Asia PR News

SAN RAMON, Calif., Aug. 30 /PRNewswire-AsiaNet/ –

New Centers Will Support Global Business Activities,
Help Meet Growth in Demand for Technical Services

Chevron Corporation (NYSE: CVX) today announced that it is opening energy
technology centers in Aberdeen, Scotland, and Perth, Australia. The two centers
will provide research, development and technical services for the company’s
worldwide operations.

Chevron Energy Technology Company (ETC) will operate the centers through
assigned local legal entities. The centers are expected to open in early 2007.
Approximately 100 technology professionals will be employed at each site. The
Aberdeen and Perth facilities will complement existing major technology centers
operated by ETC in California and Texas. Those centers provide research,
development and technical support to Chevron’s upstream, downstream, global gas
and emerging energy businesses around the world.

"We are excited about technology’s role in adding new oil and gas supplies
and new energy sources to meet the world’s growing energy demand," said Mark
Puckett, president, ETC. "With their robust energy industries, quality and size
of local and regional talent pools, and long-standing presence of Chevron
operations, Aberdeen and Perth are excellent locations for our new technology
centers.

"By locating technology centers strategically alongside Chevron’s
operations, we plan to deploy technology solutions faster, gain access to new
technology development opportunities, and increase our access to technical
talent globally," added Puckett.

"These global technology centers clearly demonstrate Chevron’s commitment
of bringing our proven technical capabilities to these core operating areas,"
said John Watson, president of Chevron International Exploration and Production
Company.

For Chevron, the new technology centers also provide an opportunity to
leverage the company’s experience and research through alliances with leading
universities and other research institutions. "ETC participates in several
partnerships and alliances internationally and in the United States, where we
are achieving a much larger impact from our technology investments and are
accelerating our results via broad access to external expertise and resources,"
said Puckett.

In addition to the experienced Chevron staff that will work in these
facilities, the majority of employees are expected to be hired from within each
region. Active recruitment campaigns are planned for the Aberdeen and Perth
technology centers to recruit both experienced personnel and university
graduates, including geologists, geophysicists, and petroleum, process and
facilities engineers, with an emphasis on candidates who have master’s and
doctorate degrees.

About Chevron
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, Calif. More information about
Chevron is available at www.chevron.com

SOURCE: Chevron Corporation

CONTACT: Australia,
Scott Walker,
+61-8-9216-4485, or

United States,
Leif Sollid,
+1-925-842-3422, or

United Kingdom,
Muriel Roberts,
+44-1224-334209,

all for Chevron Corporation

Web site: http://www.chevron.com

(CVX)