Chevron Corporation is an American company engaged in studying, extraction and processing of energy reserves. The Multi-National Corporation realizes activities connected with gas, oil, coal and electricity production and sale. The Chevron Company was founded upon the 1901 discovery of the biggest oil-well in the US. The Texas "Oil Boom" bestowed upon the corporation-to-be enough reserves to strengthen its position in the US energy industry.
Ever since its foundation, Chevron has been pursuing a heavy-handed policy toward its business rivals. The company's founder got his reputation after he hoisted the Jolly Roger over his office as a warning of the heartlessness of his leadership. In the 20th century, the company's operations were equated with the activities of a criminal cartel; The Chevron Corporation entered the races for oil to gain exorbitant profit in Latin America.The company's operations have been at various times subjected to criticism, but the accusatory speeches from the business rivals only solidified the positions of the power-producing empire. For now, the corporation is safely holding the title of the most influential company in the world's oil industry. The company's production has spread to 180 of the 197 existing countries. The average annual profit of Chevron is twice as large as Ecuador's GDP. The financial making-up for the first half-year of 2018 has also shown a successful result: the company's net income doubled and reached $ 42.24 billion.
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