Published 2 years ago

Chevron sells its California headquarters amid office downsizing, Texas expansion

Summary by Ground News

Chevron sold its 92-acre global headquarters in San Ramon to Sunset Development on Wednesday. Chevron also leased 400,000 square feet of office space from Sunset at a nearby property, which will serve as the oil giant's new headquarters. Chevron's rival Exxon Mobil said in January it would move its headquarters from Irving to Houston.

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Reuters

Breakingviews - Chevron’s geographical transition sends bad signal

Chevron is joining the migration to the Lone Star State. The $285 billion oil and gas driller has sold its California campus and is moving about 200 more employees to Texas. It still has a large Golden State presence and will keep its headquarters there, and the decision makes some sense. Even so, it sends a bad signal about energy transition.

2 years ago·United Kingdom

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Benzinga

Chevron Sells Global HQs, Downsizes California Office Space Amid Texas Expansion: Report - Chevron (NYSE:CVX)

Chevron Corp (NYSE: CVX) has sold its current California headquarters and plans to move into a leased space about one-third of the size. The company's main offices have resided in California for more than 140 years.The oil giant closed the sale of its Chevron Park campus in San Ramon, California, its global headquarters for two decades, to Sunset Development Co.Chevron also signed a lease for nearly 400,000 ...Full story available on Benzinga.com

2 years ago·New York, United States

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The Daily Caller

Oil Giant Sells California Office As It Ditches State For Texas

Chevron is selling its global headquarters in California as it continues to move its operations and employees to Texas, The Wall Street Journal reported Wednesday.

2 years ago·Washington, United States

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The Mercury news

Chevron sells vast San Ramon headquarters to Bay Area developer: $170 million-plus

Chevron has sold its vast San Ramon headquarters campus to veteran Bay Area developer Sunset Development in a deal that tops $170 million and will keep the oil titan's home base in the East Bay city.

2 years ago·San Jose, United States

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Business Insider

: Chevron sells its California headquarters amid office downsizing, Texas expansion

Chevron Corp. has sold its current headquarters in California and plans to move into a nearby leased space about one-third of the size, as it cont...

2 years ago·United States

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Live Mint

Chevron sells global headquarters, pares back in California amid Texas expansion

Oil company to move headquarters into smaller California space as it continues to relocate employees to Texas

2 years ago·New Delhi, India

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Chevron sells its California headquarters amid office downsizing, Texas expansion

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Breakingviews - Chevron’s geographical transition sends bad signal

Breakingviews - Chevron’s geographical transition sends bad signal

Chevron Sells Global HQs, Downsizes California Office Space Amid Texas Expansion: Report - Chevron (NYSE:CVX)

Chevron Sells Global HQs, Downsizes California Office Space Amid Texas Expansion: Report - Chevron (NYSE:CVX)

Oil Giant Sells California Office As It Ditches State For Texas

Oil Giant Sells California Office As It Ditches State For Texas

Chevron sells vast San Ramon headquarters to Bay Area developer: $170 million-plus

Chevron sells vast San Ramon headquarters to Bay Area developer: $170 million-plus

: Chevron sells its California headquarters amid office downsizing, Texas expansion

: Chevron sells its California headquarters amid office downsizing, Texas expansion

Chevron sells global headquarters, pares back in California amid Texas expansion

Chevron sells global headquarters, pares back in California amid Texas expansion

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