1、in a Circle1997 Annual ReportChevron:Buildingon SuccessTable of Contents1To Our Stockholders3Financial Highlights4Operating Highlights6Chevron at a Glance7Building on SuccessRecord performance and a strongfinancial base set the stage forcontinued growthStrategies for Success10Build a committed team1
2、0Accelerate international growthin exploration and production14Accelerate growth in theCaspian region14Maintain North American exploration and production value17Achieve top financial performancein U.S.refining and marketing19Continue Caltex growth inattractive markets21Improve competitive financialp
3、erformance in chemicals21Be selective in other businesses22Reduce costs across all activities23Report on the Environment24Glossary of Energy and FinancialTerms25Financial Review62Eleven-Year Financial Summary64Eleven-Year Operating Summary65Board of Directors66OfficersWhenever possible,Chevron print
4、s on recycledand recyclable paper.The company has printedits Annual Reports on recycled paper since 1990.The Chevron Waysets forth the companys key objectives andprinciples,including this statement on Protecting People and the Environ-ment:We are committed to protecting the safety and health of peop
5、le andthe environment.We will conduct our business in a socially responsible andethical manner.Our goal is to be the industry leader in safety and healthperformance,and to be recognized worldwide for environmental excellence.We will achieve this goal through:Safety:Safety is everyones responsibility
6、.Design,operate andmaintain our facilities to prevent injury,illness and incidents.Compliance:Establish processes to ensure that all of us understand our roles and all operations are in compliance.Pollution Prevention:Continually improve our processes to minimizepollution and waste.Community Outreac