CHEVRON CORP — Director's Dealing 2007

Aug 24, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2007-08-22

Reporting Person: Luquette Gary (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-22	Common Stock	M	8000	$44.9375	Acquired	16911	Direct
2007-08-22	Common Stock	S	233	$85.16	Disposed	16678	Direct
2007-08-22	Common Stock	S	1300	$85.2	Disposed	15378	Direct
2007-08-22	Common Stock	S	1400	$85.21	Disposed	13978	Direct
2007-08-22	Common Stock	S	1400	$85.22	Disposed	12578	Direct
2007-08-22	Common Stock	S	1667	$85.23	Disposed	10911	Direct
2007-08-22	Common Stock	S	2000	$85.25	Disposed	8911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-22	Non-Qualified Stock Option (Right to Buy)	$44.9375	M	8000	Disposed	2009-10-27	Common Stock (8000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14829	Indirect

Footnotes

F1: This number includes dividend equivalent accruals (191 shares) from awards granted under the Chevron Long-Term Incentive Plan.

F2: Between November 11, 2006 and August 22, 2007, the reporting person acquired 554 shares of Chevron Corporation common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.