stories

Ecuador In Breach Of Obligations Under Law

An international arbitration tribunal issued an award yesterday finding that the Republic of Ecuador has violated the tribunal’s prior Interim Awards authorized under international law and a treaty between the United States and Ecuador by not preventing the attempted enforcement of a $19 billion judgment against Chevron Corp.

Chevron Announces Further Natural Gas Discovery Offshore Australia (Feb. 7, 2013)

Chevron Corporation today announced the 20th discovery off the Western Australian coast since mid-2009 by its Australian subsidiary following further drilling success in the Exmouth Plateau area, located in the prolific Carnarvon Basin, a premier hydrocarbon basin.

Chevron Makes Final Investment Decision on Mafumeira Sul Project Offshore Angola

Chevron Corporation announced today that its Cabinda Gulf Oil Company Limited subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola.

how energy can supercharge the u.s. economy

One of the greatest challenges facing the United States today is restoring our economic strength. Fortunately, this challenge comes amid an energy renaissance that could reverse more than 20 years of domestic crude oil production declines and position the United States as a global leader in natural gas production.

Chevron Reports Fourth Quarter Net Income of $7.2 Billion And 2012 Earnings of $26.2 Billion

Chevron Corporation today reported earnings of $7.2 billion ($3.70 per share – diluted) for the fourth quarter 2012, compared with $5.1 billion ($2.58 per share – diluted) in the 2011 fourth quarter. Results in the 2012 period included a gain of $1.4 billion from an upstream asset exchange.

Chevron Realigns its Gas and Midstream Organization

Chevron Corporation said today that it will realign its Gas and Midstream business by consolidating the company’s supply and trading functions into a single supply and trading group within Chevron’s Gas and Midstream organization.

Chevron Announces Quarterly Dividend (Jan. 30, 2013)

The Board of Directors of Chevron Corporation today declared a quarterly dividend of ninety cents per share, payable March 11, 2013, to holders of common stock as shown on the transfer records of the Corporation at the close of business on February 15, 2013.

Former Ecuadorian Judge Admits Role in Orchestrating Fraudulent Judgment Against Chevron

A former Ecuadorian judge has acknowledged his direct involvement in orchestrating a fraudulent judgment against Chevron Corp. in the environmental trial against the company in Lago Agrio, Ecuador.

Chevron to Redeem Texaco Capital Bond on March 1, 2013

Chevron Corporation announced that the indenture trustee of the “Texaco Capital Inc. 7.5% Guaranteed Debentures Due 2043” with face value of $83.72 million has been notified that the bond will be redeemed on March 1, 2013, as per the terms of the Prospectus Supplement dated March 4, 1993.

Signed Agreement for Exploration Offshore Morocco

Chevron Corporation announced that its subsidiary, Chevron Morocco Exploration Ltd, signed petroleum agreements with Morocco’s Office National Des Hydrocarbures Et Des Mines for three offshore areas.

Fuel Your School Program Benefits Nearly 700,000 Students in 9 Communities Across the U.S.

Chevron U.S.A. Inc. and DonorsChoose.org today announced that its Fuel Your School program funded $4.49 million, benefitting local classroom projects at 1,733 K-12 public schools across the country and impacting a total of 697,904 students in 2012.

Chevron Acquires New Offshore China Acreage

Chevron Corporation announced today that its China subsidiary has entered into production sharing contracts (PSC) with China National Offshore Oil Corporation (CNOOC) for two exploration blocks in the South China Sea’s Pearl River Mouth Basin.

Chevron Issues Interim Update for Fourth Quarter 2012

Chevron Corporation today reported in its interim update that earnings for the fourth quarter 2012 are expected to be notably higher than third quarter 2012.

Chevron Appoints New Chief Procurement Officer

Chevron Corporation today announced that Maria Lindenberg was appointed chief procurement officer, effective Jan. 1, 2013.

Discoveries Offshore Western Australia

Chevron Corporation today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin.

Chevron Subsidiary Acquires Operating Interest in Western Canada LNG Project

Chevron Corporation today announced that its indirect Canadian subsidiary, Chevron Canada Limited, will acquire a 50 percent operating interest in the Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), and a 50 percent interest in approximately 644,000 acres of petroleum and natural gas rights in the Horn River and Liard Basins in British Columbia, Canada.

Whistleblower Threatened By Lago Agrio Lawyers

December 18, 2012 – Chevron Corp. today condemned actions taken by the Lago Agrio plaintiffs’ lawyers to intimidate, threaten, and harass whistleblower Fernando Reyes.

Three Pillars of Partnership

Remarks at the Kurdistan-Iraq Oil & Gas Conference by Ian MacDonald, Vice President Chevron Europe, Eurasia and Middle East Exploration & Production Limited.

Learning a Trade, Building a Life in Cape Town

Chevron's trade skills training program support is helping South Africa residents forge a new life, helping overcome AIDS, unemployment and illiteracy.

Chevron Files Ethics Complaint Against New York State Comptroller Thomas DiNapoli

Chevron Corp filed a complaint before the New York State Joint Commission on Public Ethics today, seeking an investigation of New York State Comptroller Thomas DiNapoli as well as current and past members of his staff for multiple violations of New York Public Officers Law.

Chevron Net Income Down From Q3 In 2011

Chevron Corporation today reported earnings of $5.3 billion ($2.69 per share – diluted) for the third quarter 2012, compared with $7.8 billion ($3.92 per share – diluted) in the 2011 third quarter.

Protecting the Mojave Desert Tortoise

Conservation biologists at the Ivanpah Desert Tortoise Research Facility research strategies to preserve the Mojave Desert’s tortoise population.

Chevron Statement on Ecuador Judgment Enforcement Action

In response to media reports that the Lago Agrio plaintiffs’ lawyers have initiated recognition and enforcement actions of their fraudulent judgment in Argentina.

Chevron Announces Quarterly Dividend (Oct. 31, 2012)

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of ninety cents ($0.90) per share, payable December 10, 2012, to holders of common stock as shown on the transfer records of the Corporation at the close of business on November 16, 2012.

Chevron Announces Further Natural Gas Discovery Offshore Australia (Oct. 25, 2012)

Chevron Corporation today announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin.

$2 Million To Hurricane Isaac Relief Efforts

Chevron Corporation announced that its subsidiary Chevron U.S.A. Inc. has contributed $2 million to provide assistance to communities affected by Hurricane Isaac in Louisiana and Mississippi.

Chevron Issues Interim Update for Third Quarter 2012

Chevron Corporation today reported in its interim update that earnings for the third quarter 2012 are expected to be substantially lower than second quarter 2012.

Dr. Alice P. Gast Elected to Chevron Board of Directors

Chevron Corporation (NYSE: CVX) announced that Dr. Alice P. Gast has been elected to Chevron’s board of directors and will serve on the company’s Audit Committee.

Chevron Awarded Deepwater Interest Offshore Sierra Leone

Chevron Corporation announced its subsidiary Chevron (SL) Ltd. has been awarded participation in two deepwater blocks located offshore Sierra Leone.