A major American energy company is leaving California for Texas after enduring years of "adversarial" state policies.
Chevron, one of the largest oil companies in the U.S., announced Friday that it is moving its corporate headquarters out of California and will relocate the center of its operations to Houston, Texas. The company's decision to leave California follows years of aggressive environmental policymaking from California Democrats that hurt Chevron's business.
"The company's headquarters will move from San Ramon, California, to Houston, Texas," the firm wrote in a press release announcing the move. "Chevron Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will move to Houston before the end of 2024 to co-locate with other senior leaders and enable better collaboration and engagement with executives, employees, and business partners."
