About Business
Chevron Corporation was formerly known as the Standard Oil Company of California and was based in Houston, Texas, United States. It is a multinational energy corporation established on 10 September 1879 by Charles N. Felton and Lloyd Tevis. The company specializes in producing oil and gas and works in over 180 countries. Alongside energy production, Chevron has its arms in refining, hydrocarbon exploration, chemicals manufacturing, marketing and transport, and power generation.? On 2 August 2024, Chevron Corporation announced that it would operate from Houston, Texas, instead of California. Technically, the company was formed in the 19th century as a small oil company that grew after it broke up with Standard Oil of California and acquired different companies. Soon, it became one of the largest providers of the petroleum industry.?