What it does: Chevron is into the exploring, drilling, refining, sales, and distribution of petrochemicals and natural gas. Chevron also manufacturers and sells various chemicals.
Mission: Chevron's mission is to ensure the availability of reliable, affordable, and cleaner energy solutions that will drive human progress.
Size and presence: Chevron employs a significant number of employees in Nigeria. Its office is in Lagos.
Best known for: Chevron is one of the largest oil-producing companies in Nigeria. Before militancy started in the Niger Delta, Chevron was ranked third in oil production capacity in Nigeria, behind Shell and Mobil.
The good bits: Chevron has an enviable company culture. The company's pay is excellent and very competitive. Chevron employees enjoy numerous benefits. There's job security. There are good prospects for one's career.
The not so good bits: Employees may be subject to long work hours.
In 1911, Standard Oil disintegrated under the Sherman Antitrust Act. Standard Oil Co, one of the breakouts, was eventually rebranded as Chevron. This company was part of an oil-producing cartel known as the Seven Sisters, known for its dominance in the global oil market in the early 2oth century.
Chevron now owns the trademark of the defunct Standard Oil in 16 U.S states, some of which are southeastern states while the others are western states. The company runs a station in each state. Chevron wasn't fully adopted as the company's name at the time. It was mostly used for some of the company's retail products in the 30s. The company also used its other name, Calso, from the mid-40s to the mid-50s in territories behind its home territory.
Standard Oil merged with Gulf Oil in a massive merge deal in 1984. Later that year, the company officially adopted Chevron Corporation as its legal name after using the name for some of its retail products for several years. In 2000, Chevron bought Texaco for $45 billion, making it the 2nd largest oil firm in the U.S. Chevron has been on an acquisition spree since then.
In 2020, the company considered merging with ExxonMobil, but the deal didn't go through. This year, Chevron is among the companies to report a significant increase in its revenues and profits. In 1913, Chevron initially began operations in Nigeria when Texaco products were sold in the countryside. However, the company became indigenized in 1978.
Chevron is one large, happy family with a company culture rooted in a set of values the company refers to as the Chevron Way. The company builds its strength on trust and respect between employees first and then between the company and its clients. Chevron is a hub of diversity and inclusion, which reflects in the different genders, cultures, opinions, experiences, and ideas embodied by the employees in the company.
The company has the right work culture for young and fairly inexperienced human resources such as fresh graduates and even interns to thrive.
Chevron selects qualified job candidates through a thorough recruitment process that involves an application for the job, the first interview, and subsequent interviews if the candidate makes a good impression. After completing these interviews, the candidate will be offered the job.
As a leading energy firm in the industry, working at Chevron gives you an edge that will benefit your professional career. The company has undergraduate and graduate development programs that train and professionally develop interns and fresh graduates who want a career in the oil and gas industry. Chevron provides support for career development and offers on-the-job training through active projects.
The average annual salary for fresh graduates is approximately 1 million NGN.
In 2014, the University of Lagos Teaching Hospital was the recipient of a Molecular Biology Research Laboratory from Chevron. This facility helped with the diagnosis, management, and treatment of people with genetic anomalies. This laboratory is also credited for detecting the first Ebola case in Nigeria.
Last year, a credible news source reported that Chevron was at loggerheads with two prominent Nigerian trade unions because the former refused to rehire three former employees within the 14-day ultimatum given by the latter.