Chevron leaving California for Texas after 145 years

By David Wethe, Karen Breslau and Kevin Crowley | Bloomberg

Chevron Corp., based in California since the days of kerosene lamps, is moving headquarters to Texas after years of fighting Golden State officials over strict environmental policies and costly regulations.

The move announced Friday will end the company’s 145 years of being based in the most populous U.S. state. The shift prompted Texas Gov. Greg Abbott to welcome Chevron to its “true home,” while a spokesperson for his...