two workers turning a pipeline off in the Phillipines philippines
highlightsofoperations

highlights of operations

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

In March 2020, Chevron sold its 45 percent nonoperated interest in the Malampaya natural gas field. This was the first natural gas development and largest industrial project in the Philippines.

From the Philippines, we provide operational support for Chevron offices on five continents. The workforce supplies transactional, processing and consulting services in areas ranging from finance to information technology.

businessportfolio

business portfolio

Chevron operates through two subsidiaries in the Philippines. Our Downstream company is Chevron Philippines Inc. We also operate a business processes support organization through Chevron Holdings Inc.

marketing and retail

Chevron has nearly 600 Caltex service stations in the Philippines. We sell a range of petroleum products, including Caltex with Techron® gasoline, Caltex Diesel with Techron D®, kerosene, lubricants and fuel additives.

Chevron has 20 supply facilities in the Philippines, including major terminals and depots. Our import terminal in San Pascual, Batangas, forms the hub of our transportation and supply operations in the Philippines. Chevron also provides jet fuel for airlines at Ninoy Aquino International Airport and at the Mactan Cebu International Airport.

Through distributors and Caltex stations, Chevron markets Havoline® engine lubricants and coolants for passenger cars and motorcycles. Techron® Concentrate Plus fuel additives, Delo® diesel engine oils, greases and other lubricating oils are also sold to consumers and commercial customers.

operational support

Chevron Holdings Inc. provides office support for various Chevron companies around the world. Areas of support include finance and accounting, human resources, information technology, customer relations and procurement. The company provides services to Chevron entities in Africa, the Asia-Pacific region, Australia, Europe and North America.

inthecommunity

in the community

Chevron works to improve the social and economic well-being of communities where we operate. We support programs focused on basic human needs, education, training, business development and the environment.

disaster relief

Chevron’s companies in the Philippines donate funds to various disaster relief efforts in the country. Our employees and contractors also contribute their own time and money to disaster relief.

In 2013, immediately following Typhoon Haiyan, Chevron donated $1.5 million to the American Red Cross to rehabilitate affected areas. Our subsidiaries, affiliates and employees in the Philippines made additional donations to the Philippine Red Cross (PRC) totaling approximately $70,000. In December 2016, we provided fuel support to the PRC for disaster relief operations in the aftermath of Typhoon Nina. In January 2020, Chevron’s companies in the Philippines donated $10,000 to the PRC to support relief efforts after the eruption of Taal Volcano. In March 2020, we made another donation of $10,000 to the PRC to aid COVID-19 response.

In 2012, we launched Metro Weather, a public-private partnership that created a network of 30 automated weather station (AWS) units in Metro Manila. They provide free, real-time weather data to help people prepare for severe weather conditions, such as tropical cyclones and severe flooding. Chevron provided the financial, technical and infrastructure resources by hosting the AWS units at select Caltex stations and continues to provide reinstallation and maintenance support for this project.

education and training

At Chevron, we believe that education is an important factor in the economic growth and well-being of the communities where we operate.

Energy for Learning® is a long-term initiative by Chevron and our Caltex retail brand that aims to expose people to new information, new skills and different ways of thinking. In partnership with local communities, governments and nonprofit groups, Chevron provides school supplies and refurbishes libraries and other school facilities.

The Caltex Fuel Your School program was launched in the Philippines in 2015. The program was honored with awards from the American Chamber Foundation of the Philippines and from the Public Relations Society of the Philippines. Almost 500 teachers and more than 300,000 11th- and 12th-grade students from succeeding levels in the highest-need public schools in Metro Manila, Davao City, Bicol Region and Northwest Luzon have benefited from the program. Other educational programs we support include:

  • Scholarships for 700 gifted high school and college students in need
  • The Brigada Eskwela (School Brigade), a repair and cleaning program of the Department of Education that serves various public schools in the Philippines
  • Donation of 123 laptop units in July 2020 and July 2021 to support distance schooling requirements of in-need students of Lumads in Mindanao and scholars in Bicol

Caltex also partners with various nonprofit groups to create skills training programs that offer job placement to trainees within six months to one year after they earn their certification. We work with the Don Bosco Pugad Foundation, which started the Manna From Heaven bakery and bakeshop training program, as well as its spin-off project, the Coffee & Saints Café, which teaches boys culinary and restaurant management skills. Our latest partnership resulted in Caltex-Pugad Mobile Mechanics, a service that brings skilled mechanics right to customers. Through the American Chamber Foundation of the Philippines, Chevron implemented Caltex TOOLS. The project trained more than 60 disadvantaged youth from the host community of San Pascual, Batangas, to become world-class scaffolders and arc welders.

economic development

In the Philippines, Chevron supports programs that assist small businesses and offer training in agriculture, fisheries and home industries.

In Kalinga province, Chevron partnered with Kalinga-Apayao State College to train members of the community and help provide access to markets for local products such as coffee, macadamia nuts, unoy (red rice), oranges and traditional crafts. Through the United People of Kalinga Enterprise Enhancement Program, we work with our partners to promote indigenous knowledge through sustainable enterprise development.

caring for the environment

In 2014, Chevron employees witnessed the results of their environmental stewardship when 69 olive ridley sea turtle eggs hatched on a beach adjacent to Chevron’s Batangas terminal. More than 600 employees, Caltex retailers, business partners, teachers and students cleaned the beach of trash and debris, which improved conditions for the turtles to nest in the area. We worked closely with the Department of Environment and Natural Resources and wildlife experts to move the nesting area to drier ground, where the turtles hatched then made their way to the sea. Chevron has since created a sea turtle encounter training program for employees, contractors and visitors and has made coastal cleanup in Batangas an annual employee volunteer activity. Between December 2018 and January 2019, seven nesting sites were discovered along the shore with an average of 100 eggs per nesting site. A total of 250 sea turtle hatchlings were returned to the sea in February 2019.

