Chevron Corporation

Profile

Summary

Chevron is a fossil fuel company headquartered in San Ramon, California. It was founded in the 1870s as the Standard Oil Company of California and later acquired the assets of Texaco, another Standard Oil company. In 2011, courts in Ecuador ruled that the company should pay $9.5 billion for dumping an estimated 16 billion gallons of toxic waste and abandoning 1,000 waste pits at Texaco's Lago Agrio oil field in Ecuador's Amazon, after Indigenous communities like the Cofán and the Shuar sued the company. Not only has the company has refused to pay up, it has aggressively pursued the activists who supported the lawsuit, like Steven Donziger, one of the main lawyers on the case. Chevron has also been accused of serious environmental and human rights abuse in the Niger Delta, notably for financing the mobile police, also known as the “kill and go” squad, who shot and killed two Ilaje ethnic protestors during an occupation of Chevron’s Parabe platform in 1998. 

Products

Iron ore, coal, petroleum, copper, natural gas, nickel & uranium

Violations

Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
environment-related offenses$717,639,828367
government-contracting-related offenses$215,567,62911
financial offenses$117,974,0715
competition-related offenses$34,160,4874
employment-related offenses$12,460,22110

(September 29, 2022)

Number of Records
555
Total Penalties
$1,103,189,592 (september 29, 2022)
Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.

Stories

Article Archive
Videos & Podcasts
Chevron: Protect the Protest's Corporate Bully of the Year
Anti-Chevron Protesters Demand Justice
Chevron Staff Protesting Against Management Racism Against Nigerian Staffs | Punch

 

Books
Other Key Sources
  • Business and Human Rights Resource Centre's profile on Chevron - UK-based Business and Human Rights Resource Centre is an NGO that employs researchers on five continents who work with activists, companies and governments alike to advance human rights in business by eradicating abuse.
  • Corporate Rap Sheet on ChevronCorporate Rap Sheets, which detail corporate wrongdoing by some of the world's largest companies, are written by Philip Mattera, who heads the Corporate Research Project of Good Jobs First in the U.S.
  • Mirador's profile on Chevron - Mirador is a project of the France-based NGO Research Group for an Alternative Economic Strategy (GRESEA), which monitors abuse carried out by the largest multinational corporations in France and the world.

Activism

Recent & Ongoing Campaigns
Dozens protest in Richmond for Anti-Chevron Day

Amanda Hari | Kron4 | May 21, 2022

In the East Bay, dozens of people spent their afternoon outside the gates of the Chevron Richmond Refinery protesting. They say the big oil company has caused possibly irreversible environmental damage.

Chevron: Don’t drill in the Arctic National Wildlife Refuge

Environment Maryland | April 14, 2022

n an effort to protect the Arctic National Wildlife Refuge, which is one of America’s greatest natural treasures, Environment America delivered petitions to Chevron on behalf of our supporters and Environmental Action, urging the oil company to commit to no future drilling in that awe-inspiring wild space.

Anti-Chevron Day Rallies Intergenerational Communities

Danielle Parenteau-Decker | Richmond Pulse | May 28, 2021

Hundreds of people showed up at the gates of the Richmond Chevron Refinery on May 21 to paint street art and protest the refinery’s presence.

Protesters demand Chevron suspend payments to Myanmar junta ahead of shareholder meeting

Myanmar Now | May 25, 2021

Protests against US oil giant Chevron were held in multiple locations on Friday and Saturday as part of “Anti-Chevron Day,” in the lead-up to the company’s annual shareholder meeting scheduled for Wednesday.

Anti-Myanmar coup protest planned at Chevron facility

Amanda Battersby | UpStream | April 14, 2021

Burmese nationals in the United States are stepping up to support the population back home in Myanmar where the military shows no sign of stopping its deadly crackdown against pro-democracy protesters following its February power grab.

Climate Activists Protest Outside Chevron Headquarters in San Ramon

Sharon Katsuda | NBC Bay Area | September 27, 2019

Hundreds of climate activists, including a number of students, protested outside Chevron's corporate headquarters in San Ramon Friday morning, demanding that the company stop using fossil fuels.

Thousands Protest Chevron Oil Refinery in Richmond, California

Madeline Ostrander | The Nation | August 5, 2013

Richmond, California is home to the Golden State’s single largest greenhouse-gas polluter, the Chevron oil refinery and some of the fiercest local environmental politics and activism anywhere in the country.

Major Investigations
& Lawsuits
Chevron hit with $85 mln lawsuit over gas deliveries during Texas freeze

Sebastien Malo | Reuters | July 12, 2021

A Texas natural gas marketer has sued a unit of Chevron USA Inc in Houston federal court, asking for nearly $85 million from the oil giant for failing to make natural gas deliveries during a deep freeze across the state in February.

Lawyer who sued Chevron over Ecuador pollution faces N.Y. contempt trial

Sebastien Malo | Reuters | May 10, 2021

A disbarred American lawyer who spent more than two decades battling Chevron Corp (CVX.N) over pollution in the Ecuadorian rainforest attempted on Monday to fend off criminal contempt charges stemming from a lawsuit against him by the energy company.

