Chevron to Relocate Headquarters from California to Houston, Texas

Aug 2, 2024, 10:59 AM

Chevron, $CVX, has announced plans to relocate its headquarters from California to Texas. The move is expected to have significant implications for both the company and the states involved. Chevron's decision comes after repeated warnings that California's regulatory regime was making it a tough place to do business. The new headquarters will be located in Houston, Texas. This announcement follows SpaceX's decision, made 2 weeks ago, to also move from California to Texas.