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Chevron to move headquarters from California for Texas after warning on regulation

  • Chevron plans to move its headquarters from San Ramon, California, to Houston, Texas, after being sued by California for downplaying climate change effects.
  • The relocation aims to enhance collaboration among executives, employees, and partners, with an expected completion by January 1, 2025.
  • Chevron currently employs about 7,000 people in Houston and will transfer all corporate roles over five years.
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Forbes broke the news in United States on Friday, August 2, 2024.
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