Chevron's latest earnings report has sparked attention, referencing President Donald Trump's latest executive order, which called for the Gulf of Mexico to be renamed to the "Gulf of America.” The unusual nod to Trump's terminology highlights the region's growing influence in Chevron’s business strategy, underscoring the company's continued investment and production in one of the world's most vital oil and gas hubs. This inclusion signals Chevron’s alignment with Trump’s agenda, embracing his vision of American energy dominance while subtly endorsing his framing of the Gulf as a cornerstone of U.S. energy power. By using his "Gulf of America" terminology, Chevron positions itself as a key player in the broader push for energy independence and nationalistic energy policies.
In its earnings report on Friday, Chevron highlighted several “key projects in the Gulf of America,” reflecting the shift in energy policy under the Trump administration. The report referred to the “Gulf of America” five times, signaling the company’s adoption of the new terminology. However, it’s important to note that while Trump’s executive order—signed on his first day in office—encouraged the new name, it does not have the legal authority to mandate that companies must refer to the body of water as the “Gulf of America.”
Trump received criticism for the name change. However, he defended the move, saying it was part of his push to make the United States “the greatest, most powerful, most respected nation on Earth."
Chevron has been Trump's major sponsor. The company donated $2 million to the president’s inaugural fund and moved its headquarters from the Democratic-led state of California to Texas.
Meanwhile, in its latest quarterly report, Exxon Mobile referred to the “Gulf of America” as the “U.S. Gulf Coast.”
Recommended
Google Maps also announced that it would change its name once officially updated in the U.S. Geographic Names System, though it will only be visible in the U.S. However, Mexican President Claudia Sheinbaum criticized the move, saying it was wrong for Google to change the name.
