stories

Chevron Announces $500,000 Contribution for Hurricane Relief

On October 16, 2018, Chevron announced a contribution of $500,000 from the Chevron Global Community Fund to assist with efforts to recover from the damage done by Hurricane Michael.

Chevron’s 2018 Fuel Your School Program Helps Support Teachers, Making up to $6 Million Available for Classroom Materials and Resources

Chevron announced the launch of its 2018 Fuel Your School program, making up to $6 million available to help support public school teachers and students in 17 U.S. communities, with the help of local Chevron and Texaco marketers and retailers in 7 of those communities.

International Tribunal Rules for Chevron in Ecuador Case

An international tribunal administered by the Permanent Court of Arbitration in The Hague has issued an award in favor of Chevron and its indirect subsidiary, Texaco Petroleum Company, finding that the Republic of Ecuador violated its obligations under international treaties, investment agreements and international law.

Chevron Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Corporation

Chevron Corporation said today it has been notified of an unsolicited "mini-tender offer" by TRC Capital Corporation to purchase up to 1 million shares of its common stock.

Chevron Announces $500,000 for California Fire Relief Efforts

Chevron announced a contribution of $500,000 from the Chevron Global Community Fund to the American Red Cross in support of relief efforts for California wildfires.

Chevron Reports Second Quarter Net Income of $3.4 Billion

Chevron Corporation reported earnings of $3.4 billion ($1.78 per share – diluted) for second quarter 2018, compared with $1.5 billion ($0.77 per share – diluted) in the second quarter of 2017.

Chevron Announces 2Q 2018 Quarterly Dividend

The Board of Directors of Chevron Corporation declared a quarterly dividend of one dollar and twelve cents ($1.12) per share, payable September 10, 2018.

Southern District of New York Dismisses Climate Change Case Against Chevron

The U.S. District Court for the Southern District of New York today granted Chevron Corporation’s Motion to Dismiss the climate change lawsuit filed against it by the City of New York.

Chevron Donates $1 Million to Friends of the Global Fight Against AIDS, Tuberculosis and Malaria

Friends of the Global Fight Against AIDS, Tuberculosis and Malaria (Friends) announced it received a two-year, $1 million grant from Chevron. The grant will help expand Friends’ work to mobilize private sector, faith, youth and other partners for the Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) and other programs aimed at ending these epidemics.

Chevron Technology Ventures Announces the Chevron Tech Challenge

Chevron Technology Ventures LLC (CTV) announced the launch of its latest initiative focused on cultivating the oil and gas industry’s innovation ecosystem and leveraging external technology to add value across Chevron operations.

Argentine Appeals Court Rejects Fraudulent Ecuadorian Judgment

An appeals court in Argentina has rejected an attempt to enforce a fraudulent Ecuadorian judgment against Chevron Corporation, making Argentina the latest country where courts have dismissed the judgment found by U.S. courts to have been obtained through racketeering and corruption.

Northern District of California Grants Chevron’s Motion to Dismiss Climate Change Case

The U.S. District Court for the Northern District of California has issued a ruling dismissing the climate change lawsuits filed against Chevron Corporation by the cities of San Francisco and Oakland.

Chevron Reports Strong Performance at Annual Stockholders Meeting

Chevron Corporation provided an overview of the company’s 2017 operational performance and expressed confidence in its prospects at its 2018 Annual Meeting of Stockholders at its corporate headquarters in San Ramon, California.

Gibraltar Supreme Court Awards Chevron $38 Million Against Ecuadorian Conspirators

The court awarded Chevron Corporation $38 million in damages and interest and issued a permanent injunction against the defendants, preventing them from assisting or supporting the case against Chevron in any way.

Canadian Appeal Court Affirms Dismissal of Suit Against Chevron Subsidiary

The Ontario Court of Appeal has upheld a lower Canadian court’s determination that an Ecuadorian judgment against Chevron Corporation, already found by U.S. courts to have been obtained through fraud and corruption, cannot be enforced against Chevron Canada Limited, an indirect subsidiary. 

Chevron Reports First Quarter Net Income of $3.6 Billion

Chevron Corporation reported earnings of $3.6 billion ($1.90 per share – diluted) for first quarter 2018, compared with $2.7 billion ($1.41 per share – diluted) in the first quarter of 2017.

Chevron Announces 1Q 2018 Quarterly Dividend

The Board of Directors of Chevron Corporation declared a quarterly dividend of one dollar and twelve cents ($1.12) per share.

Dave Payne Named Corporate Vice President of Health, Environment and Safety

Chevron Corporation named David Payne corporate vice president of Health, Environment and Safety, effective May 1, 2018. Payne is currently vice president of Chevron’s Drilling and Completions organization.

Chevron Affirms Cash Flow Growth and Capital Discipline

Chevron Corporation (NYSE: CVX) hosted its annual security analyst meeting in New York, where executives highlighted the company’s plans to excel in any market environment.

Chevron Issues Second Climate Report for Investors

Chevron Corporation today published its second report describing the company’s approach to managing climate change risks and its resilience under a low carbon scenario.

Chevron Reports Fourth Quarter Earnings of $3.1 Billion, Annual Earnings of $9.2 Billion

Chevron Corporation (NYSE: CVX) today reported earnings of $3.1 billion ($1.64 per share – diluted) for fourth quarter 2017, compared with $415 million ($0.22 per share – diluted) in the 2016 fourth quarter.

Chevron Announces $500,000 for Southern California Fire Relief Efforts

Chevron announced a contribution of $500,000 from the Chevron Global Community Fund to the American Red Cross in support of relief efforts in Southern California.  

Chevron Announces $18.3 Billion Capital and Exploratory Budget for 2018

Chevron Corporation today announced a 2018 capital and exploratory spending program of $18.3 billion. This figure includes $5.5 billion for the company’s share of expenditures by affiliated companies.

Brazil’s High Court Rejects Attempt to Enforce Fraudulent Ecuadorian Judgment Against Chevron

Brazil’s Superior Court of Justice (STJ) unanimously rejected an attempt to enforce a fraudulent Ecuadorian judgment against Chevron Corporation on Wednesday, November 29, citing a lack of jurisdiction.