Highlights of Operations

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For the latest figures, view the 2013 Supplement to the Annual Report (4.7 MB).

Chevron is one of the largest investors in the Philippines, with more than $2 billion in capital investments.

Our subsidiary Chevron Philippines Inc. markets Caltex® fuels, lubricants and petroleum products. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines.

Chevron's geothermal operations in the Philippines help to make us one of the world's leading producers of geothermal energy. We operate steam fields that use heat from the earth to provide power to plants that serve key population centers in the country. Our innovations have helped make the Philippines the second-largest geothermal energy producing country in the world, after the United States, and we are exploring new opportunities for geothermal power in the Philippines. This work is done through our subsidiary Chevron Geothermal Services Company.

Chevron holds an interest in the Malampaya gas-to-power project, the first natural gas development and largest industrial project in the Philippines. Chevron Malampaya LLC is one of our upstream subsidiaries in the Philippines.

Our subsidiary Chevron Holdings Inc. provides operational support to Chevron offices on four continents. The workforce supplies transactional, processing and consulting services in areas ranging from finance to information technology.

Updated April 2013

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Fact Sheet

Philippines (60 KB)