and other infrastructure assets in the United States. In addition, the company operates pipelines for its 50 percent-owned CPChem affiliate. The company also has direct and indirect interests in other U.S. and international pipelines. In 2014, the company completed construction of a 136-mile, 24-inch crude oil pipeline from the Jack/St. Malo deepwater production facility to a platform in Green Canyon Block 19 on the U.S. Gulf of Mexico shelf, where there is an interconnect to pipelines delivering crude oil into Texas and Louisiana. Shipping: The company's marine fleet includes both U.S. and foreign-flagged vessels. The U.S.-flagged vessels are engaged primarily in transporting refined products, primarily in the coastal waters of the United States. The foreign-flagged vessels are engaged primarily in transporting crude oil from the Middle East, southeast Asia, the Black Sea, South America, Mexico and West Africa to ports in the United States, Europe, Australia and Asia, as well as refined products and feedstocks to and from various locations worldwide. In 2014, the company took delivery of three bareboat charter VLCCs and two Pacific Area Lightering vessels. The company also owns a 16.7 percent interest in each of seven LNG carriers transporting cargoes for the North West Shelf Venture in Australia. Other Businesses Power and Energy Management: The company's power and energy management operation delivers comprehensive commercial, engineering and operational support services to improve power reliability. The business operates various power assets, including gas-fired cogeneration facilities within the company's San Joaquin Valley operations in California, and renewable power facilities in California, New Mexico and Wyoming. The business also manages the company's investments in six renewable power projects in California, Arizona and Texas. The company also has major geothermal operations in Indonesia and the Philippines. Strategy In the upstream, the company’s strategies are to grow profitably in core areas and build new legacy positions. In the downstream, the strategies are to deliver competitive returns and grow earnings across the value chain. The company also continues to apply commercial excellence in supply, trading and transportation to enable the success of the upstream and downstream strategies, and to utilize technology across all its businesses to differentiate performance. History The company was founded in 1879. It was incorporated in Delaware in 1926. The company was formerly known as Standard Oil Company of California and changed its name to Chevron Corporation in 1984 and then to ChevronTexaco Corporation in 2001. Further, the company changed its name to Chevron Corporation in 2005.
(CVX*:Mexico Stock Exchange)
6001 Bollinger Canyon Road
San Ramon, CA 94583
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