Dr. Dambisa Moyo and Dr. Wanda M. Austin Elected to Chevron’s Board of Directors
Chevron Corporation (NYSE: CVX) announced that Dr. Dambisa Moyo and Dr. Wanda Austin have been elected to Chevron's board of directors.
Appeals Court Affirms RICO Judgment Against Lawyer Behind Fraudulent Ecuador Lawsuit
The United States Court of Appeals for the Second Circuit has unanimously affirmed a lower court decision, which found that the $9.5 billion judgment against Chevron Corporation in Ecuador was the product of fraud and racketeering activity, and unenforceable in the United States.
Chevron Reports Second Quarter Loss of $1.5 Billion
Chevron Corporation (NYSE: CVX) today reported a loss of $1.5 billion ($0.78 per share – diluted) for second quarter 2016, compared with earnings of $571 million ($0.30 per share – diluted) in the second quarter of 2015.
Chevron and JOVO Sign LNG Agreement
Chevron Corporation today announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a Key Terms Agreement with Singapore Carbon Hydrogen Energy Pte. Ltd., a subsidiary of JOVO, for the delivery of liquefied natural gas (LNG) from Chevron’s global supply portfolio.
Chevron Approves Next Major Tengiz Expansion Project in Kazakhstan
Chevron Corporation today announced that its 50 percent owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project in Kazakhstan.
Chevron Highlights 2015 Performance and Future Plans at Annual Meeting of Stockholders
Chevron Reports First-Quarter Loss of $725 Million
Chevron Corporation today reported a loss of $725 million ($0.39 per share – diluted) for first quarter 2016, compared with earnings of $2.6 billion ($1.37 per share – diluted) in the 2015 first quarter.
Chevron Announces Quarterly Dividend
The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable June 10, 2016, to all holders of common stock as shown on the transfer records of the Corporation at the close of business May 19, 2016.
Randolph S. Richards Named Chevron Treasurer
Chevron Corporation (NYSE: CVX) today announced that Randolph S. Richards has been named corporate vice president and treasurer, effective May 1, 2016.
First Chevron Gorgon LNG Cargo Departs for Japan
Chevron Corporation today announced that its first shipment of liquefied natural gas from the Gorgon Project has departed Barrow Island off the northwest coast of Western Australia.
Chevron Corporation today named Mark A. Nelson corporate vice president of Strategic Planning
Chevron Corporation (NYSE: CVX) today named Mark A. Nelson corporate vice president of Strategic Planning, effective April 1, 2016.
Chevron Affirms Production Growth; Announces New Spending Cuts
Chevron Corporation (NYSE: CVX) hosted its annual security analyst meeting in New York where executives reiterated priorities, expressed confidence in the company’s near term outlook and emphasized an advantaged position when markets rebound.
Chevron Achieves First LNG Production at Gorgon
Chevron Corporation (NYSE: CVX) today announced it has started producing liquefied natural gas (LNG) and condensate at the Gorgon Project on Barrow Island off the northwest coast of Western Australia.
Stephen W. Green Named President of Chevron Asia Pacific Exploration and Production
Chevron Corporation (NYSE: CVX) today named Stephen W. Green president of Chevron Asia Pacific Exploration and Production effective April 1, 2016.
Chevron Reports Fourth-Quarter Loss of $588 Million and 2015 Earnings of $4.6 Billion
Chevron Announces First Gas from the Chuandongbei Project in Southwest China
Chuandongbei is one of the largest onshore gas projects developed by an international oil company and a national oil company in China.
Chevron Corp. Statement on Dutch Court Decision on Arbitral Awards
The District Court of The Hague has ruled in favor of Chevron Corp., rejecting an attempt by the Republic of Ecuador to nullify, or set aside, several arbitral awards rendered against Ecuador by an international arbitration tribunal that is hearing the company’s claims related to the fraudulent lawsuit against Chevron.
Chevron and China Huadian Sign Heads of Agreement for Long Term LNG Supply
The company announced that it has signed a non-binding liquefied natural gas (LNG) supply Heads of Agreement with China Huadian Green Energy Co., Ltd. When the agreement is finalized, China Huadian Green Energy is expected to receive up to 1 million metric tons per annum of LNG over 10 years starting in 2020.
Supreme Court of Gibraltar Rules Against Donziger Offshore Company; Awards Chevron $28 Million
The Supreme Court of Gibraltar has issued a judgment against Amazonia Recovery Ltd., a Gibraltar-based company set up to receive and distribute funds resulting from a fraudulent Ecuadorian judgment against Chevron.
Chevron Confirms First Production From the Moho Bilondo Phase 1b Development Offshore the Republic of Congo
Chevron Corporation (NYSE: CVX) confirmed today that its subsidiary, Chevron Overseas (Congo) Limited, and partners have started production from the deepwater development Moho Bilondo Phase 1b offshore the Republic of Congo.
Chevron’s 2015 Fuel Your School Program Provides More Than 1 Million Students with Classroom Supplies to Inspire Learning
Chevron U.S.A. Inc. announced today that its 2015 Fuel Your School program generated more than $8.8 million to help fund 10,126 classroom projects.
Chevron Announces $26.6 Billion Capital and Exploratory Budget for 2016
Chevron Corporation today announced a $26.6 billion capital and exploratory investment program for 2016.
Chevron Announces First Production From the Lianzi Development Offshore the Republic of Congo and Angola
Chevron Corporation announces Chevron Overseas (Congo) Limited has commenced oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.
Chevron Reports Third Quarter Net Income of $2.0 Billion
Chevron Corporation today reported earnings of $2.0 billion ($1.09 per share – diluted) for third quarter 2015, compared with earnings of $5.6 billion ($2.95 per share – diluted) in the 2014 third quarter. Foreign currency effects increased earnings in the 2015 quarter by $394 million, compared with an increase of $366 million a year earlier.
Chevron Announces the Successful Appraisal of the Anchor Discovery in the Deepwater Gulf of Mexico
Chevron announced today the successful appraisal of the Anchor discovery in the Lower Tertiary Wilcox Trend.
Chevron Announces Senior Management Changes
Chevron Corporation announced today that two of its top executives will assume new roles effective Jan. 1, 2016.
H5 Settles With Chevron Over Ecuadorian Lawsuit
Chevron Corporation has reached a settlement agreement with H5, a California-based e-discovery and litigation services firm. In the settlement, H5 has withdrawn its support from the litigation against Chevron in Ecuador and has assigned its 1.25 percent interest in the $9.5 billion Ecuadorian judgment to Chevron.
Chevron’s 2015 Fuel Your School Program Launches With up to $8.8 Million Available for Education Projects in the U.S.
Chevron U.S.A. Inc. (NYSE: CVX) today announced the launch of its 2015 Fuel Your School program, an innovative collaboration with DonorsChoose.org to support public education in 21 U.S. communities, with the help of local Chevron and Texaco marketers in five markets.