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Press release from Business Wire

Chevron to Consolidate Gas Engine Oils Under HDAX® Brand

<p class='bwalignc'> New Gas Engine Oil Portfolio Brings Together Best Products from around the Globe </p>

Monday, July 09, 2012

Chevron to Consolidate Gas Engine Oils Under HDAX® Brand11:35 EDT Monday, July 09, 2012 SAN RAMON, Calif. (Business Wire) -- Chevron Products Company, maker of technologically advanced engine oils, lubricants and coolants, today announced that it has begun consolidation of its gas engine oils under the Chevron HDAX® brand. The focus of the consolidation is on retaining the best products from Chevron's global portfolio, assuring customers have technology that has been proven in both the lab and the field. Chevron has built its new HDAX Gas Engine Oil line in a way that simplifies the product selection process. Customers will benefit by being able to easily identify which products best suit their needs. Lubricant resellers will benefit from having a streamlined product suite that is easier to sell and manage from an inventory perspective. The new three-tier HDAX product line will employ a numeric system for easy identification of the appropriate product for the desired application. In this new configuration, customers will find HDAX 7000, 5000 and 3000 series products, with higher numbers indicating a greater level of performance. Different products will be available at each tier (e.g., HDAX 5500, HDAX 5300) to meet varying market and application needs. The new three tier HDAX product line consists of the following:               Product     Formerly known as     Recommended Applications HDAX 7200     HDAX 7200     Lean-burn and stoichiometric four-stroke engines operating under high load, high temperature conditions High-speed four-stroke gas engines used in cogeneration applications Engines fueled by synthetic gas HDAX 5500 LFG     HDAX LFG     Four-stroke engines fueled by landfill gas containing elevated levels of Chloro-Fluoro-Carbons (C-F-Cs) Sour gas applications where corrosive wear is a special concern Engines where increased ash levels are preferred for improved valve recession control and head life HDAX 5300 Medium Ash     HDAX Medium Ash     Four-stroke engines fueled by sour gas Engines where increased ash levels are preferred for maximum valve recession control and head life HDAX 5200     HDAX Low Ash     Four-stroke and selected two-stroke stationary engines fueled by natural or synthetic gas HDAX 5100 Ashless     HDAX Ashless     All two-stroke and selected four-stroke stationary engines requiring an ashless-type engine oil and which use natural gas or synthetic natural gas as a fuel Preferred products for two-stroke engines with high compression ratios and turbochargers HDAX 3200 Low Ash     HPLX Low Ash 40     Four-stroke and selected two-stroke stationary engines fueled by natural or synthetic gas HDAX 3100 Ashless     Gas Engine Oil 541     Two-stroke high output, turbocharged and naturally aspirated gas engines requiring an ashless oil Also suitable for selected naturally aspirated four-stroke engines where minimal ash deposits are desired         “Chevron consistently looks across its global portfolio to evaluate how it can be improved to better meet the ever-changing needs of its customers,” said Jim Gambill, Delo and Industrial Brand Manager. “By eliminating product line complexity and focusing on only the best products from around the globe, we offer our customers and marketers the best available lubricants, ensuring maximum performance and equipment reliability.” Consolidation of Gas Engine Oils under the HDAX brand will commence on July, 1, 2012. At the end of the consolidation, Chevron's Gas Engine Oil product line will consist of only the three-tier HDAX product line. For more information on Chevron HDAX oils go to www.chevronlubricants.com North American customers with technical questions regarding products they are unfamiliar with can call Chevron's technical service help line at 1-800-LUBE-TEK (800-582-3835) or their local Chevron Representative. About Chevron Products Company Chevron Products Company is a division of an indirect, wholly owned subsidiary of Chevron Corporation (NYSE: CVX) headquartered in San Ramon, CA. A full line of lubrication and coolant products are marketed through this organization and its affiliates under the Chevron, Texaco and Caltex brand names. Select brands include Havoline®, Delo® and Havoline Xpress Lube®. Chevron Intellectual Property, LLC owns patented technology in advanced lubricants products, new generation base oil technology and coolants. For more information go to: www.ChevronLubricants.com For Chevron Products CompanyChip Dehnert, 415-365-8533chip.dehnert@cohnwolfe.comorBrent Tippen, 925-790-3938SXHU@chevron.com