stories

Emerging Solar Technologies In California

Chevron Corporation (NYSE: CVX) today announced the start of Project Brightfield, a demonstration of next-generation solar energy technologies in Bakersfield, California.

Chevron Deploys a Second Ultra-Deepwater Drillship

Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), today announced that it has commenced operations on the Discoverer Inspiration, an ultra-deepwater drillship, in the U.S. Gulf of Mexico.

Chevron Energy Solutions to Build 3.7MW Solar Project

Chevron Energy Solutions, a unit of Chevron Corporation (NYSE:CVX), and East Side Union High School District in San Jose, California, today announced the start of construction on a 3.7-megawatt solar project that is expected to provide more than $1.5 million in budget relief to the district's general fund in the first year and $7.6 million over five years.

Chevron Well-Positioned for Future Growth

Chevron Corporation (NYSE:CVX) enters the decade with an upstream portfolio of major capital projects that uniquely positions the company for future growth, executives said today at a meeting with financial analysts in New York.

Seismic Technology: Key to Finding Oil and Natural Gas

Chevron employee Julia Baggs explains how we use seismic technology to search for oil and natural gas beneath the surface of the earth.

Renewable Energy: Improving Solar Energy Technology

At a test facility in California, Chevron is applying renewable energy expertise to evaluate the best solar energy technology available.

Executive Vice President Charles A. James to Leave

Chevron Corporation (NYSE: CVX) today announced that executive vice president, Charles A. James, will leave the company effective May 2, 2010. James, who intends to retire from the active practice of law, will join the adjunct faculty of the law school at Arizona State University and pursue other charitable ventures.

excited named top corporation for women businesses

The Women's Business Enterprise National Council (WBENC) announced Chevron as one of America's Top Corporations for Women’s Business Enterprises for providing growth opportunities to women business owners.

Chevron Develops New Venezuelan Energy Project

Chevron Corporation (NYSE:CVX) today announced that a consortium led by its Venezuelan subsidiary has been selected to negotiate its participation in a project composed of three blocks in the Orinoco Oil Belt (Faja) of eastern Venezuela.

Court Appointee in Chevron Ecuador Lawsuit Tied to Ecuador State-Owned Oil Company

In a court filing today in Lago Agrio, Ecuador, Chevron Corp. (NYSE:CVX) provided newly discovered information showing that the author of a report recommending that Chevron be ordered to pay $27 billion in damages is the majority owner of an oilfield remediation company that stands to gain financially from a judgment against Chevron.

Matthew J. Foehr Named Chevron Comptroller

Chevron Corporation (NYSE: CVX) today named Matthew J. Foehr as corporate vice president and comptroller, effective April 1. Foehr succeeds Mark A. Humphrey, who is retiring from the position after 34 years with the company.

Chevron Net Income Down 37% From Q4 In 2008

SAN RAMON, Calif., January 29, 2010 – Chevron Corporation (NYSE: CVX) today reported earnings of $3.07 billion ($1.53 per share – diluted) for the fourth quarter 2009, compared with $4.90 billion ($2.44 per share – diluted) in the fourth quarter 2008.

Chevron Announces 4Q 2009 Quarterly Dividend

The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of sixty-eight cents ($0.68) per share.

Chevron Makes Final Investment Decision on Papa Terra Project Offshore Brazil

Chevron Corporation (NYSE:CVX) announced today that its Brazilian subsidiary will proceed with the development of the Papa Terra project as the company's second deepwater development offshore Brazil.

Chevron Announces Gas Discovery in Greater Gorgon Area

Chevron Corporation (NYSE: CVX), through an Australian subsidiary, today announced further exploration drilling success in the Greater Gorgon Area in the Carnarvon Basin offshore Western Australia.

Chevron and Kyushu Electric Sign Multiple LNG Deals

Chevron Corporation (NYSE: CVX) today announced that its Australian subsidiaries have signed multiple Heads of Agreements (HOAs) with Kyushu Electric Power Co., Inc. for the delivery of liquefied natural gas (LNG) from the Chevron-operated Gorgon and Wheatstone natural gas projects.

Chevron Issues Interim Update for Fourth Quarter 2009

Chevron Corporation (NYSE:CVX) today reported in its interim update that earnings for the fourth quarter 2009 are expected to be lower than in the third quarter 2009.

Signing Gorgon Natural Gas Agreement

Chevron Corporation (NYSE: CVX) today announced that its Australian subsidiaries and Nippon Oil Corporation have signed a Heads of Agreement (HOA) for the delivery of 0.3 million metric tons per year (MTPY) of liquefied natural gas (LNG) for 15 years from the Chevron-operated Gorgon Project in Western Australia.

Chevron and Chubu Electric Sign Major Gorgon LNG Deal

Chevron Corporation (NYSE: CVX) today announced that its Australian subsidiaries have signed binding long-term Sales and Purchase Agreements (SPAs) with Chubu Electric Power for a portion of Chevron's share of liquefied natural gas (LNG) from the Gorgon Project.

$21.6 Billion Capital & Exploratory Budget 2010

Chevron Corporation (NYSE: CVX) today announced a $21.6 billion capital and exploratory spending program for 2010, a five percent decrease from projected 2009 expenditures.

Tokyo Electric Sign HOA For Wheatstone LNG

Chevron Corporation (NYSE: CVX) today announced that its subsidiary, Chevron Australia Pty Ltd, has signed a Heads of Agreement (HOA) with the Tokyo Electric Power Company (TEPCO) to deliver 4.1 million tons per annum (MTPA) of liquefied natural gas (LNG) for up to 20 years from the Wheatstone Project in northwestern Australia.

Chevron Receives Business Civic Leadership Award

Chevron and the non-profit Discovery Channel Global Education Partnership (DCGEP) announced today that their collaboration to help educate students around the world has been awarded the 2009 Partnership Award by the U.S. Chamber of Commerce Business Civic Leadership Center.

Wheatstone Project Welcomes New Partners

Chevron Corporation (NYSE: CVX), through its subsidiaries Chevron Australia Pty Ltd and Chevron (TAPL) Pty Ltd, announced that it signed an agreement with Apache Julimar Pty Ltd, a subsidiary of the Apache Corporation (NYSE: APA), and KUFPEC Australia (Julimar) Pty Ltd, a subsidiary of the Kuwait Foreign Petroleum Exploration Company k.s.c., to bring them into Chevron's Wheatstone liquefied natural gas (LNG) project as natural gas suppliers and 25 percent equity partners in the project facilities.

Chevron Announces California Partnership to Invest in Education and Jobs

Chevron Corporation (NYSE: CVX) today announced the California Partnership, an initiative to invest in education and economic development in its home state.

Chevron Announces Natural Gas Find in Australia

Chevron Corporation (NYSE: CVX) today announced an additional natural gas discovery in the Greater Gorgon area's Carnarvon Basin, Australia's premier offshore hydrocarbon zone.