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in the news
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October 27, 2023
chevron reports third quarter 2023 results
Chevron Corporation (NYSE: CVX) reported earnings of $6.5 billion ($3.48 per share - diluted) for third quarter 2023, compared with $11.2 billion ($5.78 per share - diluted) in third quarter 2022.
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October 23, 2023
chevron announces agreement to acquire hess
Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Hess Corporation (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023.
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September 12, 2023
chevron acquires majority stake in the advanced clean energy storage hydrogen project in delta, utah
Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a majority interest in ACES Delta, LLC (ACES Delta), which is a joint venture between Mitsubishi Power Americas, Inc. (Mitsubishi Power) and Magnum Development.
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August 10, 2023
chevron to fund new soil carbon capture pilot and blue carbon research projects in western Australia
Chevron Corporation, through its Chevron Australia New Energies Pty Ltd and Chevron Australia Pty Ltd subsidiaries, today announced investments in two lower carbon projects in Western Australia (WA).
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August 10, 2023
cummins and chevron advance strategic collaboration
Cummins Inc. (NYSE: CMI) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains.
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August 07, 2023
chevron completes acquisition of pdc energy
Chevron Corporation (NYSE: CVX) announced today that its acquisition of PDC Energy, Inc. (NASDAQ: PDCE) has been completed following approval by PDC Energy shareholders.
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