Chevron CEO Mike Wirth Bemoans California Home While Praising Texas
- Californian policies have become ‘pretty restrictive,’ he says
- Biggest Chevron office is in Houston, Permian spending growing
Mike Wirth, chief executive officer of Chevron
Photographer: Spike Johnson/BloombergThis article is for subscribers only.
Chevron Corp. may be based in California, but Chief Executive Officer Mike Wirth had little praise for the state as he lauded the Texas business environment during an event in Houston on Wednesday.
The Chevron boss hailed Texas’s resource base, its skilled workforce and overall business environment while criticizing policies back in the Golden State in a wide-ranging fireside chat at a gathering organized by the Greater Houston Partnership. He also committed Chevron to reducing flaring and methane emissions in the Permian Basin and vowed to increase diversity among the company’s senior leaders.