stories

Leveraging Technology

We're using technology to improve the safety and performance of our operations – helping to protect our employees, our neighbors, and our surroundings.

Wild Files: Olive Ridley Sea Turtles of Batangas Bay

Chevron has provided protection and monitoring to olive ridley sea turtle nests in Batangas Bay, which is near a fuel terminal where Chevron operates.

Ecuadorian Plaintiffs End Fraudulent Litigation Against Chevron

A group of Ecuadorian plaintiffs whose litigation against Chevron Corporation has been exposed as a fraud and bribery scheme by courts in the United States and elsewhere has ended its Canadian lawsuit against the company.

20 Things to Know About Chevron Technology Ventures

Since 1999, Chevron Technology Ventures (CTV) has pushed energy’s frontiers via business models and technology. We listed 20 things everyone should know about CTV.

David Inchausti Named Corporate Vice President and Comptroller

Chevron Corporation (NYSE: CVX) today named David Inchausti as corporate vice president and comptroller effective June 16, 2019. Inchausti succeeds Jeanette Ourada, who has elected to leave the company.

Chevron Technology Ventures

Chevron Technology Ventures (CTV) pursues new business solutions and innovative technologies that have the potential to enhance the way Chevron produces and delivers affordable, reliable, ever-cleaner energy.

Chevron Reports Business Results at Annual Stockholders Meeting

Chevron Corporation today provided an overview of the company’s 2018 operational performance and its future prospects at its 2019 Annual Meeting of Stockholders at its corporate headquarters in San Ramon, California.

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

The Power of Problem Solvers Video: Chevron’s greatest asset—our people—have been focused on making energy more affordable, more reliable, and ever cleaner.

The Power of Human Energy

At Chevron, nothing extraordinary was ever easy.  Everything bold or monumental is always difficult. Easy doesn’t make us better at anything. Difficult is an invitation to be great, and we do difficult.

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 Issues Update to Climate Report for Investors

Chevron Corporation today published an update to its March 2018 report describing the company’s approach to managing climate change risks and its resilience under a low carbon scenario. 

Chevron Announces Senior Leadership Appointments

Chevron Corporation (NYSE:CVX) today named Pierre Breber vice president and chief financial officer, effective April 1, 2019. Breber replaces Patricia Yarrington who has elected to retire after 38 years of extraordinary service with the company.

Chevron Reports Fourth Quarter Net Income of $3.7 Billion, Annual Earnings of $14.8 Billion

Chevron Corporation (NYSE: CVX) today reported earnings of $3.7 billion ($1.95 per share – diluted) for fourth quarter 2018, compared with $3.1 billion ($1.64 per share – diluted) in the fourth quarter of 2017, which included $2.02 billion in tax benefits related to U.S. tax reform. Included in the current quarter was an asset write-off totaling $270 million. Foreign currency effects increased earnings in the 2018 fourth quarter by $268 million.