Chevron is a major investor in the Caspian Pipeline Consortium and is one of the largest investors in the Russian oil and gas infrastructure. Approximately $2.2 billion of the total project expenditure for the Caspian Pipeline Consortium took place in Russia, with a large portion used to hire Russian contractors.
Our business development team is actively pursuing additional upstream opportunities in Russia.
Our subsidiary Chevron Oronite has developed strong partnerships with several Russian oil companies to which we supply fuel and lubricants additives. We also market both Texaco- and Chevron-branded lubricants through two separate distributor networks.
Through Chevron Lummus Global, several of Chevron's industry-leading technologies have been licensed to Russian oil companies.
Chevron also is a committed member of the community in Russia, supporting social programs, education and the arts.
Updated March 2009