stories

Trust and Partnership in Action

The Pascagoula Refinery in Mississippi is an example of our strong relationships within our neighboring communities.

Chevron's Problem Solvers and The History of Energy

Since our founding in 1879, Chevron’s greatest asset—our people—have been focused on making energy more affordable, more reliable, and ever cleaner.

The Power of Problem Solvers Video

Since our founding in 1879, Chevron’s greatest asset—our people—have been focused on making energy more affordable, more reliable, and ever cleaner.

Chevron Will Not Increase Offer to Acquire Anadarko

Chevron Corporation (NYSE: CVX) announced today that, under the terms of its previously announced Merger Agreement with Anadarko Petroleum Corporation (NYSE: APC), it will not make a counterproposal and will allow the four-day match period to expire.  Accordingly, Chevron anticipates that Anadarko will terminate the Merger Agreement.

Chevron Completes Acquisition of Pasadena Refining System, Inc.

Chevron announced on April 1, 2019, that it has completed the acquisition from Petrobras America Inc. of all the outstanding shares and equity interests of Pasadena Refining System, Inc. (PRSI) and PRSI Trading LLC for $350 million, excluding working capital.

Chevron Reports First Quarter Net Income of $2.6 Billion

Chevron Corporation (NYSE: CVX) today reported earnings of $2.6 billion ($1.39 per share – diluted) for first quarter 2019, compared with $3.6 billion ($1.90 per share – diluted) in the first quarter of 2018. Foreign currency effects decreased earnings in the 2019 first quarter by $137 million.

Chevron Announces Quarterly Dividend

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and nineteen cents ($1.19) per share.  

Dutch Supreme Court Rules for Chevron in Ecuador Dispute

The Supreme Court of the Netherlands has ruled in favor of Chevron Corporation, rejecting the Republic of Ecuador’s attempts to annul decisions of an international arbitral tribunal in The Hague that ordered Ecuador to take all steps necessary to prevent enforcement of a $9.5 billion Ecuadorian judgment against Chevron anywhere in the world.

Chevron Announces Agreement to Acquire Anadarko

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Based on Chevron’s closing price on April 11th, 2019 and under the terms of the agreement, Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. The total enterprise value of the transaction is $50 billion. 

Fraudulent Ecuadorian Judgment is Unenforceable Against Chevron’s Canadian Subsidiary

The Supreme Court of Canada has rejected a request to review a decision of the Court of Appeal for Ontario that a $9.5 billion Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary.

Chevron Technology Ventures Launches $90 Million Fund VII

Chevron Technology Ventures LLC (CTV) today launched Fund VII, a new $90 million fund established to sustain Chevron’s continued venture capital investment across the energy industry. Investments from this newest fund are expected to target early- to mid-stage companies as well as limited partnership funds.

Black-Chested Buzzard Eagles of South America

Chevron has teamed up with a local Argentinian wildlife biologist to help preserve the nesting habitats of the Black Chested Buzzard Eagle of South America.

Chevron Outlines Strategy for Disciplined Growth and Higher Returns

At its annual Security Analyst Meeting today, Chevron Corporation (NYSE: CVX) announced expectations for significant cash flow growth, disciplined spending, and expanding production over the next five years.