Chevron: Difference between revisions

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Rice headed Chevron's committee on public policy until she resigned on January 15, 2001, to become National Security Advisor to President George W. Bush. Chevron honored Rice by naming an oil tanker Condoleezza Rice after her, but controversy led to its being renamed Altair Voyager.<ref>https://www.sfgate.com/politics/article/Critics-Knock-Naming-Oil-Tanker-Condoleezza-2935114.php</ref><ref>https://www.sfgate.com/politics/article/Chevron-redubs-ship-named-for-Bush-aide-2922481.php</ref>
Rice headed Chevron's committee on public policy until she resigned on January 15, 2001, to become National Security Advisor to President George W. Bush. Chevron honored Rice by naming an oil tanker Condoleezza Rice after her, but controversy led to its being renamed Altair Voyager.<ref>https://www.sfgate.com/politics/article/Critics-Knock-Naming-Oil-Tanker-Condoleezza-2935114.php</ref><ref>https://www.sfgate.com/politics/article/Chevron-redubs-ship-named-for-Bush-aide-2922481.php</ref>
= Sources=

Revision as of 12:42, 17 October 2022

Regions

Myanmar

According to a Spokesperson for Justice For Myanmar Yadanar Maung, Chevron has made enormous profits in Myanmar while simultaneously bolstering brutal military regimes.

Oil profits from joint projects have provided a major source of revenue for the military junta. [1] According to Human Rights Watch, natural gas projects in Myanmar generate more than $1bn in foreign revenue for the junta each year, its single largest source of foreign currency revenue.[2]

2007: In landmark lawsuits, Burmese villagers sued the US oil and gas company UNOCAL (now Chevron) and France’s TotalEnergies for complicity in gross human rights abuses committed by the Burmese military.[3]

2022: The energy firms Chevron and TotalEnergies have announced they will withdraw from Myanmar, a breakthrough for activists. [4]

Notable Directors

Samuel Armacost

Armacost has held lead positions for Chevron Corporation, BankAmerica Corporation Merrill Lynch Capital Markets, and Weiss, Peck & Greer L.L.C.(corporate buy-outs).[5]

Kenneth T. Derr

Kenneth T. Derr joined the Chevron Corporation in 1960 and served a number of executive positions, including President, until 1999. Derr also served until 2008 as the Chief Executive Officer of Calpine Corp, the largest natural gas fueled power producer in North America (calpine.com), and is or has been a director of AT&T Corp., Citigroup Inc., Citigroup Finance Canada Inc. and CitiCorp (Bloomberg Business). Derr served as Director of Halliburton Company, another fracking profiteer, from 2001 to May, 2009. [6]

David O'Reilly

Succeeding Derr in 2000 as Chairman of the Board and Chief Executive Officer of Chevron, then Chevron/Texaco after their 2001 merger was David O´Reilly. [7]

George Shultz

Condoleezza Rice

In 1992, George Shultz recommended Rice for a spot on the Chevron board. Chevron was pursuing a $10 billion development project in Kazakhstan and, as a Soviet specialist, Rice knew the president of Kazakhstan, Nursultan Nazarbayev. She traveled to Kazakhstan on Chevron's behalf and, in honor of her work, in 1993, Chevron named a 129,000-ton supertanker SS Condoleezza Rice.[8]

Rice headed Chevron's committee on public policy until she resigned on January 15, 2001, to become National Security Advisor to President George W. Bush. Chevron honored Rice by naming an oil tanker Condoleezza Rice after her, but controversy led to its being renamed Altair Voyager.[9][10]

Sources