Chevron, the oil giant that was founded in California some 145 years ago, said Friday that it is relocating its headquarters from the Bay Area to Houston.
The announcement, which also included news of a reshuffling of senior management, was not a complete surprise given that the second largest U.S. oil company, based in San Ramon, has been battling with California over its aggressive climate change policies.
Chevron, in its statement, said the move would allow the company to “co-locate with other senior leaders and enable better collaboration and engagement with executives, employees, and business partners.” Chevron already has about 7,000 employees in the Houston area.
Enjoy the hurricanes you helped create...
It would be great if some reporter follows the construction of the buildings they're going to erect for this and it turns out they invest massively in hurricane/flood proofing.