stories

Chevron Sells Geothermal Operations in Indonesia

Chevron Corporation (NYSE:CVX) announced that its wholly-owned subsidiaries have completed the sale of Chevron's geothermal business in Indonesia to Star Energy Consortium.

Chevron Starts Production Offshore Angola

Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola.

Production, Margins & Cash Flow Growth Plans

Chevron Corporation (NYSE: CVX) hosted its annual security analyst meeting in New York where executives highlighted the company's growing free cash flow from its advantaged portfolio.

Chevron Reports Fourth Quarter Net Income of $415 MM

Chevron Corporation (NYSE: CVX) today reported earnings of $415 million ($0.22 per share – diluted) for fourth quarter 2016, compared with a loss of $588 million ($0.31 per share – diluted) in the 2015 fourth quarter. Foreign currency effects increased earnings in the 2016 quarter by $26 million, compared with an increase of $46 million a year earlier.

Chevron Announces 4Q 2016 Quarterly Dividend Today

The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and eight cents ($1.08) per share, payable March 10, 2017.

Chevron Names Michael K. Wirth Vice Chairman in 2017

Chevron Corporation said today that Michael K. Wirth, executive vice president of Midstream and Development, has been named vice chairman.

Court Rejects Fraudulent Ecuadorian Judgment

A Canadian court has ruled that the fraudulent Ecuadorian judgment against Chevron Corporation cannot be enforced against Chevron Canada Limited, an indirect subsidiary.

Chevron Announces Sale of Geothermal Operations

Chevron Corporation announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron’s Indonesian and Philippines Geothermal assets.

Donating To Relief Efforts For Oakland Fire

Chevron announced that the Chevron Global Community Fund will donate $50,000 to the American Red Cross Bay Area Chapter in support of their relief efforts associated with the tragic Oakland warehouse fire.

Chevron Reports Third Quarter Net Income of $1.3 Billion

Chevron Corporation (NYSE: CVX) today reported earnings of $1.3 billion ($0.68 per share – diluted) for third quarter 2016, compared with earnings of $2.0 billion ($1.09 per share – diluted) in the third quarter of 2015.

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 Announces 2Q 2016 Quarterly Dividend Today

The Board of Directors of Chevron Corporation today declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable September 12, 2016.

Chevron and JOVO Sign Five Year 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.

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 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 Q1 2016 Quarterly Dividend Today

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 is 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 names Mark A. Nelson VP 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; 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.