Chevron to Sell California Campus, Move Some Staff to Texas
- Oil giant to maintain corporate headquarters in Golden State
- Chevron is taking advantage of ‘current real estate market’
The Chevron Park campus in San Ramon, California in 2004.
Photographer: Noah Berger/Bloomberg
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Chevron Corp. plans to sell its campus in the San Francisco Bay area and give employees the option of moving to Houston in the latest business migration to Texas.
The second-largest US oil explorer will lease new office space in San Ramon, California, and maintain its corporate headquarters in the Golden State where it’s been located for more than 140 years, according to a statement Friday.