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Berkshire Hathaway Inc.
Chevron is still going strong after 135 years
Chevron is still going strong after 135 years

At 135 years and counting, the oil company now known as Chevron Corp. is one of California's oldest survival stories. Chevron traces its history to 1879 when Pacific Coast Oil Co. was founded. It was bought, in 1900, by the vast industrial empire of the Standard Oil Co. & Trust, which once controlled almost all oil production, processing, marketing and transportation in the United States. It would emerge, 11 years later, with the breakup of the empire, when Standard Oil of California became an independent company. Although it bought one of the other Standard Oil companies in 1961, its surge didn't begin until the 20-year period of oil industry consolidation that began in...

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