Chevron

Chevron "CVX" is one of the largest energy company in the world which operates in more than 180 countries which established in San Francisco, California, as the Pacific Coast Oil Company in 1879. Currently, the company led by John S Watson as a Chairman of the Board and Chief Executive Officer. The company believes that their success is driven by the people and right commitment and by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth.Their principles bring the company to be one of the largest corporations in the world by revenue.

Chevron is engaged in upstream and gas, downstream, geothermal, exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.


Upstream explores for and produces crude oil and natural gas. At the end of 2011, worldwide net oil-equivalent proved reserves for consolidated and affiliated companies were 11.24 billion barrels. In 2011, net oil-equivalent production averaged 2.67 million barrels per day. Major producing areas include Angola, Australia, Azerbaijan, Bangladesh, Brazil, Canada, China, Denmark, Indonesia, Kazakhstan, Nigeria, the Partitioned Zone between Kuwait and Saudi Arabia, the Philippines, South America, Thailand, the United Kingdom, the United States, Venezuela, and Vietnam. Major exploration areas include the U.S. Gulf of Mexico and the offshore areas of Western Australia and western Africa. Additional areas include the Gulf of Thailand, South China Sea, and the offshore areas of Brazil, Canada, Liberia, Norway and the United Kingdom. Shale gas exploration areas include Canada, China, Poland, Romania and the United States.

In natural gas business, chevron engaged in every aspect: liquefaction, pipeline and marine transport, marketing and trading, and power generation. They have more than 160 trillion cubic feet of natural gas unrisked resources, an amount equivalent to approximately 27 billion barrels of crude oil. In Downstream and Chemicals sectors, their business includes refining, fuels and lubricants marketing, petrochemicals manufacturing and marketing, supply and trading, and transportation. In 2011, the company processed 1.8 million barrels of crude oil per day and averaged 2.9 million barrels per day of refi ned product sales worldwide.

In growing their business, chevron is using new technology which focused on driving business value in every aspect of their business operations. Their technology centers are located in Scotland, texas and Australia.




Chevron is also become the largest producer of geothermal energy in the world, with leading positions in Indonesia and the Philippines. They are involved in developing promising renewable sources of energy, including advanced biofuels from nonfood sources.

The foundation of business success and world-class performance at Chevron is operational excellence, which is defined as the systematic management of process safety, personal safety and health, environment, reliability, and efficiency

Earnings of the company depend mostly on the profitability of its upstream and downstream business segments. The single biggest factor that affects the results of operations for the company is movement in the price of crude oil. In the downstream business, crude oil is the largest cost component of refined products. Upstream Earnings for the upstream segment are closely aligned with industry price levels for crude oil and natural. Downstream Earnings for the downstream segment are closely tied to margins on the refining, manufacturing and marketing of products that include gasoline, diesel, jet fuel, lubricants, fuel oil, fuel and lubricant additives, and petrochemicals

The company headquarter is located at Chevron Corporation 6001 Bollinger Canyon Road San Ramon, CA 94583-2324. More information about chevron can be accessed at www.chevron.com