Chevron (NYSE:CVX) is a fully integrated energy company engaged in all aspects of the oil and natural gas industry, including exploration and production, refining and marketing, chemicals manufacturing, and transportation. Through its upstream segment, Chevron explores for, develops, and produces crude oil and natural gas from both onshore and offshore resources across multiple continents. The company’s downstream operations refine, market, and distribute fuels, lubricants, and petrochemicals under well-known brands such as Chevron, Texaco, and Caltex.
In its upstream business, Chevron leverages advanced seismic imaging, drilling technologies, and digital analytics to optimize recovery and enhance project economics. Major producing regions include the Permian Basin in the United States, deepwater Gulf of Mexico, Australia’s liquefied natural gas (LNG) facilities, and oilfields in West Africa and Southeast Asia. The company is also investing in low-carbon energy solutions, including geothermal, carbon capture and storage (CCS), hydrogen, and biofuels, to support the global energy transition.
Chevron’s downstream network encompasses a global system of refineries, supply terminals, and retail outlets that deliver transportation and industrial fuels, as well as specialty products, to customers in more than 180 countries. Its refining capacity is strategically located to serve key markets in North America, Europe, Asia, and Latin America. The company’s chemical division produces base chemicals, additives, and plastics through joint ventures and wholly owned facilities, supplying raw materials to industries ranging from automotive to construction.
Founded in 1879 as the Pacific Coast Oil Company, Chevron’s heritage includes its role as part of Standard Oil of California and subsequent growth through mergers with Gulf Oil and Texaco. Today, Chevron is led by Chairman and Chief Executive Officer Michael K. Wirth, under whose leadership the company has continued to strengthen its operational performance, prioritize safety and environmental stewardship, and advance its strategic vision for diversified energy solutions. With a workforce spanning thousands of employees and partnerships worldwide, Chevron seeks to meet the world’s evolving energy needs responsibly and sustainably.
