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.
85 Articles
85 Articles
Texas scores a goal on California as Chevron moves headquarters to Houston
The war between Gov. Gavin Newsom and the state’s once-immense oil industry entered a new phase a few days ago when Chevron, California’s oldest and best known producer of gasoline and other petroleum products, announced it was moving its corporate headquarters to Texas. Chevron, which dates its origins to the California Star Oil Works, which struck oil in the Santa Susana Mountains of Southern California in 1876, characterized the move from San…
Chevron moves headquarters to Texas citing regulatory challenges
Chevron is relocating its headquarters from California to Texas, citing challenges with the state's regulatory environment for businesses, particularly regarding fossil fuels and environmental policies.David Wethe, Karen Breslau, and Kevin Crowley report for Bloomberg.In short:Chevron is moving its ...
Chevron Uproots From California To Texas In Sign Of Rising Trend Among Corporations - AECOM (NYSE:ACM), CBRE Group (NYSE:CBRE)
In a significant corporate shift, Chevron (NYSE:CVX), a stalwart of California since 1879, has unveiled plans to relocate its headquarters to Texas. What Happened: The oil behemoth joins an expanding roster of companies that have chosen to uproot from California and set up shop in Texas. This decision comes in the wake of a lawsuit California lodged against Chevron and other energy firms, accusing them of understating the risks associated with f…
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