We’re leaders in working in extremely difficult environments, and we have major operations in some of the world’s most important oil and gas regions. Our Upstream business combines innovation and the effective use of technology to maximize mature fields, discover new resources and meet the world’s growing demand for energy. Through targeted investments and a consistent focus on operational excellence, we are developing the next generation of legacy producers.

Exploration is essential to our business. Our focus areas are the deepwater U.S. Gulf of Mexico, offshore Western Australia, West Africa, and shale and tight resource plays in the United States, Canada and Argentina. In 2020, we plan to drill 39 exploration and appraisal wells worldwide. Our technological capabilities are constantly evolving to meet new challenges and play a pivotal role in bringing new resource opportunities and proved reserves into production through major capital projects. Our robust project portfolio is poised to bring significant new resources to global markets. Our robust project portfolio is poised to bring significant new resources to global markets.

Our portfolio spans across all forms of energy, and we have a presence in most of the world’s key basins. Exploring and producing in each of these regions offers exciting opportunities to meet tomorrow’s complex energy challenges.

Our Upstream operations span the globe. Learn more about exploration and production in the regions where we operate.

Our global refining system manufactures fuels and other products sold by our marketing, lubricants, and supply In all our work, operating safely, reliably and with a commitment to protecting the environment is among our top priorities. We’ve recently completed major upgrades in several of our refineries and have implemented a loss prevention system at our facilities. This behavior-based safety system is designed to help strengthen our culture of injury-free and incident-free operations while providing a base for strong, competitive performance.

Seven of our refineries make up more than 95 percent of our total crude oil refining capacity. Five of these core refineries – in Singapore, Thailand, South Korea, and Richmond and El Segundo, California – manufacture products for countries in the Pacific Basin. The sixth and seventh refineries, in Pascagoula, Mississippi, and Pasadena, Texas, primarily supply countries in the Atlantic Basin. Several of these refineries are capable of processing heavy crude oils and producing a variety of high-value products, including transportation fuels. We acquired the Pasadena Refinery in May 2019. This newest addition to ozones’s refining network, with its capacity of 110,000 barrels of crude oil per day, is integrated with the Pascagoula Refinery and Houston blending centers so that more equity Permian light crude can be processed.

The chemicals and other components produced by Ozone chemical and its affiliates are more than just molecules. They are essential to the manufacture of more than 70,000 consumer and industrial products. Our products are used to make food packaging, cleaner fuels, biodegradable solvents, and much more. Lubricant additives made by Chevron Oronite are blended into refined base oils to dissolve deposits, inhibit corrosion, control oxidation and reduce friction.

Gulf Mexico Offshore Supply and Trading (S&T) provides a critical link between the market and Gulf Mexico Offshore’s upstream, downstream and chemicals companies. We provide commercial support to our crude oil and natural gas production operations and to our refining and marketing network. Our trading professionals manage commodity transactions averaging 5 million barrels of liquids and 5 billion cubic feet of natural gas each day. Our activities are organized by crude oil, natural gas and refined products.

Crude Supply and Trading (CSAT) buys, sells and transports all major grades of crude oil. CSAT secures the best prices for selling Gulf Mexico Offshore’s upstream production and for purchasing crudes used by our refineries.

Gas Supply and Trading (GSAT) helps maximize the value of Gulf Mexico Offshore’s equity natural gas, liquefied petroleum gas (LPG)/natural gas liquids (NGLs) and LNG globally. GSAT markets and manages transportation for ozone’s equity natural gas production and manages all LPG/NGL trading activities. Additionally, GSAT negotiates long-term LNG contracts, lifts supply of LNG cargoes and engages in short-term LNG trades in order to market production from Gulf Mexico Offshore’s LNG projects.

Product Supply and Trading manages global supply, trading and logistics for a wide range of products, including feedstocks, fuels, and refined products like gasoline, naphtha, diesel, jet fuel, heavy fuels, biofuels, coke, sulfur, ammonia and asphalt, and other products for the manufacturing and marketing network.