U.S. Lawyer Steven Donziger Speaks from House Arrest in NYC After Suing Chevron for Amazon Oil Spills

Democracy Now | Amazon Watch | March 15, 2021

Decades of reckless oil drilling by Chevron have destroyed 1,700 square miles of land in the Ecuadorian Amazon, but the company has refused to pay for the damage or clean up the land despite losing a lawsuit ten years ago, when Ecuador's Supreme Court ordered the oil giant to pay $18 billion on behalf of 30,000 Amazonian Indigenous people.

AG Racine Sues Exxon Mobil, BP, Chevron, and Shell for Misleading Consumers About the Role Fossil Fuels Play in Climate Change

Office of the Attorney General for the District of Columbia | June 5, 2020

Attorney General Karl A. Racine today sued Exxon Mobil, BP, Chevron, and Shell for systematically and intentionally misleading District consumers about the role their products play in causing climate change.

Richmond v Chevron: the California city taking on its most powerful polluter

Susie Cagle | The Guardian | October 9, 2019

Local activists are suing the fossil fuel firms that gave the city life – but may also be slowly killing it

Criminal investigation at Chevron refinery

Jaxon Van Derbeken | SFGate | September 22, 2012

Federal authorities have opened a criminal investigation of Chevron after discovering that the company detoured pollutants around monitoring equipment at its Richmond refinery for four years and burned them off into the atmosphere, in possible violation of a federal court order, The Chronicle has learned.

Brazil Sues Chevron And Transocean For $11 Billion Over Oil Spill

Rainforest Action Network | December 14, 2011

This is huge: Brazil is suing Chevron and Transocean for $11 billion over their “lack of planning and environmental management.” The suit also seeks to suspend the companies from operating in the country. Brazilian officials obviously meant it when they vowed not to let Chevron get away with its environmental crimes:


 
Environmental Impacts
The West Texas Rancher Exposing Big Oil’s Buried Secrets

Russell Gold | Texas Monthly | July 2022

After an abandoned well began spewing toxic, salty water onto her Permian Basin land, Ashley Watt would stop at nothing to determine the cause—and to hold Chevron accountable.

A Leaking Roof During October Deluge Triggered Shutdowns at Chevron's Richmond Refinery

Ted Goldberg | KQED | February 4, 2022

Last October's prolonged heavy rain leaked through a roof into a key part of Chevron's Richmond refinery, leading to several days of pollution releases, according to reports the company recently filed with local regulators.

Chevron Says It Failed to Detect Pipeline Corrosion That Led to Bay Fuel Spill

Dan Brekke | KQED | October 27, 2021

Chevron says inspections at its Richmond refinery failed to detect corrosion on a pipeline that leaked hundreds of gallons of diesel fuel into the bay last February, a disclosure that one local official says shows the oil company's overall maintenance practices are inadequate to keep the oil-processing facility and the surrounding community safe.

8 Months After Chevron Oil Refinery Spill, Few Answers Surface About Cause

Ted Goldberg | KQED | October 21, 2021

In the eight months since hundreds of gallons of fuel from Chevron's Richmond oil refinery spilled into the bay, local air regulators and the state's workplace safety agency have issued a handful of violation notices against the oil giant.

Chevron Is Playing Americans for Fools with ‘Green’ Ad Blitz

Geoff Dembicki | Rolling Stone | October 11, 2021

One of the world’s top polluters of atmosphere-altering greenhouse gases has aired nearly 30,000 TV advertisements over the past 15 months, trying to convince people that it is green.

ExxonMobil and Chevron suffer shareholder rebellions over climate

Jillian Ambrose | The Guardian | May 26, 2021

US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their failure to set a strategy for a low-carbon future.

Why we’re holding Chevron accountable for its greenwashing campaigns

Raquel Dominguez | Earth Works | March 22, 2021

Earthworks, Greenpeace, and Global Witness have filed a complaint with the Federal Trade Commission (FTC) asking them to hold Chevron, the world’s second largest polluter, accountable for advertising itself as environmentally friendly.

Chevron Wins, But Ecuador's Amazon Remains an Unmitigated Environmental Disaster

Jason Koebler | Vice | August 9, 2016

One of the more complex and depressing legal sagas of the last several decades was dealt a severe blow Monday: A US appeals court ruled that Chevron will not have to pay a group of indigenous Ecuadorians $9.5 billion for environmental destruction related to oil drilling in the Lago Agrio area of the Amazon rainforest.

The Chevron incident: serious measures must be taken

World Wildlife Foundation | November 24, 2011

In addition to the thousand s of barrels of petroleum that are now polluting the ocean, degrading the environment and threatening the fishing economy, the Chevron incident has raised highly important questions that Brazil is still not prepared to face up to.

PERI Pollution Indexes

Based on United States Environmental Protection Agency data ranking the top 100 worst polluters.


Employment Practices
& Relations
Hundreds of Chevron workers at California refinery go on strike

Dani Anguiano and agencies | The Guardian | March 21, 2022

Hundreds of Chevron workers in California went on strike Monday after the company and the United Steelworkers union failed to reach a contract agreement.

