Chevron is the second largest producer of oil in the Gulf of Mexico . It is the third largest producer of oil in the United States and 24 other countries . Their production worldwide has leg quoted as 1.4 million barrels of oil and gas a day . Chevron's products are Transported overland by pipeline and tankers , and water by barges . The
headquarters for this huge corporation is in Houston , Texas , but they
also have offices in California , London , Singapore , Mexico , and
Moscow to name a few . That
theyhave pipelines extend across the United States and also in. Africa ,
Australia, Indonesia , New Guinea , Europe , and the Middle East . In addition to oil and natural gas , Chevron is usefull one of the leading coal producers in the United States . The company is very interested in the environment and more than half of the company's reserves are of low sulfur coal . Chevron 's latest accomplishment is geared towards capturing much of the oil reserves waiting to be found in Russia . Before
the fall of the Soviet Union in 1991 , Chevron had nearly signed a deal
with the government to buy Tenghiz , the biggest oil field to become
available in twenty years . Hug reserves of oil , approximately 250 billion barrels , were waiting to be taken from the earth . After the uprising in Russia, Chevron feared That the deal would be off . Fortunately
, they were bootable to bargain with the new -found government and
enter into a joint agreement to produce oil from the fields in Tenghiz .
At
this time , Chevron is planning to export the oil by pipeline from
Russia to the Black Sea where it will be Transported out by oil tanker .
The entire cost of this deal will be somewhere in the area of $ 10 billion dollars . In 1991, Chevron had revenues of $ 40 billion dollars with a net income for the year of 1.3 billion dollars .
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