Chevron

The American global energy company Chevron Corporation specializes mostly in oil and gas. The Standard Oil Company of California, sometimes known as Socal or CalSo, is the second-largest direct descendant of Standard Oil. Its headquarters are in San Ramon, California, and it operates in more than 180 nations. Chevron is vertically integrated within the oil and gas industry and is involved in hydrocarbon exploration, production, refining, marketing, and transportation, as well as the production and sale of chemicals and electricity.

Chevron may trace its roots to a group of small oil companies in California that Standard Oil purchased in the 1870s and combined to form Standard Oil of California. After Standard Oil split up, the firm expanded quickly on its own through partnerships and acquisitions both inside and outside of California.

Eventually, it became one of the Seven Sisters that dominated the world's petroleum sector from the middle of the 1940s through the 1970s. Socal amalgamated with Pittsburgh-based Gulf Oil in 1985, changing its name to Chevron. In 2001, the newly combined business merged with Texaco. Currently, Chevron produces and sells petrochemicals, lubricants, additives, and fuels largely in Western North America, the U.S. Gulf Coast, Southeast Asia, South Korea, and Australia. In the United States, the company produced 791,000 barrels of net oil equivalent per day on average in 2018.

Founded: September 10, 1879
Headquarters: San Ramon, California, U.S.
Website: https://www.chevron.com/