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Gold/Mining/Energy : Chevron Corporation
CVX 137.91+1.9%Apr 17 3:59 PM EDT

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From: Sr K9/28/2022 11:59:12 PM
   of 31
 
Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion

Oil company to move headquarters into smaller California space as it continues to relocate employees to Texas

Chevron closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global headquarters for two decades. PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS

By Collin Eaton

Sept. 28, 2022 5:40 pm ET

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Chevron has sold its current headquarters in California and plans to move into a nearby leased space about one-third of the size, as it continues to relocate employees to Texas.

The second-largest U.S. oil company closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global headquarters for two decades, to Sunset Development Co. The family-run company had originally sold the 92-acre parcel to Chevron in the early 1980s.

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