Unions accuse Chevron of failing to reinstate sacked Nigerian workers

Oluwakemi Adelagun | Premium Times |  June 7, 2021

Two foremost Nigerian trade unions have accused Chevron Nigeria Limited of ignoring a 14-day ultimatum, last month, to reinstate three workers “unlawfully disengaged” at the behest of the American multinational.

Oil giant Chevron is cutting up to 15% of its workers and is requiring employees to reapply for jobs as it seeks to cut costs

Jennifer Hiller & Devika Krishna Kumar | Reuters | October 8, 2020

Chevron Corp employees worldwide are being asked to reapply for positions as part of a cost-cutting program expected to eliminate up to 15% of its workforce, people familiar with the matter said.

Workers protest at Chevron, say company plans sack of 600 Nigerians

Joshua Bassey | Business Day | Oct 2, 2020

Activities around the premises of Chevron Nigeria Limited, Ajah, Lagos, were on Friday morning disrupted as workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) staged a protest, accusing the oil company of planning to sack 600 Nigerians.

Chevron's Nigerian oil output threatened as workers strike

James Burgess | NewsDesk Nigeria | December 19, 2019

Senior Nigerian employees of US oil major Chevron have started strike action this week to protest against job cuts and non-payment of allowances, with the potential to disrupt the company's oil production, union officials said Thursday.

Chevron threatens to fire Bangladesh staff protesting asset sale: letter

Serajul Quadir | Reuters | May 23, 2017

U.S. oil company Chevron has threatened to fire staff protesting against the planned sale of its assets in Bangladesh to Chinese investors, according to a letter seen by Reuters, in a row that could delay the estimated $2 billion deal.

Financials

Corporate Headquarters
6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Most Recent Gross Revenue
$215.974 billion (2022) | source
Most Recent Net Revenue
$29.047 billion (2022) | source
Stock Exchange Tickers
NYSE: CVX
Subsidiaries

Note: Most recent list is not always the most complete list.

Croctail Subsidiary Tool using the CorpWatch API - This API extracts the subsidiary relationship information from Exhibit 21 of companies' 10-K filings with the US SEC.

  • CIK numbers link to SEC database (EDGAR)
  • Section 21 links to SEC list of companies.
  • Chevron Corporation Croctail

    Major Shareholders

    Click here for the latest list.


     
    Political Influence

    Open Secrets - Tracks corporate lobbying of US politicians.

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    Open Secrets Logo

    OpenSecrets.org Profile of Chevron Corporation


     
    Import & Export Data

    ImportYeti - Shipping Tracking Tool - Bill of ladings are public information that are too cost prohibitive, challenging to obtain and difficult to use for the average joe. ImportYeti's goal is to solve that problem.

     

    Subsidy Tracker
    Subsidy Tracker
    Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
    Click here for details on subsidies received by Chevron Corporation
    Tax Havens
    & Evasion
    Chevron Made $4.5 Billion in 2018. So Why Did the IRS Give Them a Refund?

    Will Peischel | Mother Jones | January 3, 2020

    In December, the non-partisan research group the Institute on Taxation and Economic Policy (ITEP) released a report entitled, “Corporate Tax Avoidance in the First Year of the Trump Tax Law,” outlining the tax rates for 379 of America’s largest corporations in 2018.

    Unions accuse Chevron of 'massive' tax avoidance via the Netherlands

    Andy Deutsch | Reuters | October 9, 2018

    International and Dutch unions filed a complaint with a global trade body on Tuesday accusing Chevron Corp. CVX.N of funneling billions of euros through letter box companies in the Netherlands to avoid taxation.

    Tax Evasion in the Oil and Gas Industry

    National Whistleblower Center | 2018

    Chevron’s Gorgon gas project in Australia was supposed to generate enough tax revenue to facilitate personal tax cuts for every Australian. Instead, most of the profits were siphoned off into offshore tax havens.

    US oil giant Chevron faces $300 million tax bill after ATO court victory

    Stephen Long | ABC News | April 20, 2017

    US oil and gas giant Chevron faces one of the largest tax bills in Australian history after failing to overturn a Federal Court judgement being pursued by the Australian Tax Office.

    Chevron paid only $248 tax on $1.7b profit, Senate tax inquiry told

    Neil Chenoweth | Australian Financial Review | November 8, 2015

    Chevron's Greater Gorgon partners, ExxonMobil and Shell are also expected to appear before the Senate committee next week, as well as Uber and Airbnb.


    Major Projects
    Chevron Phillips Chemical to begin construction of 1-hexene plant in south Texas

    Reuters | June 8, 2021

    Chevron Phillips Chemical (CP Chem) is set to soon start construction of plant to turn ethylene into 1-hexene that will be located near its Sweeny facility southwest of Houston.

    Chevron to buy Anadarko for $33 billion, boosting combined company's presence in Gulf

    The Advocate | April 12, 2019

    Chevron is buying Anadarko Petroleum for $33 billion, energizing its oil and gas drilling capabilities in Texas and the Gulf of Mexico while vaulting itself into a new league.

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