Chevron Corporation is an American multinational energy corporation.  It is one of the world’s largest integrated energy companies and is headquartered in California. The Company has proved reserves of 11.3 billion barrels of oil equivalent and a daily production of 2.7 million barrels of oil equivalent. Chevron provides administrative, financial, management and technology support to United States and international subsidiaries. The Company is active in more than 180 countries of the world.



  1. It is highly diversified in gas, oil and geothermal energy sectors, including refining, exploration, and production. 
  2. Chevron is the world’s biggest manufacturer of geothermal energy and employs around 67,000 people globally.
  3. It is the second-largest incorporated energy corporation in the United States and is one of the biggest companies in the world.
  4. Chevron Company is U.S. based multinational energy corporation.
  5. Chevron has strong financial position and constantly increasing revenue each year.
  6.   Chevron Corporation is one of the globe’s six "supermajor" oil corporations.
  7. Chevron Corporation has strong global presence in more than one hundred and eighty (180) countries.
  8. It has big history of mergers and acquisition; some noticeable are: 
    a. In 2005, Chevron acquired the “Unocal Company”. Unocal has the big South East Asian   geothermal operations. 
    b. In 2010, Chevron acquired Pennsylvania based Atlas Energy Company for $3.2 billion in cash and extra $1.1 billion in debt owed by Atlas.
  9. It has a global marketing network in eighty four (84) countries with about 24,000 retail sites.
    Chevron Company has maximum brand loyalties for gasoline in United States.


  1. Breaking of the Clean Air Act in the United States
  2. Chevron Company was criticized for dropping its tax liabilities in the United States by buying oil from Caltex at inflated costs.
  3. Its operations in Africa, California and Ecuador have also been condemned as environmentally unsafe.
  4. Employee conflict in Nigeria and Legal action by the Iraqi Government resulted in declining sales of superior products.
  5. There has been a constant decline in the revenue amount of refined products.
  6. Chevron’s gas and crude oil reserves have been gradually declining constantly.


  1. Worldwide energy demand would augmented by a surprising 36% between 2008 and 2035.
  2. Oil demand in 2009 was 84 million barrels a day and is expected to grow up to 99 million barrels a day in 2035.
  3. United States has enlarged domestic oil production for the 1st time in a generation.
  4. Gas and oil will uphold to be pillars for worldwide energy/power supply for decades to come.
  5. Moderately priced gas and oil make renewable resource of energy like solar and wind comparatively less attractive and expensive to investors.
  6. New drilling method would open new opportunities for world-class gas and oil resources.
  7. Sufficient gas and oil to carry us onward until an alternative energy technology /sources can take their place.
  8. Enormous oil fields were discovered at Africa, Brazil, and Canada. These fields now supply North America with extra oil than Saudi Arabia.
  9. Energy experts currently forecast decades of commercial and residential power at rational prices.
  10. Renewable forms of energy and nuclear power would rise considerably.


  1. Canadian oil polish is more hazardous for the climate than most conservative oils because processing and mining of the sands need so much force and a loss of forests.
  2. Gas from shale depends on drilling methods and chemicals that may put in danger groundwater supplies.
  3. The economic downturn throttled the globe’s demand for energy, predominantly in the United States.
  4. Chevron is facing strong environmental regulations around the world.
  5. Access to gas and oil may continually be limited by geopolitics, particularly in geographic like the Middle East.
  6. Risks associated with conducting business outside the United States.
  7. Most experts forecasted that the United States had only 25 years of gas assets, and that it would require importing at least half of its requirements in the future.

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