Chevron to move headquarters from California for Texas after warning on regulation ...Middle East

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Chevron to move headquarters from California for Texas after warning on regulation
By Kevin Crowley | Bloomberg Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business. The move announced Friday will end the company’s more than 140 years of being based in the largest US state and comes amid a shake-up in senior leadership ranks apparently aimed at improving results. Chevron already had slashed new investments in California refining, citing “adversarial” government policies in a state which has some of the most stringent environmental rules in the US. In January, refining executive Andy Walz warned that the state was playing a “dangerous game” with clima

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