Chevron Corp. (CVX)
The company was founded in 1879 in the city of Pico Canyon, California. The second after ExxonMobil integrated US energy company, one of the largest corporations in the world. Headquarters – in the city of San Ramon, CA (USA)
In 2001, the company absorbed Texaco, received the name ChevronTexaco. In 2005 he returned to its previous name.
The company conducts oil production in the various regions of the world. It owns a number of oil refineries, as well as an extensive network of filling stations.
In 2015, the company has reduced operating costs and capital expenditures of $ 9 billion, and this year is expected a similar snizhenie.Chevron by volume in the 4th quarter of 2015 increased oil and gas production to 2.67 million barrels of oil equivalent per day from 2.58 million a year earlier. For the year as a whole, production increased by 2% – up to 2.62 million barrels of oil equivalent per day.
Chevron is planning capital expenditures in 2016 to 25% less than in the current year – $ 25-28 billion.