31 January 2013 20:12 [Source: ICIS news]
HOUSTON (ICIS)--Chevron will consolidate its supply and trading functions into a single supply and trading group within its Gas and Midstream organisation, the US-based company announced on Thursday.
The present structure has Chevron’s Downstream organisation overseeing the company’s trading operations for crude oil and refined products, while the Gas and Midstream operation is responsible for the company’s natural gas and liquefied natural gas (LNG) trading operations.
"These changes will more tightly integrate our supply and trading activities and allow our Gas and Midstream organisation to create value across our upstream and downstream assets," said
Joseph Geagea, 53, will lead the new consolidated organisation and retain his title as corporate vice president and president,
The new Gas and Midstream organisation will be effective on 1
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