CHEVRON CORP — Director's Dealing 2008

May 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2008-05-07

Reporting Person: KIRKLAND GEORGE L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-07	Common Stock	M	90000	$36.7	Acquired	101465	Direct
2008-05-07	Common Stock	S	200	$95.77	Disposed	101265	Direct
2008-05-07	Common Stock	S	14195	$96	Disposed	87070	Direct
2008-05-07	Common Stock	S	500	$96.005	Disposed	86570	Direct
2008-05-07	Common Stock	S	6451	$96.01	Disposed	80119	Direct
2008-05-07	Common Stock	S	1783	$96.02	Disposed	78336	Direct
2008-05-07	Common Stock	S	500	$96.025	Disposed	77836	Direct
2008-05-07	Common Stock	S	100	$96.0275	Disposed	77736	Direct
2008-05-07	Common Stock	S	1600	$96.03	Disposed	76136	Direct
2008-05-07	Common Stock	S	200	$96.035	Disposed	75936	Direct
2008-05-07	Common Stock	S	400	$96.037	Disposed	75536	Direct
2008-05-07	Common Stock	S	700	$96.0375	Disposed	74836	Direct
2008-05-07	Common Stock	S	3500	$96.04	Disposed	71336	Direct
2008-05-07	Common Stock	S	1100	$96.045	Disposed	70236	Direct
2008-05-07	Common Stock	S	100	$96.0475	Disposed	70136	Direct
2008-05-07	Common Stock	S	1646	$96.05	Disposed	68490	Direct
2008-05-07	Common Stock	S	211	$96.06	Disposed	68279	Direct
2008-05-07	Common Stock	S	1700	$96.07	Disposed	66579	Direct
2008-05-07	Common Stock	S	1140	$96.075	Disposed	65439	Direct
2008-05-07	Common Stock	S	500	$96.0775	Disposed	64939	Direct
2008-05-07	Common Stock	S	1500	$96.08	Disposed	63439	Direct
2008-05-07	Common Stock	S	800	$96.085	Disposed	62639	Direct
2008-05-07	Common Stock	S	200	$96.0875	Disposed	62439	Direct
2008-05-07	Common Stock	S	600	$96.09	Disposed	61839	Direct
2008-05-07	Common Stock	S	500	$96.095	Disposed	61339	Direct
2008-05-07	Common Stock	S	400	$96.1	Disposed	60939	Direct
2008-05-07	Common Stock	S	100	$96.105	Disposed	60839	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-07	Non-Qualified Stock Option (Right to Buy)	$36.7	M	90000	Disposed	2013-06-25	Common Stock (90000)	Direct

Footnotes

F1: The Form 4 is one of three being filed to report transactions occurring on May 7, 2008.

F2: This number includes dividend equivalent accruals (147 shares) from awards granted under the Chevron Long-Term Incentive Plan.

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

F4: One-third of the shares subject to the option vest on each of the first, second and third anniversaries of the date of grant.