VILLAFLORES, CYLLEN D.
BFA AA 4
MRS. ARACELI JAYNE CANONIGO-CULIBRA, MMBM
I. COMPANY PROFILE
Chevron is one of the world's largest integrated energy companies. Headquartered in San Ramon, Calif., we conduct business worldwide. We are engaged in every aspect of the crude oil and natural gas industry, including exploration and production, manufacturing, marketing and transportation, chemicals manufacturing and sales, geothermal energy, and power generation. We're also investing in renewable and advanced technologies.
The Caltex brand, as well as all its associated products and services are owned and operated by Chevron Corporation. Chevron operates through four business units in the Philippines: Our two upstream units are Chevron Geothermal Philippines Holdings, Inc., and Chevron Malampaya LLC; our downstream unit is Chevron Philippines Inc., formerly Caltex Philippines Inc.; and we operate a business processes support organization through Chevron Holdings Inc.
II. COMPANY MISSION AND VISION
The company's foundation is built on their values, which distinguish them and guide their actions. Chevron conducts their business in a socially responsible and ethical manner. They respect the law, support universal human rights, protect the environment and benefit the communities where we work. Chevron values the rich diversity of ideas, experience and skills of its employees. Chevron works to appreciate diversity in everything they do every day. They express their belief in the value of diversity through principles, practices and accountability.
To become the brand of choice, we rely on our creed of quality, professionalism, service and efficiency. This creed dictates that you come first and that you must receive ultimate worth and value through fast and polite service, modern, professionally managed facilities, and high quality products. You can count on Caltex for unique and compelling product and service offerings, for consistent delivery on brand promises and continuous productive and distinctive value for you.
At the heart of The Chevron Way is our vision ... to be the global energy company most admired for its people, partnership and performance.
Chevron’s vision means:
• To safely provide energy products vital to sustainable economic progress and human development throughout the world; • People and an organization with superior capabilities and commitment; • Are the partner of choice;
• Earn the admiration of all our stakeholders — investors, customers, host governments, local communities and our employees — not only for the goals we achieve but how we achieve them; • To deliver world-class performance.
II. CASE ANALYSIS
Chevron is one of the largest investors in the Philippines, with more than $2 billion in capital investments. We provide direct and indirect employment for at least 21,000 people. Chevron Philippines Inc. markets the Caltex brand of top-quality fuels, lubricants and petroleum products. Our network of service stations, terminals and sales offices form the backbone of our presence in the Philippines. A leader in geothermal power, Chevron operates steam fields that use heat from the earth to provide geothermal energy to plants that serve key population centers in the country. Our innovations have helped make the Philippines the second-largest geothermal energy–producing country in the world, after the United States. Chevron is currently the largest producer of geothermal energy in the world. Chevron holds an interest in the Malampaya gas-to-power project — the first natural gas development and largest industrial project in the Philippines. Chevron Holdings Inc., in Makati City, provides operational support to Chevron offices in Asia-Pacific, Africa and North America. A workforce of more than 1,000 supplies transactional, processing and...