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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. 

Chevron Announces Leadership Changes

Chevron Corporation today named Navin Mahajan vice president and treasurer, effective February 1, 2019.

Chevron Shipbuilding and Fleet Modernization

Chevron has undertaken the largest shipbuilding and fleet modernization program in recent history.

Chevron Providing Energy for Worldwide Progress

Oil has powered the world in the form of transportation fuels for more than a century, and demand is expected to grow over the long term.

Decision Support Center: Faster Data, Less Time

The Drilling & Completions Decision Support Center uses many tools to help business units save time and money on their drilling operations.

Chevron's leadership position premium base oils

chevron's base oil plant at the pascagoula refinery in Mississippi helps position Chevron as a leader in premium base oils.

Chevron Gas-to-liquids (GTL) Technology

Gas-to-liquids (GTL) is a technology that enables the production of clean-burning diesel fuel, liquid petroleum gas and naphtha from natural gas.

Oil Sands: Unlocking Untapped Energy

Oil sands contain a mixture of sand, water, clay and bitumen, and extra-heavy oil that is too thick to be pumped without first being diluted or heated.

Geology, Geophysics & Petroleum Engineering

Reservoir management uses elements of geology, geophysics and petroleum engineering to predict and manage the recovery of oil and natural gas from rock formations beneath the earth.

2013 Review: Projects, Resources and Partnerships

Guided by our corporate vision and values, Chevron achieved strong financial and operational performance in 2013.

Using Steamflooding and EOR to Produce More Oil

See how steamflooding technology California's Kern River Field shows promising potential to enhance recovery from crude oil fields around the world.

Chevron: Sharing Heavy Oil Steamflooding Technology

Chevron's Heavy Oil University provides hands-on experience with steamflood technology, to engineers and geologists from around the world.

Regulator ANP Shut In One Production Well

SAN RAMON, Calif., December 1, 2011 – Chevron Brasil Upstream Frade Ltda announced today it has been ordered by Brazil’s National Petroleum Agency (ANP) to shut in one of its 11 production wells and four produced water injection wells at its off-shore Frade joint-venture fFloating pProduction-sStorage and oOffloading (FPSO) facility.

Chevron Now Cementing Deepwater Well in Brazil

Chevron Corporation (NYSE: CVX) today confirms that cementing operations are taking place as part of its well plugging activities on an appraisal well located in the vicinity of the Frade field offshore Brazil.

Statement Regarding Oil Seep In Brazil

Chevron Corporation (NYSE: CVX) today reiterated that its efforts to respond to oil seeps and a subsequent sheen in the vicinity of its Chevron- operated Frade project have been successful.

Chevron's Richmond Refinery Repurposes Wastewater

Chevron partnered with the East Bay Municipal Utility District to use wastewater for processing, freeing up freshwater supplies for the community.

Stimulating the Economy, Generating Jobs in California

Meet business owners who are examples of how Chevron touches thousands of people and hundreds of businesses in California every day.

Chevron Protects Angola's Rich Biodiversity

The Tombua-Landana deepwater project off the shore of Angola comprises a 1,554 feet (474 meter) tower — one of the world's tallest manmade structures.

Chevron's Tengiz Oil Field Expansion in Kazakhstan

The Tengiz Field in Kazakhstan is one of the largest, most complex crude oil fields in the world. Extraordinary lengths have been required to produce oil.

Major Deepwater Oil Discovery in the Gulf of Mexico

The Blind Faith Platform is the company's deepest offshore production facility, with subsea wells located in 7,000 feet (2,134 meters) of water.