Chevron

Chevron Corporation, established in 1879 as Pacific Coast Oil Company, has grown into one of the leading integrated energy companies worldwide. Initially shaped by its merger with Standard Oil Company of Iowa in 1906, Chevron evolved into Standard Oil Company of California before adopting its current name in the 1930s. A significant milestone in Chevron's history was the acquisition of Gulf Oil in 1984, which marked its transformation into a major global player. More recently, the acquisition of Hess in 2025 has further cemented its status in the energy sector.

Today, Chevron is headquartered in San Ramon, California, with a substantial presence in Houston, Texas. As of November 2025, the company operates over 8,000 branded retail fueling stations across the United States, with additional locations spread across North America, South America, Asia, Africa, and Europe. Employing approximately 45,298 people globally, Chevron's operations are divided into Upstream and Downstream segments, covering exploration, production, refining, marketing, and petrochemicals. The company is also actively investing in renewable energy, carbon capture, and geothermal power generation, highlighting its commitment to sustainable energy solutions.

In recent years, Chevron has focused on expanding its retail fueling network and energy infrastructure. The company is actively seeking new locations for fueling stations and energy projects, particularly in high-growth markets such as the United States, Canada, Mexico, Brazil, Argentina, and China. This expansion is supported by strategic investments in new technologies and a robust supply chain, ensuring Chevron remains a significant player in the energy landscape.

For commercial real estate professionals, Chevron's extensive network, credibility, and diverse formats—from fueling stations to energy infrastructure—offer valuable opportunities in site selection, leasing, and development. The company's ongoing growth and innovation initiatives ensure its continued prominence in both the energy and retail sectors.