press release

Jay Pryor Named Vice President of Business Development

SAN RAMON, Calif., March 20, 2006 -- Chevron Corporation (NYSE: CVX) has appointed Jay Pryor to the position of vice president for business development, reporting to Dave O'Reilly, chairman and chief executive officer. The appointment is effective May 1, 2006.

"Jay's successful track record with the company and well-rounded experience in the industry make him well suited to build upon the momentum we have established in this strategic role," O'Reilly said. "The company is committed to pursuing new legacy positions in high-growth regions of the world. Russia, the Middle East and North Africa are among the areas of focus for us."

Pryor, 48, has served for the past four years as managing director of the Nigeria/Mid-Africa strategic business unit, one of Chevron's largest international upstream operations. While in Nigeria, he successfully led Chevron's commercial efforts aimed at delivering future production growth, such as capturing several new offshore leases and overseeing many major capital projects, including the $5 billion Agbami offshore oil project, the Escravos gas-to-liquids project and the Olokola LNG project.

Pryor joined Chevron in 1979 and has held numerous positions within the company, including manager of petroleum engineering at Tengizchevroil (a Chevron joint-venture partnership) in Kazakhstan and managing director for Thailand, before moving to Lagos, Nigeria. Pryor holds a Bachelor of Science in petroleum engineering from Mississippi State University.

Pryor replaces Sam Laidlaw, whose departure was recently announced.

Chevron Corporation is one of the world's leading energy companies. With more than 53,000 employees, Chevron subsidiaries conduct business in approximately 180 countries around the world, producing and transporting crude oil and natural gas, and refining, marketing and distributing fuels and other energy products. Chevron is based in San Ramon, California. More information on Chevron is available at www.chevron.com.

Updated: March 2006