Chevron is committed to providing a nesting ground sanctuary for this endangered species. We’re doubling our efforts by refreshing training for sea turtle patrolling on top of the annual coastal cleanups.

Chevron is collaborating with the Cabiokid Foundation, Inc., the Tiwi local government and the Department of Education to establish a model farm to train teachers, students and parents in sustainable agricultural technologies.

We supported the Malampaya Foundation Inc., which helped local communities implement effective coastal resource management plans. In 2014, 17 conservation agreements were signed throughout the provinces of Palawan and Oriental Mindoro.

recordofachievement

record of achievement

For nearly a century, Chevron’s investments and operations in the Philippines have made important contributions to developing the country’s energy and petroleum industry.

These are some of our pioneering achievements:

  • First American oil marketer, in 1917
  • First multinational regional-business-operations support office recognized by the Philippine government, in 1998
  • Among the first natural gas developers as part of the Malampaya Deepwater Gas to Power Project Consortium, in 1999

Chevron started working in the Philippines in 1917, when The Texas Company – later Texaco – began marketing its products through a local distributor. Texaco Philippines was formally established in 1921 and opened an office in Manila.

In 1936, a joint venture between The Texas Company and Chevron predecessor Standard Oil Co. of California created Caltex, which then took over marketing operations in the Philippines.

Eleven years later, Caltex converted its Pandacan warehouse depot in Manila into its first distribution terminal in the Philippines.

In 1954, Caltex inaugurated the Batangas Refinery at San Pascual, the first petroleum refinery in the Philippines. In 2003, this refinery was converted into a finished-import terminal, with a storage capacity of at least 2.5 million barrels.

Chevron established Chevron Holdings Inc. in 1998.

In 2001, Chevron Malampaya LLC, together with the other members of the project consortium, delivered the country’s first commercial gas supplies to two power generation plants. Another 500-megawatt gas power plant came on line in 2002. With a total combined capacity of 2,700 megawatts, the plants meet approximately 20 percent of the country’s power needs. Chevron sold its share in the Malampaya field in March 2020.

contact

contact

Chevron Philippines Inc.

6/F 6750 Ayala Avenue
Makati City 1226
Philippines
Telephone: +632.8841.1000
Fax: +632.8841.1547
Media Relations: Chevron Philippines – Corporate Affairs
Caltex Fuels & Lubricants: Contact us in Philippines
Career Opportunities: Chevron Philippines – Human Resources

Chevron Holdings Inc.

Manila Shared Services Center
35/F Yuchengco Tower
RCBC Plaza 6819 Ayala Avenue
Makati City 1200
Philippines
Telephone: +632 7793 4000
Fax: +632 7793 4422
Email for general inquiries: MSSCCommunications@chevron.com
Career Opportunities: Careers at Chevron

disclosure;forward-lookingstatements

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER IMPORTANT LEGAL DISCLAIMERS

This website contains forward-looking images and statements relating to Chevron’s operations and lower carbon strategy that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “progress,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions, and variations or negatives of these words, are intended to identify such forward-looking statements, but not all forward-looking statements include such words. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Our ability to achieve any aspiration, target or objective outlined in this report is subject to numerous risks, many of which are outside of our control. Examples of such risks include: (1) sufficient and substantial advances in technology, including the continuing progress of commercially viable technologies and low- or non-carbon-based energy sources; (2) laws, governmental regulation, policies, and other enabling actions, including the granting of necessary permits by governing authorities; (3) the availability and acceptability of cost-effective, verifiable carbon credits; (4) the availability of suppliers that can meet our sustainability-related standards; (5) evolving regulatory requirements, including changes to IPCC’s Global Warming Potentials, affecting ESG standards or disclosures; (6) evolving standards for tracking and reporting on emissions and emissions reductions and removals; (7) customers’ and consumers’ preferences and use of the company’s products or substitute products; (8) actions taken by the company’s competitors in response to legislation and regulations; and (9) successful negotiations for carbon capture and storage and nature-based solutions. Further, standards of measurement and performance set forth in this report made in reference to our environmental, social, governance, and other sustainability plans and goals may be based on protocols, processes and assumptions that continue to evolve and are subject to change in the future, including due to the impact of future regulation. The reader should not place undue reliance on these forward-looking statements. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic, market and political conditions, including the military conflict between Russia and Ukraine, the war between Israel and Hamas and the global response to these hostilities; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures related to greenhouse gas emissions and climate change; the potential liability resulting from pending or future litigation; the ability to successfully integrate the operations of the company and PDC Energy, Inc. and achieve the anticipated benefits from the transaction, including the expected incremental annual free cash flow; the risk that Hess Corporation (Hess) stockholders do not approve the potential transaction, and the risk that regulatory approvals are not obtained or are obtained subject to conditions that are not anticipated by the company and Hess; potential delays in consummating the transaction, including as a result of regulatory proceedings or the ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement; risks that such ongoing arbitration is not satisfactorily resolved and the potential transaction fails to be consummated; uncertainties as to whether the potential transaction, if consummated, will achieve its anticipated economic benefits, including as a result of regulatory proceedings and risks associated with third party contracts containing material consent, anti-assignment, transfer or other provisions that may be related to the potential transaction that are not waived or otherwise satisfactorily resolved; the company’s ability to integrate Hess’ operations in a successful manner and in the expected time period; the possibility that any of the anticipated benefits and projected synergies of the potential transaction will not be realized or will not be realized within the expected time period; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; higher inflation and related impacts; material reductions in corporate liquidity and access to debt markets; changes to the company’s capital allocation strategies; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 26 of the company’s 2023 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed on this website could also have material adverse effects on forward-looking statements.