Chevron Says ‘Adios’ to California as It Shifts HQ to Texas
- August 2, 2024
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Chevron plans to relocate its headquarters from California to Texas, joining a growing list of companies bound for the Lone Star State citing excessive regulation for their departure.
The Financial Times reports the second-biggest U.S. oil company said Friday it would leave the state where it has been a fixture for almost 150 years following clashes with authorities over climate policies and penalties it has said render California “closed for business.”