in the news
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April 21, 2021
Chevron, Toyota Pursue Strategic Alliance on Hydrogen
Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. (Toyota) announced a memorandum of understanding to explore a strategic alliance to catalyze and lead the development of commercially viable, large-scale businesses in hydrogen, with the goal to advance a functional, thriving global hydrogen economy.
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April 13, 2021
Chevron and Honeywell Announce Start-up of World's First Commercial ISOALKY™ Ionic Liquids Alkylation Unit
Chevron Corporation (NYSE: CVX) and Honeywell (NYSE: HON) today announced the commissioning and start-up of the world’s first commercial-scale ISOALKY process unit that utilizes ionic liquids to produce alkylate. The ISOALKY™ technology represents a major innovation in alkylation technology.
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April 07, 2021
Chevron and Hokkaido Gas Co., Ltd. Sign LNG Agreement
Chevron Corporation (NYSE: CVX) today announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (“CUSA”) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to the Hokkaido area.
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April 01, 2021
Second Circuit Rejects New York City Climate Change Case Against Chevron and Others
Today the United States Court of Appeals for the Second Circuit unanimously ruled that the City of New York’s climate change lawsuit against Chevron and a group of other energy producers is without merit and must be dismissed. The court upheld the federal district court’s decision that the City’s claims are barred, holding that municipalities cannot “utilize state tort law to hold multinational oil companies liable for the damages caused by global greenhouse gas emissions.”
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March 05, 2021
Chevron Announces Agreement to Acquire Noble Midstream Partners
Chevron Corporation (NYSE: CVX) (“Chevron”) and Noble Midstream Partners, LP (NASDAQ: NBLX) (“Noble Midstream”) announced today that they have entered into a definitive agreement for Chevron to acquire all (33.925 million) of the publicly held common units representing the limited partner interests in Noble Midstream, not already owned by Chevron and its affiliates (the “Common Units”), in an all-stock transaction whereby each outstanding unitholder of Noble Midstream would receive 0.1393 of a share of common stock of Chevron in exchange for each Common Unit owned.
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March 04, 2021
U.S. Court of Appeals Affirms Contempt Rulings Against Disbarred Lawyer Behind Fraudulent Ecuadorian Lawsuit
The United States Court of Appeals for the Second Circuit today affirmed multiple findings of civil contempt against disbarred attorney Steven Donziger, effectively bringing to a close his campaign to profit from the fraudulent Ecuadorian judgment he procured in violation of the Racketeer Influenced and Corrupt Organizations (“RICO”) Act.
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February 28, 2021
Chevron Invests in Geothermal Development Company
Chevron Corporation (NYSE: CVX) today announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets.
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February 25, 2021
Chevron Commits $300 million Toward Low-Carbon Technology Investments
Chevron Technology Ventures, LLC (CTV) today announced the launch of its $300-million Future Energy Fund II focused on technologies that have the potential to enable affordable, reliable, and ever-cleaner energy for all.
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