SAN RAMON, Calif.--(BUSINESS WIRE)--Apr. 1, 2009-- Chevron Corporation (NYSE: CVX) today announced that its subsidiary Chevron Africa Holdings Ltd. completed the sale of 100 percent of its shareholding in Chevron Uganda Ltd. to Total Uganda Ltd. (Total). Chevron announced on November 3, 2008, that Chevron Africa Holdings Ltd. agreed to sell its marketing affiliate in Uganda to Total.

Chevron Uganda Ltd.’s assets included 72 Caltex-branded service stations, an aviation operation at Entebbe International Airport, two lubricants warehouses and four fuel depots. Additional information on the transaction was not disclosed.

Chevron Corporation is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company’s success is driven by the ingenuity and commitment of approximately 62,000 employees who operate across the energy spectrum. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels and other renewables. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

Source: Chevron Corporation

Chevron Corporation
Lloyd Avram, 925-842-3422
AVRL@CHEVRON.COM