CHEVRON CORP — Director's Dealing 2007

Dec 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-12-05

Reporting Person: ROBERTSON PETER J (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-05	Common Stock	M	120000	$44.275	Acquired	147104	Direct
2007-12-05	Common Stock	S	78715	$89	Disposed	68389	Direct
2007-12-05	Common Stock	S	200	$89.0001	Disposed	68189	Direct
2007-12-05	Common Stock	S	2800	$89.005	Disposed	65389	Direct
2007-12-05	Common Stock	S	23733	$89.01	Disposed	41656	Direct
2007-12-05	Common Stock	S	200	$89.015	Disposed	41456	Direct
2007-12-05	Common Stock	S	3552	$89.02	Disposed	37904	Direct
2007-12-05	Common Stock	S	800	$89.03	Disposed	37104	Direct
2007-12-05	Common Stock	S	600	$89.04	Disposed	36504	Direct
2007-12-05	Common Stock	S	2100	$89.06	Disposed	34404	Direct
2007-12-05	Common Stock	S	600	$89.07	Disposed	33804	Direct
2007-12-05	Common Stock	S	200	$89.0701	Disposed	33604	Direct
2007-12-05	Common Stock	S	2700	$89.08	Disposed	30904	Direct
2007-12-05	Common Stock	S	100	$89.09	Disposed	30804	Direct
2007-12-05	Common Stock	S	3600	$89.1	Disposed	27204	Direct
2007-12-05	Common Stock	S	100	$89.11	Disposed	27104	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-05	Non-Qualified Stock Option (Right to Buy)	$44.275	M	120000	Disposed	2011-10-31	Common Stock (120000)	Direct
2007-12-05	Phantom Stock	$0	I	56	Acquired		Common Stock (56)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44140	Indirect
Common Stock	7100	Indirect
Common Stock	7100	Indirect

Footnotes

F1: This number includes dividend equivalent accruals (117 shares) from awards granted under the Chevron Long-Term Incentive Plan.

F2: Between August 2, 2007 and December 5, 2007, the reporting person acquired 291 shares of Chevron Common Stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F3: The option exercise price and number of shares are adjusted for the September 10, 2004, 2-for-1 stock split of Chevron Common Stock.

F4: The shares of phantom stock issued under the Chevron Deferred Compensation Plan for Management Employees become payable in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service.

F5: 1-for-1

F6: This number includes dividend equivalent accruals under the Chevron Deferred Compensation Plan for Management Employees.