Chevron Corporation

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As of late 2001, Chevron had 7,980 outlets in the United States and $52 billion in annual sales. In October of 2000, the company agreed to acquire Texaco, pending the merger's approval by the U.S. Federal Trade Commission.

Chevron was founded after an 1879 oil discovery in Pico Canyon, near the Santa Susana Mountains north of Los Angeles, California as the Pacific Coast Oil Co.

This entity was later acquired by Standard Oil. After the breakup of Standard Oil, the company was called Standard Oil of California or Socal.

Since 2001 it has been part of the ChevronTexaco company.

Chevron's patented gasoline additive is Techron.

Chevron's current advertising campaign consists of animated talking toy cars.

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When Chevron bought Gulf Oil in 1984, it acquired its operations in Nigeria, where it has since been criticized for human-rights violations. In 1998, Nigerian military and police forces killed two villagers who were occupying a Chevron oil platform to protest environmental damage caused by the company�s operations in the Niger Delta. Chevron had hired the security force and brought the soldiers in on its company helicopters.

One of the "Dirty Four" seeking to drill in the Arctic National Wildlife Refuge, Chevron has paid more than $70 million in fines, settlements, and penalties since 1980. Notable incidents include a 1992 pipeline break that spilled 16,800 gallons of crude oil into Cook Inlet, Alaska, and a 1992 guilty plea to 65 violations of the Clean Water Act for illegal discharges from platforms off the California coast. As of November 1999, the EPA listed Chevron as the "potentially responsible party" for 95 hazardous-waste Superfund sites - including 69 on the national priority list - more than any other oil company.

[edit] Refining record

Of the ten Chevron refineries Environmental Defense evaluated, four ranked in the top 15 percent.

Stance on global warming: Chevron belonged to the Global Climate Coalition as long as possible. Along with Exxon, Chevron has funded public-relations efforts that promote the work of climate-science skeptics.

[edit] Green initiatives

Chevron sponsors coastal cleanups and has reduced the amount of fuel it requires to produce and refine a barrel of oil by 15 percent.

[The above copied from http://www.sierraclub.org/sierra/200109/hattam1.asp]


[edit] External links

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