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[1] [2] In April 2018, the company acquired the interest in the Elk Hills Oil Field previously held by Chevron Corporation for $460 million and 2.85 million shares. [3] [4] In July 2020, the company filed bankruptcy with $5 billion in debt; it emerged from bankruptcy in October 2020. [5] In March 2021, Mark A. (“Mac”) McFarland was ...
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries.
The Richmond Long Wharf, managed by Chevron Corporation. The Richmond Long Wharf is a major tanker terminal and port facility in Richmond, California. [1]The terminal receives petroleum, oil, byproduct and other petrochemical imports destined for the Chevron Richmond Refinery and other installations.
Chevron Corporation acquired the Perth Amboy Refinery in 1945. [3] In 1983 the refinery stopped production of gasoline and heating oil and concentrated on asphalt refining. [2] [4] A spill occurred in 2006 that resulted in approximately 31,000 gallons of oil released. Approximately 119,448 gallons of oil-water mixture were recovered and stored.
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While only the 18th-largest oil field in California in size, in total remaining reserves it ranks sixth, with the equivalent of over 110 million barrels (17,000,000 m 3) producible reserves still in the ground, according to the California Division of Oil, Gas and Geothermal Resources (Chevron Corp., the principal operator, estimates considerably more oil in the ground).
Sacramento Councilman Eric Guerra is the owner of at least $10,000 in Chevron stock, public documents show. As a board member of California’s leading air quality regulator, climate advocates say ...
The Chevron Richmond Refinery is a 2,900-acre (1,200 ha) petroleum refinery in Richmond, California, on San Francisco Bay. [1] It is owned and operated by Chevron Corporation and employs more than 1,200 workers, [ 1 ] making it the city's largest employer. [ 2 ]