Where is chevron headquarters located?

Cars drive past sign with logo at the entrance to the world headquarters of petroleum company Chevron in the Bishop Ranch office park in San Ramon, California. Chevron is planning to relocate its global headquarters to a new leased space in California and sell its existing head office in the state, a company spokesperson told Reuters on Friday.

Is chevron moving its headquarters to California?

Chevron is planning to relocate its global headquarters to a new leased space in California and sell its existing head office in the state. Chevron is expected to shift its headquarters to the new site during the third quarter of 2023.

Why has chevron slashed investment in California?

Chevron said it had slashed investment in California by hundreds of millions of dollars since 2022 and rejected capital projects because the state’s energy policies have “made it a difficult place to invest”. The state’s local crude oil production has declined 28 per cent to 305,000 barrels per day over the past four years, according to EIA data.