Based on its proven reserves and production of natural gas and natural gas liquids (NGLs), which are ethane, propane and butane, ConocoPhillips is the world’s largest independent exploration and production (E&P) company. and Phillips Petroleum Company merged in 2002 to form ConocoPhillips Co., an American multinational energy corporation with headquarters in Houston, Texas. It ranks second of the top three American oil companies with a 2017 market value of $197.03 billion.Ĭonoco Inc. Fuels and other products are marketed under the Chevron, Texaco and Caltex brands. With major operations in some of the world’s most important oil and gas regions, Chevron focuses on the Gulf of Mexico, offshore Western Australia, West Africa, and shale and other tight formations in the U.S. Its global refining system includes working refineries in California, Virginia and Mississippi in the United States, and one each in Ireland, South Korea, Singapore and Thailand.
Chevron operates across all sectors of the petroleum industry engaging in natural gas exploration and refining, oil-based chemical manufacturing, and geothermal energy production. Descended from Pacific Coast Oil Company, which was formed after the discovery of oil in California in 1879, the company has undergone several mergers, most recently with Gulf Oil to become Chevron.
Chevron Corporation is a multinational American oil company based in San Ramon, California.
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