Chevron is moving its headquarters to Texas from California, where it’s been stationed for more than 140 years, after the state’s climate regulations caused problems for the oil company.
The company announced Friday that it plans to move its headquarters to Houston from San Ramon. Although the company’s corporate roots in California stem from the 1800s, much of its activity has been flowing to Texas in recent years. Chevron has roughly 7,000 employees in the Houston area, compared to 2,000 in California.
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