WSJ News Exclusive | Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion

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WSJ News Exclusive | Chevron Sells Global Headquarters, Pares Back in California Amid Texas Expansion
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Chevron has sold its current headquarters in California and plans to move into a nearby leased space about one-third of the size, as it continues to relocate employees to Texas

Chevron Corp. has sold its current headquarters in California and plans to move into a nearby leased space about one-third of the size, as itThe second-largest U.S.

oil company closed the sale Wednesday of its Chevron Park campus in San Ramon, Calif., its global headquarters for two decades, to Sunset Development Co. The family-run company had originally sold the 92-acre parcel to Chevron in the early 1980s.

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