fuels, lubricants, additives, and petrochemicals, refining of crude oil into petroleum products; marketing of crude oil and refined products; transporting of crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.
The company's most significant areas of operations are the west coast of North America, the U.S. Gulf Coast, Southeast Asia, South Korea, and Australia.
In July 2020, Chevron Australia Downstream Pty Ltd, a wholly-owned subsidiary of Chevron Corp., completed the acquisition from Puma Energy Asia Pacific B.V. of all shares and equity interests of Puma Energy (Australia) Holdings Pty Ltd for the amount of AU$425 million.
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CURRENT DATA |
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Company Revenue (2020) |
94.4 billion USD |
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Net Income (2020) |
-5.5 billion USD |
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Chairman and CEO of the Board |
Michael Wirth |
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Number of Employees (2020) |
48,100 |
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Registered Address |
6001 Bollinger Canyon Road San Ramon, California 94583-2324, United States |
Key Projects:
Gorgon project - The Gorgon Project is one of the world’s largest natural gas projects. With total daily production averaging 2.3 billion cubic feet of natural gas and 6,000 barrels of condensate in 2019, the Gorgon Project will continue to be an important pillar of the Australian economy for decades to come. Unlocking this energy puts Australia in a prime position to meet future demand and provide a clean-burning fuel, both at home and overseas.
Based on Barrow Island, the Gorgon Project includes a liquefied natural gas (LNG) facility with three processing units designed to produce 15.6 million metric tons of LNG per year. This includes a domestic natural gas plant.
The company makes strategic partnerships with other companies and governments as a part of its growth strategy. Chevron's partnership with Indonesia creates local, high-quality jobs that raise income levels and generate government revenues. The partnership spans more than 90 years and over that time has generated close to $200 billion in government revenue for Indonesia.
The company was founded in the year 1879 and is headquartered in California, United States.
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CONTACT INFORMATION |
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Phone Number |
1 925 842 1000 |
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Website |
www.chevron.com |