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It maintains this branding to maintain Chevron's claim to the trademark in California. [1] It is located at 1501 Van Ness Avenue (as part of U.S. Route 101 ) in San Francisco, on the northwest corner of Van Ness Avenue and Pine Street.
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).
[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 ...
In April 2005, the United States oil company Chevron made an offer to acquire Unocal for US$16.6 billion, which was followed, after the companies had agreed to the transaction, by a competing unsolicited bid from the Chinese firm CNOOC Limited of US$18.5 billion on June 22. [11]
In the same week, California filed a civil lawsuit against five energy giants — Exxon Mobil, Shell, BP, ConocoPhillips and California-based Chevron — accusing them of misleading the public and ...
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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.
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