Chevron announces leadership change (2023)

PERTH, Western Australia, 7th November 2018– Chevron Australia Pty Ltd today announced that Nigel Hearne, Managing Director of Chevron Australia and Head of the Australasia Business Unit, will become President of Chevron Asia Pacific Exploration and Production Company, effective February 1, 2019, based in San Ramon, California.

Hearne succeeds Steven W. Green, who has been named President of Chevron North America Exploration and Production effective March 1, 2019. In his new role, Hearne will oversee nine countries in the Asia-Pacific region and will report to Jay Johnson, Vice President - Executive Chairman of Chevron. President of Upstream.

CEO and President Mike Wirth said, “Nigel brings extensive international upstream and downstream operating experience to his expanded role. His recent start-up experience on our two major natural gas projects in Western Australia makes him uniquely qualified to take on this important leadership position."

In recent years, Hearne and his team have played a critical role in overseeing the early stages of production at the Chevron-operated Gorgon and Wheatstone natural gas facilities, ongoing investment decisions, including the development of Gorgon Stage Two, and in defense of collaborative industry efforts to get the most out of their long-term operated and non-operated domestic gas and LNG infrastructure.

Nigel holds a BA in Mechanical Engineering from the University of Sussex and an MA in Engineering Management from the University of Glamorgan. Since joining Texaco in 1989 as a facilities engineer at the Pembroke refinery in the UK, Nigel has held refining, operations and management roles of increasing responsibility in a variety of locations including the UK, US and Australia. In addition to his current role, Nigel has led numerous businesses across the company, including the Richmond refinery and the Appalachian Mountain business unit. Nigel will continue to increase the value of the Asia-Pacific region to the company.

Al Williams, currently Vice President of the San Joaquin Valley Business Unit, is appointed Managing Director of Chevron Australia and Head of the Australasia Business Unit in Perth, Australia, effective January 1, 2019, with responsibility for the interests and company's upstream activities in Australia and New Zealand.

In his current role, Al is responsible for Chevron's oil and gas production in California, with primary operations at seven field sites. Chevron is the largest oil and gas producer in California and is the leading producer of heavy thermal oil in the San Joaquin Valley and internationally. Previously, Al was President of Chevron Pipe Line Company (CPL), a position he assumed in May 2014. He was responsible for managing an extensive pipeline network of crude oil, natural gas and refined products and storage facilities in North America. CPL also provides technical, commercial, operational and project management support for Chevron's pipeline projects around the world.

In 27 years of service, he has held numerous leadership roles with increasing responsibilities in Thailand, Indonesia, Kazakhstan and numerous locations across the United States. Originally from Mississippi, Al received his BS in electrical engineering from Mississippi State University (MSU) in 1990 and an MBA from Tulane University in 1998.

Chevron is one of the world's leading integrated energy companies and, through its Australian subsidiaries, has had a presence in Australia for over 60 years. With the ingenuity and commitment of thousands of workers, Chevron Australia operates the Gorgon and Wheatstone natural gas facilities; manages its one-sixth stake in the North West Shelf Venture; operates Australia's largest onshore oil field on Barrow Island; and is a big investor in exploration.

Contact: Kathryn Ackroyd +61 438 969 164 (Perth)


This press release contains forward-looking statements relating to Chevron's operations based on management's current expectations, estimates and projections for the petroleum, chemical and other energy-related industries. Words or phrases such as "anticipates", "expects", "intends", "plans", "aims", "anticipates", "projects", "believes", "seeks", "program", "estimates", "positions ”, “pursue”, “may”, “could”, “should”, “budgets”, “outlooks”, “trends”, “guidance”, “focus”, “on time”, “on track”, “ is scheduled", "goals", "objectives", "strategies", "opportunities" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company's control and are difficult to predict. Therefore, actual results and results may differ materially from what is expressed or anticipated. on such forward-looking statements The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this report. Unless legally required, ch. evron undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Important factors that could cause actual results to differ materially from those in the forward-looking statements include: changes in crude oil and natural gas prices; changes in refining, marketing and chemicals margins; the Company's ability to realize anticipated cost savings and expense reductions; actions of competitors or regulators; exploration expense schedule; crude oil research calendar; the competitiveness of alternative energy sources or substitute products; technological developments; the results of operations and financial condition of the Company's suppliers, vendors, equity partners and affiliates, particularly during prolonged periods of low crude oil and natural gas prices; the inability or failure of the Company's joint venture partners to fund their share of operations and development activities; the possible failure to achieve expected net production from existing and future oil and natural gas development projects; possible delays in the development, construction or commissioning of planned projects; the possible interruption or interruption of the company's operations due to wars, accidents, political events, civil unrest, severe weather, cyber threats and terrorist acts, crude oil production quotas or other actions that may be imposed by the Organization of Petroleum Exporting Countries , or other natural or man-made causes beyond your control; changes in the economic, regulatory and political environments in the various countries in which the company operates; general national and international economic and political conditions; potential liability for corrective actions or assessments under existing or future environmental regulations and litigation; significant changes in products, investments or operations required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; potential liability resulting from other pending or future litigation; the future acquisition or disposition of assets or shares by the company or the delay or inability to close such transactions based on the required closing conditions; the potential gains and losses from disposal or impairment of assets; sales, divestitures, recapitalizations, industry-specific taxes, changes in tax terms or restrictions on the scope of the company's operations; currency movements against the US dollar; material reductions in corporate liquidity and access to debt markets; the impact of the 2017 US tax legislation on the Company's future results; the effects of modified accounting standards based on generally accepted accounting principles promulgated by regulatory bodies; the company's ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading "Risk Factors" on pages 19-22 of the company's Annual Report on Form 10-K. Other unknown or unpredictable factors that are not discussed in this report could also have material adverse effects on the forward-looking statements.

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