雪佛龙Chevron Corporation (CVX) 1999年年度报告「NYSE」.pdf

1、The Energy to GrowChevron Corporation 1999 Annual ReportGulf of MexicoPapua New GuineaCaspian RegionNigeria1To Our Stockholders4Financial Highlights5Operating Highlights7Upstream:Exploration and Production10Downstream:Refining,Marketing andTransportation14Chemicals16Special Report:Technologies for a

2、 New Century18Board of Directors19Officers20Glossary of Energy and Financial Terms21Financial Review58Eleven-Year Financial Summary60Eleven-Year Operating SummaryABOUT THE COVERRemote-sensing images,captured by aircraft and satellite,provide keyinformation about an areas geology,vegetation and infra

3、structure.In Nigeria,Chevron is using such data to create an environmental baseline map.In Papua New Guinea,the com-pany has shared remote-sensing images in support of a World WildlifeFund environmental program.TABLE OF CONTENTSWhenever possible,Chevron prints on recycled and recyclable paper.Thecom

4、pany has printed its Annual Reports on recycled paper since 1990.CHEVRON IS WELL PREPARED FOR A CHANGING WORLDI feel fortunate to have been named chief executive officer of your company at one of themost dynamic times in our 120-year history.The competitive landscape has changed,emerging technologie

5、s are reshaping industry,and old approaches to business are givingway to new.What remains constant,however,is the importance of energy to the worldseconomic growth.With our enviable resource base,strong market and technology positions,and ourtalented and dedicated work force,Chevron is well prepared

6、 for this changing world.In this,my first letter to you,Ill highlight our 1999 accomplishments and lay outgoals for the next five years.But first,I want to acknowledge the leadership of my pred-ecessor,Ken Derr,who retired at the end of 1999.Ken contributed enormously to creat-ing todays Chevron a s