Chevron will move its headquarters from the Bay Area to Texas, the company announced Friday, finalizing a move that many expected for years as California has sought to crack down on the burning of fossil fuels.
The energy giant, which traces its roots to 1870s San Francisco, sold its headquarters complex in San Ramon’s Bishop Ranch two years ago. Now, it reports that more than 7,000 of its workers are in the Houston area, while 2,000 remain in San Ramon.
Chevron’s top two executives will be the first to relocate to Texas by the end of the year, and all corporate functions are slated to move there over the next five years, the company said in a press release. It plans to keep employees supporting its California operations — including refineries, oil fields and gas stations — in the East Bay.
Environmentalists and other elected leaders have long blamed Chevron as a major contributor to climate change. It is one of several oil companies the state sued last year over climate-related issues, and its Richmond refinery is a continuing target of both official and unofficial air pollution complaints.