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Chevron announces possible regional HQ

PITTSBURGH (AP) -- Chevron Corp. says it plans to buy 61 acres of land near Pittsburgh for possible use as a new regional headquarters.

Chevron's Appalachian unit announced the agreements to purchase the Moon Township land in a Wednesday release. The purchase price wasn't disclosed. Moon Township is about 15 miles outside of downtown Pittsburgh.

Chevron is one of the largest producers of Marcellus Shale natural gas, with holdings in Pennsylvania, West Virginia, and Ohio. The company says a final decision on the use of the land will be made later this year.

Chevron says it already employs about 650 people in Pennsylvania. Nearly 400 of those jobs are already based in Pittsburgh-area office buildings.